Subscribe to our Construction Newsfeed
UK Construction Directory
Search our 156,885 companies....

Construction News

09/11/2017

McCarthy & Stone Appoint New Chairman

Construction News Image
Retirement housebuilder McCarthy & Stone has announced Paul Lester is to become its new Chairman.

Mr Lester will succeed John White, who will retire following the Company's Annual General Meeting on 25 January 2018.

Previously, Mr Lester was Group Managing Director of Balfour Beatty before becoming Chief Executive of support services company VT Group in 2002.

In addition to being Chairman of John Laing Infrastructure Fund until September this year, Mr Lester is currently Chairman of Essentra and Forterra, as well as being a former Director of Invensys.
-- Advertisement --
hss



Commenting on the appointment, current McCarthy & Stone Chairman John White said: "The Company remains uniquely-placed to capitalise on the substantial growth opportunity in retirement housing, driven by a rapidly ageing population in the UK, and the team can look to the future with confidence. I am pleased to be handing over to someone of Paul's standing and experience and I am certain that he will make a major contribution to McCarthy & Stone."

Mr Lester added: "I am delighted to be joining the Board of the UK's leading retirement homebuilder. This is a very exciting time for McCarthy & Stone and I look forward to supporting Clive Fenton and his team in developing the Company's strategy and performance still further."

(LM)

Latest Construction News

14/02/2025
Nottingham City Council has signed a £12.6 million contract with Balfour Beatty to deliver an 85-metre long walking and cycling bridge over the River Trent. The bridge, which will span the river at 20 metres high, is set to become a key infrastructure link, connecting the north side of the river—wh
14/02/2025
GMI Construction Group has officially broken ground on one of the largest regeneration projects in Grimsby's history, the transformation of Freshney Place into a vibrant leisure, retail, and food hub, complemented by a modern market. The redevelopment, backed by both the Government and North East L
14/02/2025
Salford City Council has approved plans for the construction of 25 affordable homes across two locations in the city, aimed at providing much-needed supported accommodation for young people who are homeless or at risk of homelessness. The first development, located on Bridgewater Street in Little H
14/02/2025
Work has officially begun on a new 25-metre swimming pool at Pentwyn Leisure Centre, Cardiff, as part of an exciting upgrade to the facility. The project, being carried out by Cardiff Council’s appointed contractor, is expected to be completed by the end of the year. The new pool will feature a r
14/02/2025
Homebuilder Cala has launched a new business division, Cala Southern, as part of its growth strategy across the South of England. Cala Southern will spearhead the company's westward expansion, enhancing Cala's presence in Dorset, Hampshire and Southern Wiltshire, to meet strong demand for high-qual
14/02/2025
Harrow is set to see the creation of 149 new family homes, including new council properties, following the approval of phase one of the Byron Quarter development. In a partnership between the London Borough of Harrow and Wates Residential, the project will transform underutilised council-owned land
14/02/2025
Barhale and Flannery have partnered with JCB to conduct the first in-field trial of the equipment manufacturer's groundbreaking hydrogen-powered backhoe loader. The trial, which took place at Lower Penn, a Severn Trent Water project on the outskirts of Wolverhampton, saw the innovative 3CX loader p
14/02/2025
McLaren Construction Midlands and North is making impressive progress on a major student accommodation development at 77 Talbot Street, Nottingham, with the £25.8m project set to welcome students by September 2025. The nine-storey building, designed by Leonard Design Architects, is being constructe
14/02/2025
Manchester has been allocated £1.5 million by the Government to support the next phase of regeneration in Collyhurst, located in north Manchester. The funding forms part of the larger Victoria North regeneration programme, a transformative project aimed at revitalising the area. The grant will be
14/02/2025
Construction work has officially commenced on Overstone Park Primary School, a state-of-the-art, non-selective, state-funded educational facility at the Overstone Leys development in north-east Northampton. The milestone was marked by a groundbreaking ceremony which signalled the start of a major p
This web site uses cookies to improve your experience and by viewing our content you accept their use. Click here to remove this notice.
Lakeside HireStuart CanvasT & D Glazing And Installation LimitedAqua Direct LtdThink Construction Skills Ltd.BRICOFLOR UKEfco UK LtdRapierstar LtdDecking (NI) LtdFW Supplies