Persimmon’s Martyn Clark to replace Peter Truscott after he retires later this year
Business live – latest updates
The boss of the struggling housebuilder Crest Nicholson has revealed he is stepping down after it revealed its profits have plummeted by 70% in a year amid runaway costs and a slump in the number of property completions.
Peter Truscott will be replaced as chief executive by Martyn Clark, now chief commercial officer at rival Persimmon, later this year.
Continue reading…Persimmon’s Martyn Clark to replace Peter Truscott after he retires later this yearBusiness live – latest updatesThe boss of the struggling housebuilder Crest Nicholson has revealed he is stepping down after it revealed its profits have plummeted by 70% in a year amid runaway costs and a slump in the number of property completions.Peter Truscott will be replaced as chief executive by Martyn Clark, now chief commercial officer at rival Persimmon, later this year. Continue reading…