Dermot Gleeson to step down from board after 47 years

Grant Prior 2 months ago
Share

Construction doyen Dermot Gleeson is stepping-down from the board of house builder MJ Gleeson at the end of this year after 47 years on the board and 28 years as Chairman.

Current CEO James Thomson CEO will succeed Gleeson as non-executive Chairman.

Fiona Goldsmith, Senior Independent Director, said: “The board would like to put on record its heartfelt thanks to Dermot for the enormous contribution to the business that he has made over many years and which have seen some of the most testing times experienced across the UK housebuilding sector.

“It was his vision that saw the business transformed into the UK’s leading listed low-cost house builder and a business that can genuinely say that it changes people’s lives.

“We are delighted that James will succeed Dermot.  He has a long and outstanding track record in the housebuilding sector and, of course, a deep knowledge of Gleeson.  This will provide much stability, both in these volatile times and as we welcome Graham Prothero as our new CEO at the beginning of next year.”

Chairman Gleeson said: “I will be leaving the business in good shape and in good hands.

“I am extremely proud of what has been achieved by the wider Gleeson team throughout my time as Chairman and I look forward to watching with interest and excitement the continued growth of the business as it continues to play a leading role in meeting the enormous demand from first-time buyers for an affordable home.”

Dermot Gleeson, 73, is a descendent of MJ Gleeson himself and joined the board in 1975.

He was then appointed Chief Executive in 1988 upon the death of his uncle Jack Gleeson, and subsequently became Chairman in 1994. He then relinquished the post of Chief Executive in 1998 to become Chairman.

Latest news

McLaren tops November contracts league

Excel exhibition centre £200m phase 3 wins lifts McLaren to pole position for contract wins last month
45 mins ago

Former Wates CEO joins Mace as new financial chief

David Allen replaces Richard Bienfait who stepped down in September
34 mins ago

M25 to go green under new Shell and Balfour deal

New trial of paving on UK's busiest motorway
1 hour ago

Bidders wanted for £125m painting and decorating framework

Apply now for latest Fusion21 deal
19 mins ago

Robertson wins first MIM-funded Welsh school job

£65m Flintshire school campus project first to use Welsh mutual investment model
2 hours ago

Willmott Dixon wins £130m Broadwater Farm estate revamp

Green light for north London estate transformation
1 hour ago

Materials giant CRH looks to sell contractor Farrans

More than 550 staff set to get new owner
2 days ago

West Yorkshire transport projects delayed to save £270m

Over 30 transport schemes to be placed on hold due to cost inflation budget pressure
1 day ago

Decision on A1 Costain dualling job delayed for third time

Development consent decision for £260m Northumberland scheme put back a further 9 months
1 day ago

Colas wins £140m Cheshire highways upkeep deal

Incumbent contractor Ringway will handover to Colas in April
1 day ago

Skanska to lend staff cash

Contractor links-up with finance firm to offer affordable loans to employees
1 day ago

Ilke Homes pulls off £100m record-breaking fund raise

Largest-ever capital raise by a UK modular house builder to fund expansion
2 days ago

Construction buyers fear for year ahead

"Construction companies now have a tightrope to walk in terms of being ready for recovery and cautious around investment"
2 days ago

Gove calls for competition probe into house building

Levelling Up and Regeneration Bill 'strengthened' with new measures
2 days ago

Schools get £500m for energy upgrades this winter

Extra cash found for better heating controls, insulation and energy efficient lighting
2 days ago

1,000-home North London scheme approved

Developer Hill will start work in the Spring on South Tottenham site
2 days ago

Bid race for £500m Suffolk construction framework

Construction and building services firms called up for East of England four year deal
2 days ago

Mace employs robot dog to avoid slip and trips in tunnel

Robot working in dark and hazardous conditions under Heathrow Airport
2 days ago

Administrator details confirmed at Southampton M&E firm

Begbies Traynor now in charge at Working Environments as suppliers face large losses
3 days ago

Former Galliard chief takes helm at Inland Homes

New CEO Don O'Sullivan sets out to return south east house builder to profitability
2 days ago

Applicant numbers nosedive for construction vacancies

Recruitment market gets even more competitive - how the Enquirer can help
3 days ago

Industry veteran to head Henry Bros northern arm

Peter Commins, former Kier and Balfour Beatty northern chief, to spearhead growth drive
2 days ago

Housing association shuts in-house modular factories

Swan closes loss-making steel frame and cross-laminate timber factories
3 days ago

350-homes approved around iconic London Tube station

Housing blocks to be built around Grade II-listed Hounslow West Tube station
3 days ago

Domis set for £195m Boddingtons Brewery scheme

Developer Salboy buys Manchester site to kickstart long-awaited 556 homes project
3 days ago

John Lewis £500m funding deal to build 1,000 rental homes

Deal to advance BTR flats at store sites in Bromley, West Ealing and Reading
4 days ago

Esh launches new housing retrofit division

Esh Retrofit Solutions will target market to improve the energy performance of social rented homes
3 days ago

Eric Wright wins tricky £52m Liverpool transformation

Contractor working with engineers at Ridge and Partners on "challenging" Stanley Lock Flight site
6 days ago

Investment giant buys Bristol M&E contractor

RDCP Infrastructure acquires Avon Combined Electrical Services
6 days ago

Demolition start for £50m Farnworth town centre rebuild

Caddick Construction is tipped for main works due to start in the spring
6 days ago

Contractor services