Bovis Homes CEO resigns

The board of Bovis Homes announced that chief executive (CEO) David Ritchie notified the group of his intention to leave the company.

Management said David will step down as CEO and as a board director with immediate effect, but will remain with the Group until 28 February to assist with the process of transition.

Bovis Homes appointed Earl Sibley, the group's Finance Director, as interim CEO with immediate effect, and will initiate a process to appoint a permanent successor, which is expected to take several months.

At 12:06pm: (LON:BVS) Bovis Homes Group PLC share price was +12p at 823p