Crest Nicholson appoints Iain Ferguson as chairman

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Crest Nicholson said that Iain Ferguson had been appointed as chairman following an 'extensive' search process.

Ferguson would join the board on 16 Sep as non-executive chairman designate and become non-executive chairman on 1 Nov 2019 at the commencement of the company's new financial year. Stephen Stone would step down from the board on 31 Oct 2019. Iain Ferguson was a highly experienced public company chairman, non-executive director and former FTSE 100 CEO, the company said. He would bring a 'unique blend of board and business leadership experience across a range of sectors and industries, including previous roles as non-executive chairman of the Stobart, senior independent director of Balfour Beatty and chief executive of Tate & Lyle,' it added.