# Taylor Wimpey CEO Pete Redfern to step down

- Link: https://www.directorstalkinterviews.com/taylor-wimpey-ceo-pete-redfern-to-step-down/4121037356
- Published: 2021-12-08T07:24:16+00:00
- Author: Amilia Stone

**[Taylor Wimpey plc](https://www.directorstalkinterviews.com/ftse-company/taylor-wimpey-plc/tw.l)**(
LON:TW) has announced that Pete Redfern will step down as CEO, after more than 14
years of outstanding service in the role, and will leave the business once a suitable
candidate has been identified and a full handover has taken place.

The Board has a robust succession plan in place and the recruitment process is advanced,
with a selection process considering both internal and external candidates. Pete
will continue as CEO and remain on the Board in the intervening period to ensure
a smooth and orderly transition.

> **Irene Dorner, Chairman, said:**
> “Pete has made an invaluable contribution to the business during his almost 15
> years as CEO, including having successfully led the company through a global financial
> crisis and the recent pandemic. Pete has led a management team which has overseen
> the transformation of Taylor Wimpey into one of the largest housebuilders in the
> UK, with an industry leading landbank, a strong financial position and a clear
> and deliverable strategy for profitable growth. In addition, Pete will leave the
> business with a strong and differentiated culture he can be proud of creating.”

> **Pete Redfern, CEO, said:**
> “It has been a privilege to work at Taylor Wimpey for the last two decades and
> to lead a business of which I am so proud, working with so many exceptional people
> both within the business and through our partnerships. The business is in excellent
> health and is well positioned for strong future growth. Accordingly, I am confident
> that now is the right time for fresh leadership as Taylor Wimpey starts the next
> chapter.
> Last year, having significantly increased our landbuying to take advantage of 
> land market opportunities, we have grown our landbank and set a clear path to 
> deliver strong growth and returns over the coming years. I am extremely proud 
> that Taylor Wimpey is a five-star homebuilder for customer service, with the highest
> construction quality scores in the volume housebuilding industry and outstanding
> employee engagement.
> I would like to thank everyone at Taylor Wimpey for their past, current and future
> support.”

A further update will be provided to the market at the appropriate time.

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