Miller Homes has appointed industry veteran John White as its new non-executive chairman.
Taking up his new position from today, White is non-executive chairman of McCarthy & Stone, a position he held since September 2013.
Previously he spent circa 38 years at Persimmon plc, being appointed group chief executive from 1993-2006 and group chairman from 2006 to 2011.
White recently announced that he will step down from his position at Mccarthy & Stone at its annual shareholder meeting on January 24.
Miller Homes chief executive, Chris Endsor, said: “John has spent all his working life in the housing industry and has unrivalled experience within the sector. I very much look forward to working with him as Miller Homes enters a new exciting phase in its development and executing our strategic growth plans of delivering 4,000 homes per year by 2021.”
John White added: “I have admired the company’s performance over recent years and its very professional approach to the demands of the new housing market. I am therefore very excited to be joining Miller Homes and working with Chris and his team. I believe there is a great opportunity for the business to respond to the continuing shortage of new housing in the UK.”
Miller Homes was acquired by private equity firm Bridgepoint in August 2017 in a transaction totalling £655 million. In 2016, the company completed a total of 2,380 homes. For the year to 31 December 2016, the company reported a 13% increase in revenue to £565m and a 31% increase in operating profit to £103m.