New chief executive named at Galliford Try

Peter Truscott
Peter Truscott

Galliford Try has appointed Peter Truscott from Taylor Wimpey as its new chief executive amid a raft of executive and non-executive appointments to its board.

Currently divisional chairman, south at Taylor Wimpey and a member of the group management team, Peter Truscott will take up his position from 1 October 2015.

Peter joined George Wimpey in 1984 and worked at CALA Homes from 1993 to 1996, before re-joining Wimpey where he held a succession of senior management positions.



Executive chairman Greg Fitzgerald will step aside to become non-executive chairman from 1 January 2016 while Peter Rogers is to retire from the board altogether.

Galliford Try has also asked Ken Gillespie to assume wider group responsibilities in addition to his role as construction division chief executive. In recognition of this expanded role, Ken has been appointed as group chief operating officer as well as continuing to lead the construction division.

Two new non-executive directors Peter Ventress and Gavin Slark are also joining the Galliford Try board.

Peter Ventress, appointed deputy chairman and senior independent non-executive director, is currently chief executive of Berendsen and a non-executive director at Premier Farnell plc while new non-executive director effective from 13 May 2015, Gavin Slark, chief executive officer of Grafton Group plc. Both Peter and Gavin will become members of the audit, nomination and remuneration committees from appointment.



Terry Miller, chair of the nomination committee, said: “I am pleased that Peter Truscott has agreed to join Galliford Try as chief executive. Peter brings great knowledge and experience of our industry and the Board has every confidence in his ability to continue the strategy for disciplined growth that has already started delivering for shareholders.

“With the appointment of Peter Ventress and Gavin Slark, the board brings together a good blend of fresh experience and ideas to complement an existing team who have worked together to develop the successful growth strategy.”

Peter Ventress, deputy chairman and senior independent director, said: “I join Galliford Try at an exciting stage in its development. Greg has made an immense contribution to the group’s success and we are delighted that his experience will continue to be available to us as Peter Truscott takes on the role of chief executive and leads the group onto even greater success. The group is in an excellent financial position with a clear growth strategy.”

Peter Rogers, retiring deputy chairman and senior independent director, said: “With the appointment of a new chief executive and new non-executive directors it is an appropriate time for me to stand down from the board of Galliford Try.”



Greg Fitzgerald, executive chairman, said: “The group has moved quickly to secure Peter Truscott as the new chief executive whilst further strengthening the board with the appointments of Peter Ventress and Gavin Slark. I am very grateful to Peter Rogers for his significant contribution to Galliford Try over the last seven years. We have an excellent executive team, and a strong board with a broad range of experience and skills. I am confident that the group will move forward to build on our achievements to date and deliver our strategy of disciplined growth.”


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