Homebuilders Berkeley Group announce ‘Rob the Builder’ as new executive chair to lead 10-year strategy
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Berkeley Group announces leadership reshuffle amid housing pledge
- Berkeley Group Holdings has reported end-of-year pre-tax profits of £528.9m and £337.3m in net cash.
- Rob Perrins, the current CEO, will transition to executive chairman, succeeding Michael Dobson, while Richard Stearn will become the new CEO.
- The company delivered over 4,000 homes, with 92 per cent on brownfield land, and distributed £251.8m in dividends to shareholders.
- Berkeley Group unveiled a new 10-year strategy, allocating £7bn in free cash flow and committing to return at least £2bn to investors.
- The group affirmed its commitment to the government's housing agenda, advocating for regulatory improvements to accelerate the delivery of 1.5 million affordable homes.