Bellway p.l.c. announced that Keith Adey, Group Finance Director, has advised the Board that, following a successful career that has spanned over 15 years with Bellway including over 12 years as Group Finance Director, and after much careful consideration, the time is right to step down from his role and from the Board. Keith intends to retire from full-time executive work once a successor has been appointed. A thorough recruitment process, led by the Nomination Committee with the support of external consultants, will now be undertaken. Throughout this process Keith will remain committed as Group Finance Director until an appropriate candidate has been appointed and a suitable handover has taken place which the Board expects to be early in 2025.

The Company also announced that Simon Scougall will be appointed to join the Board in the newly created executive role of Chief Commercial Officer on 1 August 2024. Simon has held a number of senior positions within Bellway for over 13 years and is currently the Group General Counsel and Company Secretary and a member of the Group Executive Committee.