Crest Nicholson Holdings plc announced that Patrick Bergin promoted to Chief Executive Officer with effect from the March 22, 2018, the date of the company's AGM; Stephen Stone to become Executive Chairman with effect from the 22nd March 2018, the date of the company's AGM, and Non-Executive Chairman from April 1, 2019; William Rucker, Chairman will not stand for re-election as Non-Executive Chairman leaving the Board at Company's AGM; Leslie Van de Walle appointed Deputy Chairman and Senior Independent Director of the company with immediate effect; Louise Hardy joins the Board as Non-Executive Director with immediate effect. As part of the succession planning process, Patrick Bergin was appointed Chief Operating Officer in January 2017 and the Board is delighted that he has now accepted the role of CEO.  The Board is unanimous that it would be in the best interests of the Company for Stephen Stone's expertise to remain within Crest Nicholson and, following an extensive consultation with major shareholders, has asked Stephen to become Chairman. Stephen will act in an Executive capacity for the first 12 months but will move to become Non-Executive from 1 April 2019.

Leslie has a very wide range of international senior management business experience including having been Chief Executive at both United Biscuits plc and Rexam plc. He is Senior Independent Director and Chairman of the Remuneration Committee of DCC plc and Non-Executive Chairman of Robert Walters plc having previously held the role of Chairman at both SIG plc and Weener Plastick Gmbh and as Non-Executive Director at CAPE plc. As well as acting as Deputy Chairman, Leslie will also Chair the Nomination Committee and be a member of the Audit & Risk and Remuneration Committees.

Louise Hardy will be joining the Board as Non-Executive Director effective from today. Louise joined Crest Nicholson in June 2017 as an independent non-executive member of a newly formed Technical Committee focussing on technical aspects of the build process and the benefits which could be introduced by greater use of standard house types and off-site manufacturing and now joins the Board. Louise is a civil engineer bringing a wealth of project management, technical and engineering experience including delivering of complex infrastructure projects.

Louise is currently a Non-Executive Director of Sirius Minerals plc and a Non-Executive Director of the Ebbsfleet Development Corporation. Louise will continue in her role on the Technical Committee and will join the Nomination and Remuneration Committees.