Gleeson has announced that James Thomson wishes to stand down as CEO on 31st December 2022, having implemented significant cultural and structural changes over the past three years to support the Group’s strategic objectives. He will remain on the Board as a Non-Executive Director and will be succeeded by Graham Prothero, currently COO of Vistry Group. He was formerly CEO of Galliford Try from 2019, having previously served as FD since 2013. In our view, Graham looks to be a very strong appointment, given his track record and experience. James Thomson’s ongoing role on the Board should ensure a smooth transition and we fully expect this to follow the delivery of this year’s 2000 home target.
