Vistry Group (LSE:VTY) has appointed Adam Daniels as Chief Executive Officer and Executive Director with immediate effect. He succeeds Greg Fitzgerald, who is stepping down as Executive Chair and CEO and as a board director by mutual agreement; Greg will remain available to assist with transition arrangements.
Daniels is already part of Vistry’s Executive Leadership Team and serves as Executive Chair of one of the group’s two largest operating divisions.
The company said he brings "significant experience in the UK partnerships, affordable housing and housebuilding sectors, with a strong track record in operational delivery, capital discipline, land management and customer outcomes" and has "strong working relationships with some of the largest Local Authorities and Housing Associations nationwide." He joined Countryside Partnerships in 2016, took his first senior leadership role in 2019 and has held a variety of leadership roles across the Vistry business; earlier in his career he worked at Galliford Try Partnerships and Bloor Homes.
The appointment follows "the conclusion of a thorough multi-year CEO succession and development process led by the Nomination Committee, supported by external advisers, which considered both internal and external candidates," Vistry said.
"I am delighted to confirm the appointment of Adam Daniels as CEO of Vistry. Adam is a proven leader, clear thinker and strong operator. I am looking forward to working closely with Adam, our CFO Tim Lawlor, and the rest of the Executive Leadership Team to ensure we maximise the strengths and opportunities of the Group's mixed-tenure Partnerships model. The Board is confident that Adam's collaborative, values-led approach will leverage Vistry's unique partnerships capabilities, resources and highly talented people to deliver on the Group's clear potential and create long-term value for all stakeholders." Rob Woodward, Non-Executive Chair of Vistry, said.
Daniels, meanwhile, added: "I have been privileged to lead many parts of the organisation, and I am now honoured to be appointed CEO. I see first-hand the pride and passion that our people bring in delivering the high quality, mixed-tenure homes this country so badly needs".
