Jolyon joined the board of the urban housing regeneration specialist in July 2010 and was appointed CEO on 1st July 2012.
Following discussions with Jolyon regarding his remuneration as well as succession planning, the board concluded that there wasn’t a mutually acceptable basis for Jolyon to continue as CEO.
- DFT roundtable: Aggressive business plans, development delays and managing expectations
- Labour report proposes development to be led by public bodies, not private developers
- Cogress appoints Nicole Bremner as independent director
The board has announced that James Thomson — who was formerly chief executive at Keepmoat Homes Ltd — will join the board as interim CEO with immediate effect.
The board is currently initiating a search process for a long-term replacement and has also re-affirmed that the group anticipates that it will deliver annual results in line with expectations.