Barratt Developments PLC Appointment Chief Financial Officer (8090I)

TIDMBDEV

RNS Number : 8090I

Barratt Developments PLC

22 June 2017

22 June 2017

Barratt Developments PLC

Appointment Chief Financial Officer

Barratt Developments PLC ("Barratt") is pleased to announce that Jessica White will join the Board of Barratt as an Executive Director and Chief Financial Officer, with immediate effect.

Jessica, currently Barratt's Group Financial Controller, has extensive experience in the housebuilding sector, having joined Wilson Bowden plc as a corporate accountant in 2005. Following the acquisition of Wilson Bowden by Barratt in 2007, Jessica was appointed to the role of Head of Financial Accounting at Barratt, and in 2010 was promoted to the position of Group Financial Controller. Jessica qualified as a chartered accountant with PwC in 2003.

John Allan, Chairman of Barratt, said: "Jessica has more than a decade of experience in the housebuilding industry, and has been integral to Barratt's financial and operational progress. We are delighted to appoint her as Chief Financial Officer and believe she has the skills, experience and track record to help drive the future success of the Company."

Jessica White said: "I am delighted to be appointed as Barratt's Chief Financial Officer. In my 12 years at the Company, I have seen first-hand Barratt's commitment both to the quality of its product and to its people. I look forward to working closely with David, Steven and the wider management team to reinforce Barratt's position as the country's leading housebuilder whilst driving further value creation through tangible initiatives such as operating margin improvement."

Pursuant to its obligations under the listing rules of the UK Listing Authority, Barratt notifies that Jessica White does not currently hold and has not held any directorships of any publicly quoted companies in the last five years. There is no further information which is required to be disclosed pursuant to paragraph LR 9.6.13R.

This announcement contains inside information.

For further information please contact:

Barratt Developments PLC

Analyst / investor enquiries

   Chloé Barnes, Investor Relations                                                 020 7299 4895 

Media enquiries

   Tim Collins, Head of Corporate Communications                           020 7299 4874 

Brunswick

   Jonathan Glass/Wendel Verbeek                                                 020 7404 5959 

www.barrattdevelopments.co.uk

Notes to editors:

Jessica joined the Group in 2007 as Head of Financial Accounting. She was promoted to Group Financial Controller in 2010 before being appointed Chief Financial Officer on 22 June 2017.

Prior to this, Jessica held various positions at Wilson Bowden plc (2005-2007) and PricewaterhouseCoopers LLP (2000-2005).

Jessica is a member of the Institute of Chartered Accountants of Scotland, and holds an MA from the University of Oxford.

This information is provided by RNS

The company news service from the London Stock Exchange

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June 22, 2017 02:00 ET (06:00 GMT)