Galliford Try’s house building managing director Ian Baker has stepped down from his role due to “sudden ill health”.
Mr Baker, aged 42, who headed up Linden Homes, has also left his role as a member of the group’s executive board. He will remain with the business until November 2013.
Chief executive Greg Fitzgerald said: “It is with great personal sadness that we report that Ian Baker has had to step down from the executive board in the most unfortunate circumstances.
“The board and I thank Ian for his contribution across his career with Galliford Try.”
The two current divisional house building managing directors will report directly to Mr Fitzgerald, who will oversee the housebuilding division while a successor for Mr Baker’s position is sought internally and externally.
Mr Fitzgerald added: “The board have put in place contingency arrangements to cover Ian’s absence and we will update the market regarding the appointment of a successor when possible.”
As group managing director, Mr Baker saw through the three-year target of doubling the size of its house building arm. The division was central to an 80 per cent profit boost in the last financial year.
He was appointed to the executive board in March 2007, after joining the group in 1995, initially with Midas Homes. He then became managing director for all the group’s housebuilding division in 2009.
The firm also confirmed that Graham Prothero will formally join the board as group finance director with effect from 1 February 2013.
Chairman Ian Coul said: “The board looks forward to welcoming Graham to Galliford Try early in the New Year, and benefitting from his considerable financial and industry expertise.
“We, as a board, also extend our best wishes for a swift recovery to Ian as well as our support to his family at this difficult time.”