Galliford Try has hired Taylor Wimpey’s Peter Truscott as its new chief executive.
Mr Truscott, who will take up his new role in October, was previously divisional chairman for the South at the housebuilder.
He will replace current CEO Greg Fitzgerald, who announced last September that he was to stand down after 33 years with the company.
Mr Fitzgerald will become non-executive chairman of the firm next year.
The appointment of Mr Truscott was one of a raft of senior personnel changes announced by Galliford Try this morning.
Construction CEO Ken Gillespie has been promoted to group chief operating officer, while continuing in his role with the construction arm.
Peter Ventress, currently CEO of textile business Berendsen, has been named as deputy chairman and senior independent non-executive director.
Gavin Stark, CEO of building materials firm Grafton Group, has also been appointed non-executive director, while Peter Rogers will retire from the board.
Galliford Try chair of the nomination committee Terry Miller said: “I am pleased that Peter Truscott has agreed to join Galliford Try as chief executive.
“Peter brings great knowledge and experience of our industry and the board has every confidence in his ability to continue the strategy for disciplined growth that has already started delivering for shareholders.
“With the appointment of Peter Ventress and Gavin Slark, the board brings together a good blend of fresh experience and ideas to complement an existing team who have worked together to develop the successful growth strategy.”
Mr Fitzgerald added: “The group has moved quickly to secure Peter Truscott as the new chief executive while further strengthening the board with the appointments of Peter Ventress and Gavin Slark.
“I am very grateful to Peter Rogers for his significant contribution to Galliford Try over the last seven years.
“We have an excellent executive team and a strong board with a broad range of experience and skills.
“I am confident the group will move forward to build on our achievements to date and deliver our strategy of disciplined growth.”