Berkeley Group has announced the appointment of Richard Stearn as its new finance director.
Mr. Stearn will join the company from Quintain Estates and Development, where he currently works as finance director. He will replace the previous finance director Nick Simpkin, who left the company in September after 12 years with the housebuilder.
He previously worked for Berkeley as a financial controller between 2002 and 2011, before leaving to take up his position with Quintain.
Commenting on the appointment, Rob Perrins, managing director of Berkeley, said: “We are delighted that Richard has agreed to return to Berkeley as finance director and very much look forward to working with him in this role.”
Mr. Stearn has returned at a time of booming profits for Berkeley, with the group reporting an increase in profit of 40 per cent in its most recent annual results.