Berkeley Group has announced its finance director Nick Simpkin has left the business after 12 years with the company.
In a statement today, the housebuilder said Mr Simpkin would step down from the board with immediate effect.
The company’s financial controller, Ben Marks, will work with group managing director Rob Perrins to manage Berkeley’s financial functions, until they recruit a new finance director.
No reason was given for Mr Simpkin’s departure.
He joined Berkeley in 2002 as the company’s finance manager.
In 2004 he became finance director for its subsidiary St James, before becoming Berkeley’s head of finance in 2007 and then group finance director.
Berkeley chairman Tony Pidgley said: “The board of Berkeley wishes Nick Simpkin all the best for the future.”
Earlier this month the housebuilder told the City it had made “good progress” in realising the value of its landbank this summer, in an interim management statement for the period from 1 May to 31 August.