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Crest Nicholson boss steps down

John Callcutt will retire as chief executive of developer Crest Nicholson at the end of October.
Mr Callcutt, 58, has been in the post for 14 of his 31 years at the company but will take on the new role of deputy chairman focussing on urban regeneration.

Chief operating officer Stephen Stone will take over as chief executive.

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