Keepmoat appoints Steve Stone as non-exec chairman

Keepmoat Homes has appointed former Crest Nicholson ceo Stephen Stone as non-executive chairman.

Stone joined Crest in 1995 and spent 20 years on the group board, being appointed chairman in March 2018 after almost 13 years as chief executive, during which time he oversaw its successful IPO in 2013.

A qualified chartered architect, he has more than 30 years’ experience across the construction and housebuilding industry. He is a non-executive director of NHBC, the Home Builders Federation and Orbit Group.

The move sees him re-uniting with Keepmoat Homes chief executive Tim Beale who was with him at Crest. Beale said: “Stephen has a long and exemplary track record within the housebuilding sector, not least at Crest Nicholson where he played a key role in the transformation of the business, returning it to the public markets and generating substantial value for its shareholders during his tenure.

“His experience and knowledge will be a terrific asset for Keepmoat Homes as we continue to grow the business in line with our strategy and meet the UK’s ongoing need for affordable, high quality housing.”

Stone commented: “I’m pleased to be joining Keepmoat Homes on the back of an extremely strong performance …