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McCarthy & Stone PLC (MCS.L)

MCS.L on London Stock Exchange

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Summary

Name Age Since Current Position

Paul Lester

68 2018 Group Non-Executive Independent Chairman of the Board

John Tonkiss

47 2019 Chief Executive Officer, Executive Director

Rowan Baker

2017 Chief Financial Officer, Executive Director

Mike Lloyd

40 2019 Chief Operating Officer, Director

Nigel Turner

2019 Chief Operating Officer, Director

Patrick Hole

2014 Group General Counsel, Company Secretary

Gill Barr

2019 Non-Executive Director

Arun Nagwaney

2018 Non-Executive Director

John Carter

2017 Independent Non-Executive Director

Geeta Nanda

2015 Independent Non-Executive Director

Frank Nelson

66 2013 Senior Independent Non-Executive Director

Michael Parsons

2013 Independent Non-Executive Director

Marina Calero

Investor Relations Director

Biographies

Name Description

Paul Lester

Mr. Paul J. Lester, CBE., is Group Non-Executive Independent Chairman of the Board of the Company. He is currently chairman of Essentra plc and Forterra plc and was formerly a director of Invensys plc. Paul is also the chairman of Knight Square Ltd. Previously, he was group managing director of Balfour Beatty plc before becoming chief executive of VT Group plc in 2002. Paul was also chairman of John Laing Infrastructure Fund until September 2017. Paul brings a wealth of experience in leading companies. Since his appointment, Paul has demonstrated strong and decisive leadership and he has been instrumental in working with the Executive Board in setting the Group’s new strategy.

John Tonkiss

Mr. John Tonkiss is Chief Executive Officer, Executive Director of the Company. Prior to joining McCarthy & Stone, John worked for ten years at the Unite Group, the UK’s largest provider of purpose-built student accommodation, becoming chief operating officer in 2008. While at Unite, John helped to introduce new models of investment and construction for student housing that transformed the sector, including pioneering a full Modern Methods of Construction approach, and he will be using this experience in the retirement communities sector. John was also the chief executive of Human Recognition Systems, the UK’s leading biometric solutions provider, between 2012 and 2014. John is responsible for executing the new transformation strategy that was announced in September 2018, having helped formulate it while he was Chief Operating Officer. The new strategy will establish a strong financial platform for the business and leverage the strategic opportunities in its services and product offering. The long-term vision is to create even deeper and longer relationships with our customers by transitioning the business away from being seen as a housebuilder to become the UK’s leading developer, owner and manager of retirement communities.

Rowan Baker

Ms. Rowan Baker serves as Chief Financial Officer, Executive Director of the Company. Before joining McCarthy & Stone, Rowan held various roles in industry and private practice, most notably at Barclays Bank plc and PricewaterhouseCoopers. Rowan is a Chartered Accountant and a Chartered Tax Adviser and has an M.A. from the University of Cambridge. Rowan played a lead role in the Group’s successful IPO in November 2015. Rowan has been working extensively with John on formulating the Group’s new strategy. She has a wealth of financial experience and technical expertise and a deep and comprehensive understanding of the business.

Mike Lloyd

Mr. Mike Lloyd is Chief Operating Officer, Director of the Company. Mike Lloyd will join as Chief Operating Officer in charge of the Group's customer-facing services. Mike was formerly Chief Executive Officer of The AA's regulated business and Chief Commercial Officer. At The AA, he led the consumer roadside assistance, business services, insurance broking and financial services P&Ls, as well as marketing and digital. Mike will be responsible for the Group's Management Services operations, as well as sales, marketing and resales, and will lead the drive to leverage the strategic opportunities for the Group. This includes increasing customer appeal by offering a broader choice of tenure options, as well as increased flexibility and affordable offerings.

Nigel Turner

Mr. Nigel A. Turner is Chief Operating Officer, Director of the Company. Nigel Turner will join as Chief Operating Officer in charge of the Group's building operations. Nigel was formerly Executive Director at Kier Group plc, an infrastructure, buildings, developments and housing company, where he led the property and development services division and had operational responsibility for a team of more than 7,000 people. Nigel will take forward the Group's activities to drive down build costs and execute the new strategy to achieve more standardised and efficient designs.

Patrick Hole

Mr. Patrick Hole serves as Group General Counsel, Company Secretary of the Company. He joined McCarthy & Stone in July 2014. Patrick is responsible for the legal and company secretarial functions of the Group. He is a qualified solicitor with more than 20 years’ post-qualification experience. Patrick was a partner in private practice for many years and also has a broad range of legal and company secretarial in-house experience.

Gill Barr

Ms. Gill Barr is Non-Executive Director of the Company. Gill has held senior strategy, marketing and business development positions at John Lewis & Partners, Kingfisher plc, MasterCard and KPMG, and was Group Marketing Director of The Co-operative Group between 2011 and 2014. She is currently a Non-Executive Director of PayPoint plc, N Brown Group plc, Wincanton plc and was previously a Non-Executive Director of Morgan Sindall plc. Gill also has considerable experience as a Remuneration Committee member and Chair. She is currently the Chair of N Brown Group plc and Wincanton plc's Remuneration Committee and sits on the same committee for PayPoint plc. She was also previously chair of Morgan Sindall plc's Remuneration Committee.

Arun Nagwaney

Mr. Arun Nagwaney serves as Non-Executive Director of the Company. Prior to joining Anchorage in 2012, Arun was an executive director and co-founding shareholder at Papierwerke Lenk AG and director and co-founding shareholder at Plastics Capital plc. Arun began his career at McKinsey & Company. Arun received a Ph.D. in Mechanical Engineering from Imperial College at the University of London and a B.A. from the University of Cambridge. Currently, he serves as a board director of some of Anchorage’s portfolio companies including PHS Group, Ideal Standard, IVG Immobilien, and Eir. Arun has a deep understanding of the business and brings additional strategic insight to the Board.

John Carter

Mr. John P. Carter serves as Independent Non-Executive Director of the Company with effect from 1 October 2017. He is currently the chief executive officer of Travis Perkins plc, a position he has held since January 2014. Having joined Travis Perkins in 1978, he was appointed to the Board in 2001. John has been the driving force behind the growth of the Travis Perkins Group, the No.1 supplier of building materials in the UK, and responsible for the growth of its UK and European business brands serving retail and B2B customers with international global sourcing operations. John has managed and integrated a number of key strategic acquisitions over the past 20 years, including Keyline in 1999, Wickes in 2005 and the BSS Group in 2010. John was previously a Trustee of the British Research Establishment for three years from 2013 to 2016. John’s commercial and sector related experience brings valuable insight to the Board, particularly in the areas of health and safety and equality and diversity which he champions across the Travis Perkins Group.

Geeta Nanda

Ms. Geeta Nanda, OBE serves as Independent Non-Executive Director of the Company. has more than 28 years’ experience in the property sector and over ten years as a chief executive officer. Having joined Thames Valley Housing Association Limited (‘TVH’) in 2008 she created the brand leading market rent company Fizzy Living in 2012 and in 2013 was awarded an OBE for her contributions to social housing. In 2017 she joined Metropolitan Housing Association as chief executive officer which then merged with TVH in 2018 to create a 57,000 home organisation delivering 1,500 new homes a year across all tenures. Geeta has 23 years’ experience in non-executive roles and has served on the boards of two housing organisations and national and local charities. Geeta has extensive management expertise and experience of strategy development. She has brought in institutional investment and bonds through the capital markets to fund the development of new products and tenures. She has led organisations through market fluctuations and through turnaround periods.

Frank Nelson

Mr. Frank Nelson is Senior Independent Non-Executive Director of the Company. He is a qualified accountant with over 30 years’ experience in the housebuilding, infrastructure and energy sectors. Frank was finance director of Galliford Try plc from 2000 until 2012 and was also responsible for its Private Finance Initiatives and Public Private Partnership activities. Frank was previously finance director of Try Group plc from 1987, leading the company through its flotation in 1989 and subsequent merger with Galliford. Frank is currently the senior independent director of HICL Infrastructure Company Limited, and Eurocell plc. Frank is also chairman of a private construction company and also acts as an adviser to certain private businesses. Frank has significant housebuilding and financial knowledge which makes him an effective member of the Board and a strong chairman for the Risk and Audit Committee. Frank is always prepared to challenge financial performance and to promote good risk management and financial practice.

Michael Parsons

Mr. Michael Parsons is Independent Non-Executive Director of the Company. He founded Barchester Healthcare 23 years ago, following a successful career in advertising. Barchester is one of the largest independent healthcare providers in the UK. Mike is chairman of Breezie and Oomph, vice chair of Care England, the care sector trade association, and a non-executive director of Connect Physiotherapy. Mike also chairs Albion Care Communities, who are developing the next generation of care homes, and is a director of Martha Flora, the Dutch dementia specialist. Mike’s extensive knowledge of the healthcare sector and his experience of sales and marketing through his previous advertising career are valuable skills in respect of the customer facing management services side of our business.

Marina Calero

Basic Compensation