Barratt’s CFO leaves role after 14 months

The Board of Barratt Developments plc has announced that chief financial officer (CFO), Neil Cooper, has left the company with immediate effect just over a year after he joined

Cooper joined Barratt just 14 months ago in 23 November 2015, but has now left by mutual consent. However, it has been reported that he has left after disagreements with other senior members.

Chief executive officer (CEO), David Thomas, who previously held the role of Barratt CFO for six years until July 2015, will stand in for Cooper until the role has been filled.

Thomas will be supported by Philip Schumacher, group financial controller and John Flynn, housebuilding financial controller.

The Board is launching a search for a new CFO and a further announcement will be made in due course.

Cooper was previously CFO at William Hill and has also been finance director at PwC and Bovis Homes and is CMA qualified.

Chairman John Allan said: ‘On behalf of the Board, I would like to thank Neil for his contribution during his time with us and we wish him well for the future.’

Neil Cooper, CFO, said: ‘I wish David and the team all the best for the future and would like to thank the Board for the opportunity to work with Barratt over the past year.’

Amy Austin |Reporter, Accountancy Daily [2016-2019]

Amy Austin was reporter, Accountancy Daily and Accountancy magazine, published by ...

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