Housebuilder creates COO position amid improved growth

Stewart Milne Group has appointed Stuart MacGregor as its new chief operating officer as the firm aims to add to its senior management team to continue its improved growth.

MacGregor, formerly group finance director, will work closely with chief executive Glenn Allison with responsibility for managing all aspects of the group’s activities.

He takes up the newly created post following a review of the overall group structure.

Commenting on his appointment, MacGregor said: “It has been hugely enjoyable and rewarding to work with Glenn and the team in the last three years. As a result of the decisions we’ve taken to invest in strong performing markets, the business is now well positioned for sustainable growth.

“I am excited about accepting wider responsibility within Stewart Milne Group and look forward to working with the entire team to drive the business forward.”

The independent housebuilder and timber systems manufacturer has increased turnover to around £300m over the past two years.

Commenting on MacGregor’s appointment, allison added: “Stuart has made a huge contribution to realising the group’s growth strategy and has played a critical role in delivering innovative funding partnerships with the UK Treasury and Homes England which have helped facilitate this success.

“His proven commercial skills, combined with his extensive financial knowledge and business experience, make him the obvious choice to support me in delivering our growth ambitions.”