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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Henry Boot promotes Stacey to COO amid organisational overhaul

(Sharecast News) - Property developer Henry Boot announced on Thursday that it had made "a number of promotions and organisational changes", in line with its ongoing commitment to further enhancing efficiency and driving improved operational performance. Henry Boot's Future Ways of Working programme, launched in March, follows the sale of Henry Boot Construction in September and was designed to simplify the group's structure while sharpening its focus on land, property development and premium homes.

As part of the reshuffle, Steven Stacey has been promoted to the newly created role of chief operating officer. Stacey, previously group finance director, will report directly to chief executive Tim Roberts.

At Stonebridge Homes, managing director Steve Errington has stepped down with immediate effect. Ed Hutchinson, currently managing director of HBD, will serve as interim MD, and Hamer Boot, director of investment and funding at HBD, will take day‑to‑day responsibility for leading HBD's strategic board.

Henry Boot's changes follow the earlier appointment of Iain MacSween as incoming managing director of Hallam Land from January 2026.

As of 0905 GMT, Henry Boot shares were up 0.44% at 226p.

Reporting by Iain Gilbert at Sharecast.com

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