The group managing director of Jeff Fairburn-backed housebuilder Avant Properties has left the enterprise after 9 months.
Alan Hopwood, who was appointed as a director final March, left the Chesterfield-based agency on 23 December, in line with a Corporations Home submitting.
Earlier than becoming a member of Avant, Hopwood spent practically 12 years at Persimmon, the FTSE-100 housebuilder led by Fairburn, till he stepped down following a media storm over his £75m bonus package in 2018.
An Avant spokesperson mentioned Hopwood had retired from the enterprise.
“He has left Avant Properties with a robust platform to realize our development plans,” the spokesperson added.
Hopwood was amongst plenty of former Persimmon executives to hitch Avant Properties.
Richard Stenhouse, who spent 20 years at Persimmon, joined Avant as its chief monetary officer final February, changing Giles Sharp. And Don Anderson, a former Bellway and Persimmon govt, joined as managing director for the North East final March.
Avant, which employs round 700 folks, operates in Scotland, the North East of England, Yorkshire and the Midlands.
Fairburn led a takeover of Avant with US hedge fund Elliott Investment Management in 2021 and was appointed Avant’s chair following the takeover.
Avant chief govt Mark Mitchell left the agency a yr in the past, having been promoted after the departure of former boss Colin Lewis. It’s at present unclear if Mitchell has been changed or what the complete make-up of Avant’s govt staff seems to be like. The Avant spokesperson mentioned he was unable to supply clarification.
In its final reported full-year to the top of April 2021, Avant Properties Group reported an underlying pre-tax revenue of £7.4m on income of £505.3m.
