TIDM14MD

RNS Number : 3334V

Stonewater Funding PLC

13 April 2021

Stonewater Funding plc

13 April 2021

Stonewater today announces that John Bruton, the Executive Director of Finance, will leave the organisation in December 2021.

After more than two decades at both Stonewater and Raglan, Mr Bruton will be stepping down by the end of the year and will remain active in the business until then.

As part of its executive succession plan Stonewater is now commencing an open market recruitment for a new Executive Director of Finance.

Nicholas Harris, Stonewater CEO commented

After 21 very successful years in the business, John has decided that the time is right for a change.

I am very grateful to John for his astute financial leadership, which has been key to Stonewater's significant growth, enabling us to create thousands of new homes for those who need them most. John has provided excellent support to me, to the wider Executive team and to the Board, and he leaves the organisation in a strong financial position. We're now starting the search for his successor who John will work with for a period, to ensure a smooth transition and handover. We wish John every success in his future plans.

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April 13, 2021 08:30 ET (12:30 GMT)

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