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| Taylor Wimpey announces board changes Norman Askew, Chairman of the board of Taylor Wimpey plc has confirmed his intention to stand down from the board by the end of December 2010. Norman Askew was appointed chairman of Taylor Woodrow plc in July 2003 and was subsequently appointed as chairman of Taylor Wimpey plc, following the nil premium merger with George Wimpey Plc in July 2007. Since the merger, he has led the board through the post merger integration process, the sale of the Taylor Woodrow Construction business and also through the very challenging market conditions which faced the industry during 2008 and into 2009, culminating in the company's successful renegotiation of its financial covenants and the raising of £510m (net) of equity in June 2009, via its placing and open offer. The Nomination Committee has commenced a process to recruit a successor. write your comments about the article :: © 2009 Construction News :: home page |