Taylor Wimpey departure ‘nothing to do’ with hedge fund building stake, outgoing chief executive says

By Joey Gardiner2021-12-09T06:00:00

Pete Redfern wants to take a break from corporate life and go travelling with young family

Taylor Wimpey chief executive Peter Redfern said his departure from the business has nothing to do with reports that activist investor Elliott Advisers has bought a stake in the firm.

Speaking to Building’s sister title Housing Today, Redfern said he was stepping down from the business entirely for personal reasons, following a dialogue with the board over the past year about the timing of his departure.

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