The Scottish Mail on Sunday

CHIRPY Taylor Wimpey chief Pete Redfern presents his final results after 15 years in charge this week.

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Expect the announceme­nt of a modest share buyback and an update on the housing market.

He will hand over to Jennie Daly, the operations chief promoted this month in a riposte to activist investor Elliott Management, which wants to see housing veterans from outside the firm on the board.

Industry sources said Taylor Wimpey’s chair Irene Dorner would have to act in the next month to have a newlook board for April’s annual meeting, saying Stephen Stone would be a good fit as a nonexecuti­ve.

He ran FTSE250 builder Crest Nicholson for 13 years before retiring, and is now a serial non-exec in the industry.

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