HOUSING firm Keepmoat has appointed a new chief executive as the company looks to pick up performance after admitting it is set to report reduced profits for its last financial year.

David Sheridan has replaced outgoing chief executive Ian Sutcliffe after Keepmoat, which merged with Apollo earlier this year, today announced it had completed a refinancing of the company.

Keepmoat's results for the year to March 31, which will be filed shortly, are expected to show revenues of £1bn and a profit before exceptional......for the full story register now for free or login below...