House builder chairman to step down after 47 years on Board

Dermot Gleeson is to step down from the Board of MJ Gleeson on 31 December 2022, after 47 years on the Board of the Sheffield-based developer.

His time on the Board has included 28 years as chairman.

The Board has confirmed that James Thomson – CEO until 31 December 2022 and who had accepted an invitation to subsequently remain on the Board as a non-executive director – will succeed Dermot Gleeson as non-executive chairman with effect from 1 January 2023.

Fiona Goldsmith, senior independent director, said: “The Board would like to put on record its heartfelt thanks to Dermot for the enormous contribution to the business that he has made over many years and which have seen some of the most testing times experienced across the UK housebuilding sector. 

“It was his vision that saw the business transformed into the UK’s leading listed low-cost housebuilder and a business that can genuinely say that it changes people’s lives.

“We are pleased that James will succeed Dermot. He has a long and outstanding track record in the housebuilding sector and, of course, a deep knowledge of Gleeson. 

“This will provide much stability, both in these volatile times and as we welcome Graham Prothero as our new CEO at the beginning of next year.”

Dermot Gleeson added: “I will be leaving the business in good shape and in good hands. 

“I am extremely proud of what has been achieved by the wider Gleeson team throughout my time as chairman and I look forward to watching with interest and excitement the continued growth of the business as it continues to play a leading role in meeting the enormous demand from first-time buyers for an affordable home.”

Gleeson was previously employed in the political arena and held senior posts within the Conservative Party Research Department, the European Commission and Midland Bank International Limited.

He was previously trustee of the British Broadcasting Corporation, chairman of the Major Contractors Group, Board member of the Housing Corporation, director of the Construction Industry Training Board and trustee of the Institute of Cancer Research.