Miller Homes has appointed Stewart Lynes as its new chief executive, succeeding Chris Endsor, who will become executive chairman.
The changes will be effective from the end of March, with Lynes assuming responsibility for the overall management of the business.
He joined the Edinburgh-headquartered house builder 15 years ago and has held various senior positions during that time, including chief operating officer since 2019.
Endsor will now have responsibility for leadership of the board and will work closely with Lynes to develop and support the company’s strategy for future growth.
Endsor said: “Stewart is an exceptional leader, the unanimous choice of the board, and we have every confidence in him.
“I would also like to express my sincere gratitude to John White, who will step down as chairman from the end of March, for his support and commitment to Miller Homes over the last four years.”
Lynes added: “We have an exceptional team and our position as one of the country’s leading homebuilders means we are well placed to continue our strong performance trajectory.
“I look forward to leading the business and continuing our strategy of building high quality homes in our core regional markets and creating value for all of our stakeholders.”
In December, Apollo affiliates and existing management entered into a definitive agreement to acquire the company from Bridgepoint Group.
The transaction is subject to customary closing conditions and is expected to be completed in the first quarter.
Miller Homes currently builds approximately 4,000 homes a year across the UK, predominantly in Scotland, the North of England and the Midlands, with ambitions to grow to 6,000 units in the medium-term.
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