Bellway p.l.c. Taps Balfour Beatty CFO as UK Housebuilder Cost Pressure Mounts
Bellway appointed Philip Harrison, Balfour Beatty’s finance chief, as independent non-executive director and future audit committee chair, effective July 1. The move follows warnings from Persimmon and Taylor Wimpey this week about rising energy-driven build costs. Ian McHoul will retire from Bellway’s board in November. Bellway’s next trading update is set for June 9.