Rosie Toogood starts at contractor next week
The former boss of Legal & General鈥檚 modular homes business is joining Wates in a newly created role of chief supply chain and quality officer.
Rosie Toogood was brought in from Rolls Royce to run L&G鈥檚 offsite operation in 2017 but the business last year said it was pulling the plug on production at its timber-frame modular housing factory near Selby in North Yorkshire after making millions of pounds of losses.
She starts work at Wates next Monday and will sit on the group鈥檚 executive committee, reporting to chief executive Eoghan O鈥橪ionaird.
He said: 鈥淲e are committed to driving the highest standards of quality in everything we do. [Rosie鈥檚] experience will be invaluable as we continue to work across the whole company and with our supply chain to deliver the very best for our customers.鈥�
>>> See also: L&G Modular: the potential to transform housing delivery
L&G had promised to build 3,500 homes a year from its plant in Sherburn-in-Elmet but the firm made close to 拢300m in losses on the initiative.
Its last set of accounts show it posted a pre-tax loss of more than 拢120m in 2022, the company has said in its latest accounts, which came on top of previous combined 拢174m of losses in the seven years since it was founded.
Last May, L&G said it was closing the factory because it had 鈥渘ot been able to secure the necessary scale of pipeline鈥� to make the business a success and is currently winding down the operation.
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