Retirement housebuilder poaches boss of developer Mount Anvil

Clive Fenton

Retirement housebuilder McCarthy & Stone has poached the chief executive of growing developer Mount Anvil to be its new chief executive.

Clive Fenton will replace Mark Elliott, McCarthy & Stone鈥檚 current chief executive, and will join the business on 17 February.

Fenton was a board member and southern region executive director for Barratt before leaving in 2012. He joined South-east housebuilder Mount Anvil in January last year.

His appointment at McCarthy & Stone follows the appointment of former Persimmon chair John White as chairman late last year, and the completion of a 拢367m re-financing in August 2013.

John White said: 鈥淐live has both extensive knowledge of all aspects of the house-building industry and a successful track record.  His appointment is key to our growth strategy which seeks to fulfill the opportunity presented by a burgeoning market for retirement apartments.鈥�

Clive Fenton said:  鈥淚 have witnessed McCarthy & Stone becoming one of the UK鈥檚 leading house-builders and their adept specialisation in age-defined developments.  We have a solid platform to quickly grow the business further.鈥�

He added that his job at Mount Anvil was 鈥渃omplete鈥�, with the announcement of a new funding partner due imminently. Mount Anvil has recently seen stellar growth, with pre-tax profit rising five-fold in its most recent results for calendar year 2012.

Current chair Killian Hurley will take over as chief executive of Mount Anvil from 1 February.

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