Cala names industry veteran Tom Nicholson as new CEO

Nicholson steps in as chief government bringing greater than three a long time’ expertise with a few of huge home builders, together with senior government posts at Crest Nicholson and Linden Houses, as nicely a senior gross sales roles at Berkeley Houses and Supreme Houses earlier in his profession.

He spent the previous yr as a non-executive on the Cala board and succeeds Kevin Whitaker who steps down after eight years as chief government.

Whitaker’s departure marks the tip of a interval of sturdy development for Cala below private-equity possession and longstanding shareholder assist.

Nicholson now takes on the duty of shaping the following strategic cycle at a time when softer demand, cussed construct prices and planning friction proceed to weigh on the sector.

He mentioned: “Over the previous yr on the board, I’ve witnessed firsthand the distinctive expertise inside our staff.

“Following greater than a decade of sturdy development, I stay up for working alongside the Cala staff to execute our strategic imaginative and prescient and advance Cala’s standing as one of many UK’s main home builders.

“My priorities shall be to use my expertise to ship sustainable development, additional improve operational excellence, whereas sustaining our industry-leading method to high quality and repair.

“Whereas market situations are prone to stay difficult into 2026, I’m assured that, with the sturdy assist of our shareholders, Cala will proceed to additional strengthen its management place within the UK home constructing {industry}.”