Vistry Group stock falls on CEO change By Investing.com

Investing.com — shares fell 4.1% on Monday following the announcement that Adam Daniels has been appointed Chief Executive Officer and Executive Director with immediate effect.

Daniels, currently the Executive Chair of one of Vistry’s two largest operating divisions and a member of the Group’s Executive Leadership Team, succeeds Greg Fitzgerald who is stepping down as Executive Chair and CEO by mutual agreement. Rob Woodward will take up his role as Chair and Rowan Baker her role as Senior Independent Director.

The appointment follows a multi-year CEO succession and development process led by the Nomination Committee, supported by external advisers, which considered both internal and external candidates.

Daniels joined Countryside Partnerships in 2016 and has held various leadership roles with responsibility for large areas of the Vistry business. Prior to Countryside, he worked at Galliford Try Partnerships and Bloor Homes.

Daniels said the Group is currently focused on improving cash generation, driving Open Market sales and reducing inventory levels. These objectives remain a priority during 2026 to ensure the business is positioned to capture opportunities ahead.

Woodward said the Board is confident that Daniels’ collaborative approach will leverage Vistry’s partnerships capabilities and resources to deliver on the Group’s potential and create long-term value for stakeholders.

Fitzgerald will remain available to assist with transition arrangements. As the Company’s AGM Notice has already been issued, the resolution to re-elect Fitzgerald as a Director is now withdrawn.