McCarthy & Stone plc announced that Rowan Baker, Chief Financial Officer (CFO), has informed the Board of her intention to step down as CFO and as a Director of the Company to become CFO of Laing O'Rourke. The Board is confirmed that Martin Abell will join the business as CFO Designate on 26 May 2020, becoming CFO on 1 August 2020, following Rowan's departure. Martinmost recently held the position of CFO at Clinigen Group plc, and prior to that was the Finance Director (Europe and Rest of World division) for Hays plc.

Rowan will remain with the business to provide a smooth handover with Martin and the wider finance team. Her departure date will be 31 July 2020, following the Group's half year 2020 Results on 15 July 2020.