Keepmoat’s senior appointments

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Social housing developer Keepmoat has announced two senior appointments, shortly after the firm broke the £1bn turnover barrier.

Mark Cutler will join the executive team as managing director of Doncaster-based Keepmoat’s regeneration division. He was recently managing director of Balfour Beatty’s regional business.

James Thomson, who is currently the company’s chief financial officer, will also assume the role of deputy chief executive officer.

Dave Sheridan, the group chief executive, said Mr Cutler had proven expertise in the regeneration field.

Mr Sheridan added: “James, in his role as chief financial officer, has a very good understanding of both the operations and the finance of the business.”

In September last year, Keepmoat was sold to private equity giants Sun Capital and former Pizza Express owner TDR Capital for around £400m.

The firm was sold by Lloyds Banking Group, which had become a shareholder in 2012.