September 25, 2018 Movers & Shakers

John Tonkiss confirmed as CEO at McCarthy & Stone

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McCarthy & Stone, a leading developer and manager of retirement communities has announced the appointment of John Tonkiss as Chief Executive Officer.

The appointment follows a formal search process to appoint a replacement CEO, which has been led by Paul Lester, Chairman of the Group and which considered both internal and external candidates for the role. John has been interim CEO of McCarthy & Stone since 1 September 2018, following Clive Fenton’s retirement on 31 August 2018. Prior to this, John was the Group’s Chief Operating Officer.

Commenting on the appointment, Paul Lester, Chairman, said:

“Following a full search and selection process, I am pleased to confirm that John will become CEO of McCarthy & Stone. John brings strong financial and operational expertise resulting from his four years at McCarthy & Stone where he was Chief Operating Officer and his ten years at Unite Students, where he held the same role.

“John has led the development of our strategic plan that will establish a strong financial platform for the business and which will be launched today. I look forward to working with John and the rest of the senior management team to deliver this new strategy and to creating more retirement communities that enrich the quality of life of our customers and their families.”

The Group is announcing the results of its strategic review and further details will be provided at today’s strategy event. The event will be hosted at 10.30am at Deutsche Bank’s offices, Winchester House, 75 London Wall, London EC2N 2DB. Management presentations will be webcast live on the Group’s website and the presentation materials will be published on the website afterwards.

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