Dean Banks, most recently of Ventia, will replace David Thomas as Group chief executive at Barratt Redrow at the end of the year
Dean Banks will join Barratt Redrow in the final quarter of 2026. He brings over 15 years of senior executive experience in global business at companies such as Ventia, Balfour Beatty and De Le Rue Ltd, and recently announced his intention to return to the UK after time spent in Australia.
Further information required under UK Listing Rule 6.4.8R in respect of Dean Banks will be disclosed in due course.
Dean Banks said:
“I am proud and privileged to be joining Barratt Redrow as chief executive. Barratt Redrow is an exceptional UK homebuilder, leading the industry in quality, service and sustainability, with a strong platform for the future underpinned by a clear strategy and outstanding people.
“I look forward to working with the Board and the wider team to build on this strong foundation and deliver long term value for customers, shareholders and communities.”
Caroline Silver, Group chair, said:
“The Board is delighted to appoint Dean Banks as chief executive of Barratt Redrow. He brings strong experience as a public company chief executive, with deep knowledge of the construction and infrastructure sectors and a proven track record of value creation. We are confident that Dean’s focus on disciplined execution, operational excellence and strong relationships with customers and stakeholders will help Barratt Redrow build on its strengths over the long term.
“I would also like to thank David Thomas for his outstanding leadership and dedication to Barratt Redrow over many years. He will leave behind an industry-leading business with a clear strategy, a strong balance sheet and an exceptional team. On behalf of the Board, I want to express our sincere appreciation for his stewardship and significant contribution, and to wish David a very happy and well-earned retirement.”
Retiring Group chief executive David Thomas has been with the Barratt Redrow Group for 17 years and has served in the lead role for 11 years. He will remain with the Group up to March 2027 to ensure a smooth transition.
David Thomas, Group chief executive officer, said:
“It has been a privilege to serve as chief executive of Barratt Redrow, and I am incredibly proud of what we have achieved over the last eleven years. We have built a strong, disciplined and customer-focused business, delivering real value for shareholders, and creating thousands of high-quality sustainable homes and developments across the country.
“I want to thank my colleagues across the organisation for their hard work, commitment and support. I look forward to continuing our work together over the coming months before handing over to Dean and I wish him and everyone associated with Barratt Redrow every success for the future.”
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