By Richard Hook2018-05-17T12:50:00
Retirement housebuilder McCarthy & Stone has appointed a managing director of its largest shareholder, Arun Nagwaney, as a non-executive director.
Nagwaney, who is a managing director and global head of portfolio at investment firm Anchorage Capital Europe, will join the board with immediate effect and become a member of the nomination committee. Funds managed and advised by Anchorage are currently the largest investor in McCarthy & Stone with an aggregate direct and indirect shareholding of 27.88%.
You must be logged in to continue
Register for free to finish this article.
Sign up now for the following benefits:
To access this article REGISTER NOW
Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.