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flag Barratt Redrow names Dean Banks as new CEO, replacing retiring David Thomas, as UK housebuilders face leadership changes amid market challenges.

flag Barratt Redrow has named Dean Banks as its new Group Chief Executive, succeeding David Thomas, who will retire after 17 years with the company, including 11 as CEO. flag Banks, currently CEO of Australian infrastructure firm Ventia, brings experience from his prior role as CEO of UK Construction Services at Balfour Beatty. flag The board praised both Thomas for his leadership and Banks for his operational expertise. flag Meanwhile, Vistry announced that CEO Greg Fitzgerald will retire in May after leading the company through a challenging market, marked by a 4% revenue drop and a 9% decline in homes delivered, though pre-tax profits rose 87% to £196.2 million. flag Both firms are undergoing leadership transitions amid ongoing industry uncertainty.

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