Taylor Wimpey plc has announced that Christopher Rickard has been appointed Group Finance Director and will join the Board as an Executive Director with immediate effect.

Chris will take over this position from Peter Johnson, who announced his intention to stand down from the Board in July 2008. Peter will stood down from the Board with effect from October 16 and will leave the Company on October 31.

Chris (aged 51) most recently held the position of Group Finance Director at Whatman Group plc, leaving the business when it was sold to GE Healthcare in April 2008. He has extensive experience of working in the capital intensive manufacturing and services industries, having previously held the position of Group Finance Director at VT Group plc, Weir Group plc and Meggitt plc.

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Chris qualified as an accountant, leaving PWC as an Audit Manager in 1986 to work in industry.

Norman Askew, Non-Executive Chairman of Taylor Wimpey plc, said: "I am delighted to welcome Chris to the Board. Chris has a wealth of experience and I am sure he will make a valuable contribution to Taylor Wimpey."

Pete Redfern, Group Chief Executive of Taylor Wimpey plc, added: "I'm extremely pleased that we have secured a Finance Director of Chris' calibre to join our executive team. As an experienced Finance Director with relevant industrial experience, Chris will add strongly to the operational effectiveness of the company and the overall development of our business."

(GK/JM)