National Express boss leaves for new role with Persimmon

 

 
National Express Group has announced that chief executive Dean Finch has tendered his resignation in order to take up a new role as CEO of house builder Persimmon.

Finch, who has been with NEG for a decade, will leave the group towards the end of the year or when a successor is appointed, in order to complete a smooth handover.

A further announcement will be made once a leaving date has been agreed. The group has commenced a search for his replacement and says it will consider both internal and external candidates.

Sir John Armitt, NEG’s chairman, said: “We would like to thank Dean for his enormous contribution to National Express. During his time as chief executive he has transformed the business into a leading international transport group, with significant growth potential in all our main markets and a strong and effective management team at all levels.

“Recently he has expertly guided us through the challenge of COVID-19. Dean has the best wishes of all of us at National Express for his next challenge. In the meantime, the board are pleased that Dean will remain with the business until later in the year or a successor is appointed, to aid a smooth handover.”

Finch joined NEG from Tubelines in 2010 after 12 months there as chief executive. Prior to that he had held a number of senior roles, including that of group chief operating officer, with FirstGroup.

Commenting on his resignation, Finch said: “It has been a great privilege to be Chief Executive of National Express. I have developed a great affection for the company and my outstanding colleagues there.

“I believe I will leave National Express in both a strong position to continue to weather the effects of COVID-19 and well-placed to secure significant growth opportunities once we emerge from this crisis. I have learned a lot from the many immensely skilled colleagues in the business and believe they are a very effective team who will continue to grasp these opportunities and maintain National Express’ leadership position.”

 
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