London-based housing association RHP has started a search for a new chief executive after announcing that its current long-standing boss is stepping down.
London-based housing association RHP has started a search for a new chief executive after announcing that its current long-standing boss is stepping down #UKhousing
The 11,000-home landlord, which operates homes across London, said that chief executive David Done will leave at the end of March next year.
Mr Done has led RHP since 2000, when he was responsible for establishing the group after a large-scale voluntary transfer from the London Borough of Richmond-upon-Thames.
Mr Done’s exit will be the second major change at the top for RHP in recent times after it appointed Simon Devonshire as its new chair last summer.
Mr Devonshire said that Mr Done had been an “exceptional chief executive and will be greatly missed by colleagues and the group’s board alike”.
In its announcement to the markets yesterday on the change, RHP said it was starting the search for a new chief executive to take over from Mr Done “before he leaves”.
In its last reported full year to March 2021, RHP saw its group surplus nearly triple to £11.5m as turnover rose to £64.3m. It currently has the highest rating of G1/V1 with the English regulator.
The group plans to build around 1,500 homes over the next 10 years.