Housebuilder Crest Nicholson has announced the surprise departure of its board-level chief operating officer Tom Nicholson, stating the move was part of its long-term strategy to transform the business.

Nicholson had been brought into the business in 2019 from Linden Homes – then the housebuilding arm of Galliford Try – in order to help Crest execute its turnaround strategy.

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