Controversial former Persimmon chief executive Jeff Fairburn is not in the running to be installed as the new Taylor Wimpey chief executive following the resignation of Pete Redfern last week, Housing Today understands.

There has been speculation in recent days that Fairburn is being lined up for the role since it emerged Elliott Advisers was building a stake in Taylor Wimpey, given the activist investor also backed the shock takeover, spearheaded by Fairburn, of Avant Homes by Berkeley deVeer earlier this year.

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