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Henry Boot (BOOT): CEO succession

This situation live

BOOT Henry Boot

£202m · 145.0p · −14% since the first step
190.0p 139.5p Now 145.0p · 23 Oct −4% −12% +2% Apr ’26MayJunJulAugSepOct
8 May 2026 · Successor named; handover timing to be announced · −4% until the next step A further update confirming the timing of these changes will be made in due course.
New CEO / reset
CEO succession
Hutchinson CEO; review under way
Next: Refreshed strategy and new medium-term targets at full-year results
Every step · 3
  1. 8 May 2026 Successor named; handover timing to be announced – A further update confirming the timing of these changes will be made in due course. ↗
  2. 21 May 2026 Successor named; HBD MD now filled – Reporting directly to Tim Roberts, and representing HBD at ExCo and Investment Committee, Hamer will now become a permanent member of both committees. ↗
  3. 22 Sep 2026 Hutchinson CEO; review under way – I intend to share my thoughts and set out an evolved strategy, including new medium-term financial targets, no later than our full year results in early 2027. ↗

What is happening

Henry Boot: CEO succession – Hutchinson CEO; review under way. ['Hutchinson CEO; review under way']

In short
Tim Roberts' departure and Ed Hutchinson's succession were announced on 8 May 2026. Hutchinson is now CEO and is reviewing the group. Medium-term guidance is not reaffirmed. Priorities are unlocking value, cutting borrowings and efficiency, with a refreshed strategy due by early 2027.
Announced
8 May 2026 · Successor named; handover timing to be announced
Latest
22 Sep 2026 · Hutchinson CEO; review under way
Timing
No later than full-year results in early 2027
Handover
Tim will work alongside Ed to provide a comprehensive handover
HBD MD
Hamer Boot appointed permanent HBD MD on 21 May 2026; joined HBD in 2013 from CBRE
Prior HBD role
Executive Director - Investment and Funding for six years; led HBD's Strategic Board from December 2025
New CEO
Ed Hutchinson, took over leadership in summer 2026
Review
Comprehensive review under way; evolved strategy and new medium-term targets
Priorities
Unlock value, reduce borrowings, improve operational efficiency
Medium-term guidance
Not reaffirmed while review is ongoing

What comes next

Refreshed strategy and new medium-term targets at full-year results.

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Also at Henry Boot 2 open
Disposal of a part (break-up)2026 earnings reset – H1 loss; FY in line with £9.7m consensus Insider conviction2 directors buying – £35k in 2 buys Henry Boot – company page →

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