BREAKING NEWS

BREAKING NEWS

Persimmon names Dave Jenkinson permanent CEO

Persimmon names Dave Jenkinson permanent CEO
FILE PHOTO - A sign is displayed at a Persimmon construction site in Dartford, southern Britain August 21, 2015. REUTERS/Neil Hall/File Photo -
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Neil Hall(Reuters)
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(Reuters) - Britain's Persimmon Plc, which is under scrutiny from the government for its practices under the "Help to Buy" scheme, on Tuesday named interim Chief Executive Officer Dave Jenkinson to the role on a permanent basis.

The company, whose former CEO Jeff Fairburn stepped down last year amid backlash surrounding his bonus package, reported a 13 percent rise in full-year pretax profit to 1.09 billion pounds ($1.43 billion).

(Reporting by Tanishaa Nadkar in Bengaluru; Editing by Shounak Dasgupta)

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