Beal Homes appoints new man to the board

Beal
John Reed

John Reed has joined Beal Homes as a non-executive director after 27 years with Barratt Homes and David Wilson Homes.

Beal Chief Executive Richard Beal said: “John brings enormous knowledge, expertise and connections that will benefit the business as we enter our next phase of growth. We’re delivering progressively larger and more ambitious developments, so John joins us at an ideal time, when his experience will help to inform our strategic development going forward.”

Mr Reed has become one of four Non-Executive Directors of the East Yorkshire-based business, led by Non-Executive Chairman and Founder John Beal. The others are Wayne Bowser, a former North of England regional director for HSBC, and leading local solicitor and businessman Simon Lunt.

Mr Reed said: “I’m excited to have joined the Beal Board as I have been an admirer of the company, its values and its business model for many years.

“Beal Homes is acknowledged as a star performer in the industry and Yorkshire and Lincolnshire’s leading privately-owned housebuilder.

“The business is very well positioned for continuing growth and success and I’m looking forward to playing my part, working with the Executive team and my fellow Non-Executive Directors.”

A qualified accountant, Mr Reed joined Barratt in York as Finance Director in 1989 and was promoted to Managing Director of the Yorkshire East Division in 1999.

From 2006 to 2016 Mr Reed was Northern Regional Managing Director for Barratt and David Wilson, responsible for six divisions covering Yorkshire, North East England and all of Scotland.

The appointment comes as the award-winning housebuilder delivers a series of developments, with more major schemes in the pipeline. Current flagship developments include West Hill, Kirkella; Turpin’s Heath, Welton; St. John’s Fold, Beverley; and The Paddocks, Hessle; all in East Yorkshire; as well as a development in Hull’s Fruit Market urban village, which is being delivered with joint venture partner Wykeland Group.