Taylor Wimpey has appointed an internal candidate as its new chief executive, in a move likely to anger Elliott Advisors, the activist investor that was pressuring the housebuilder to appoint someone from outside the company.
The appointment of Jennie Daly marks a milestone in the male-dominated industry as Taylor Wimpey becomes the first UK housebuilder to appoint a female chief executive and only the third company in the FTSE 100 to have a female CEO and a female chair.