Home Commercial News Modular house builder TopHat reveals departure Of Managing director

Modular house builder TopHat reveals departure Of Managing director

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Modular house builder TopHat reveals departure Of Managing director

Andrew Shepherd had held the position at the Goldman Sachs-backed builder since October 2020.

Andrew mentioned:  “After a roller-coaster near-four years in the world of modular house building I will be moving on to a new challenge.I wish my colleagues all the best moving forward and would like to express my personal gratitude for all their hard work and dedication.The team has achieved so much under some, lets be honest, challenging circumstances. ”Construction Journal.

His departure follows the announcement of a cost-cutting program by the Goldman Sachs-backed modular builder two months ago. The program included consultations for 70 redundancies. A spokesperson for TopHat remarked, “2023 was a challenging period for the housing sector at-large, where a tough inflationary climate coincided with supply chain disruption. And, as a newer industry, MMC has been hit harder still.”

A spokesperson for TopHat stated that Mr. Shepherd’s departure is linked to “personnel losses” occurring during a “period of restructuring.”

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