Greencore hires Telford’s Di-Stefano to drive expansion

Greencore Construction has hired Jon Di-Stefano as its new chief executive. His appointment comes as Greencore focuses more heavily on sustainable development, and Di-Stefano (pictured) will lead the company’s plans to construct more climate-positive homes. He will join the company in October. At Telford Homes Di-Stefano served as chief executive for more than a decade, and previously as finance director between 2002 and 2011. During his time with Telford Homes he oversaw a prolonged period of business growth and an increase in shareholder value. Di-Stefano said: “Greencore is breaking new ground in delivering low-carbon, low-energy housing, and the current energy crisis only serves to emphasise the need to build homes that use less energy and are fit for the 21st century.” Earlier this year, M&G’s Catalyst team, which is investing up to £5bn into innovative privately owned businesses working to create a more sustainable world, acquired a majority stake in Greencore. At the time, M&G announced its intention to invest up to £500m to build new sustainable private and social affordable rental housing developments in partnership with Greencore.  Greencore co-founder Ian Pritchett has moved into a new role as growth and innovation director. He will focus on business development, innovation and low-carbon technology. Pritchett added: “Jon’s appointment will enable Greencore to enter a new growth phase, achieving the scale required to have a transformational impact on sustainable housebuilding standards in this country. “The built environment is one of the biggest emitters of carbon, both in construction and occupation, but we have shown it doesn’t have to be this way.” To send feedback, e-mail akanksha.soni@eg.co.uk or tweet @EGPropertyNews Discover who have been the top individual dealmakers in each region and sector so far this year >> Photo courtesy of FTI Consulting