David Wilson, chairman of Wilson Bowden, the takeover targeted housebuilder, will remain chairman for a year longer than expected.
Under its rules of association, Wilson is required to retire at 65, which he will be next week.
References: Financial Times 02/12/06 page 16, Daily Telegraph 02/12/06 page 29, The Times Business 02/12/06 page 62, The Independent 02/12/06 page 53