Shares in Cairn Homes fall on finance boss Kenny resignation ‘blow’

Shares in Cairn Homes fell 1.5% over the news “blow” that its group finance director Tim Kenny is to leave the housebuilder.

Mr Kenny plans to leave in January for a new job after making “a significant contribution to the evolution of Cairn”, chairman John Reynolds said. Chief executive Michael Stanley it was “focussed on building on the success achieved by Cairn to date and on securing a strong successor to Tim”.