Former Crest Nicholson chief executive Stephen Stone has joined the board of ilke Homes to help “push the pedal down on growth”
During his 13 years at Crest as chief executive and later chairman, Stephen Stone led the housebuilder’s 2013 IPO and made notable predictions about the future skills crisis we are now seeing as well as the need for the sector to modernise.
Stone has warned of the growing skills crisis with much of the labour force retiring declaring that housebuilders needed to make more use of modern methods of construction.
The former Crest boss wants to help councils, housing associations and pension funds investing in housing embrace more sustainable construction techniques.
Thanks to the improved thermal performance enabled by precision engineering in a factory environment, ilke Zero – the firm’s zero carbon offering – outperforms those built traditionally by 100%.
Offsite manufacturing also reduces disruption to local communities and creates 90% less waste during the build process.
‘Helping push the pedal down on growth’
Dave Sheridan, executive chairman at ilke Homes, said: “Stephen brings years of valuable experience and will play a key role in helping push the pedal down on growth, supporting new partnerships with major institutional partners, such as our recent deal with Man Group.”
Stephen Stone, board member at ilke Homes, added: “I have been hugely impressed by the team’s dedication to creating a genuinely positive impact and to building a business that has tremendous growth potential.
“Precision-engineering techniques – coupled with a factory-controlled environment – mean the company can deliver zero-carbon homes come rain or shine. This ultimately means more energy-efficient affordable homes for families to live in, with great quality and low running costs.”