SIG poaches McCarthy & Stone's CFO Nick Maddock

Construction supplier SIG poached Nick Maddock of housebuilder McCarthy & Stone to replace its outgoing chief financial officer.

Doug Robertson, who has been at FTSE 250 listed SIG for five years, is to retire from the company in the first quarter of 2017.

Chief executive Stuart Mitchell, said Robertson had made a “significant contribution to the strategic direction of the business and overseen major operational improvements”, in particular to the IT programme.

Maddock, a trained chartered accountant and tax advisor at Ernst & Young, has been with McCarthy & Stone since September 2011 and has previously worked at Centrica, British Gas, and ING Barings.