John Parker to Retire as Chief Executive
John Parker will take planned retirement as Chief Executive of the Stroud & Swindon Building Society with effect from 31 December 2005. He will be succeeded by the Society’s current Finance Director, David Hill, who has worked for the Society since June 2000.
John Parker has been Chief Executive for the past 13 years and has been with Stroud & Swindon for 22 years having joined as Finance Director in April 1984. He has been a nationally elected member of the Building Societies Association Council since 1999 and for the past year has been Chairman of the BSA itself.
Commenting on his retirement he said, "It has been planned that I would retire sometime in 2005/6 and having completed my term in office as BSA Chairman, it seems to be a natural time for me to hand over the reins. I am proud of the way in which the Society has responded successfully to the burden of regulation and ever increasing competition. I will be leaving behind a strong and independent building society with a first class executive team and a committed management and staff. I am sure that Stroud & Swindon will continue to prosper for the benefit of its members.
As for the future, at this stage I have no firm plans other than to take some time to visit two of my daughters who live in South Africa and New Zealand."
Editors note:-
John Parker was born on 10 May 1949 and was educated at Pate’s Grammar School and St John’s College Cambridge. He is a Chartered Accountant having qualified with Thompson McLintock in the City. Prior to joining Stroud & Swindon, he also worked for merchant bankers Morgan Grenfell, the Chelsea Building Society and The Burmah Oil Company.
He is married with 3 daughters and lives in Sheepscombe, Stroud. He is Chairman of the Pates Foundation, a Governor of Pate’s Grammar School in Cheltenham and Chairman of the Stroud Feoffees charity. He was a member of the External Sector Panel of the Gloucestershire Development Agency, chaired the Stroud District Council Review of Affordable Housing and has extensive links with sports clubs and social activities within the Stroud Valleys.
Established in 1850 and with assets in excess of £2.3 billion, Stroud & Swindon is the 15th largest building society in the UK.
For more information please contact:-
David Greenleaf, Corporate Communications Manager – 01453 768244