Jon Austen is to retire as chief financial officer at Audley Group at the end of the year, the luxury retirement villages provider has announced.

The company stated that a further announcement regarding his replacement will be made in the near future.

Austen will continue with his non-executive directorships at McKay Securities and Supermarket Income REIT.

Nick Sanderson, chief executive at Audley Group said: “Jon has been a tremendous asset to our business. He joined at a pivotal time for Audley Group and throughout his four years with us has worked tirelessly to accelerate our pathway for growth. On behalf of all at Audley, I would like to thank him for all his insight and drive that helped shape the business we now have today and wish him every success with the next chapter of his life.”

Austen added: “I joined Audley at a time when the business was gearing up for growth and already attracting interest and investment from those outside the retirement living sector. The business I leave today is poised for further success and I look forward to witnessing and experiencing its growth as an investor. Having worked in various financial roles for the last 43 years, I am looking forward to my retirement from full-time work and embracing new non-exec roles.”

Date published: October 7, 2020