Sir James Wates to step down as Wates chairman

Sir James Wates has said he will be stepping down as chairman of the privately-owned Wates Group this May.
He will be succeeded by his cousin Tim Wates, who is currently deputy chairman.
Sir James said: “I have enjoyed my 10 years as chairman enormously, and the time is now right to pass the baton over to my cousin Tim.“I look forward to continuing to serve on the board and being actively involved in the business, including representing Wates in external forums.”
Tim Wates said