Vistry slims down to three operating divisions

Partnership housing specialist Vistry has slimmed down its operational structure from six to three divisions after reporting a £165m hit last year when it unearthed under-estimated build costs at its southern division.
The new operational structure is designed to reduce reporting lines and allow CEO Greg Fitzgerald to get closer to the business.
Each of the new three larger divisions is being led by newly-promoted executive chairs reporting directly to Fitzgerald.The new executive cha