The chief financial officer of Foxtons is expected to resign this week - but is reported to be remaining with the company the role of finance director.
Insider Business is reporting that Gerard Nieslony will step down as a full director of the company this week - possibly today - after 17 years with the company, firstly as group financial controller and more recently as chief financial officer.
"His commitment throughout has been unstinting and he was highly instrumental in preparing the group for its flotation in 2013. On behalf of the board I would like to thank Gerard for his contribution to Foxtons and personally to record my pleasure that he will be remaining with us in his new role" says Foxtons chairman Garry Watts.
Meanwhile Plymouth estate agency Atwell Martin is setting up a Coastal and Rural division led by long-standing agent Scott Parry.
“Our recent success has led to more and more prospective sellers wishing to engage our services, and this has given us the opportunity to create a dedicated division which can meet the more specific needs of those people wishing to buy and sell property in the areas surrounding Plymouth" explains Andrew Bullivant, the agency's managing partner.