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Devon housing association appoints new chief executive
Exeter’s largest housing association has appointed a new chief executive to replace its previous boss, who is stepping down after 34 years with the organisation.
Tom Woodman is joining Cornerstone, which owns more than 1,450 rented and shared ownership homes in Exeter, from LiveWest where he was executive director of strategy and performance.
He will succeed Rick Williams, who is retiring as one of the sector’s longest-serving chief executives having spent 26 years in post at Cornerstone and 34 years with the organisation.
Mr Woodman said: “I’m really pleased to be joining Cornerstone – it’s a great organisation that puts housing people first and focuses on quality homes and services.
“Rick will be a hard act to follow, and I’m looking forward to working with customers, the staff and the board to create the next phase in Cornerstone’s future.”
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Alongside Mr Woodman’s appointment, Joanne Martin, the recently appointed finance director, has been named as deputy chief executive.
Cornerstone is Exeter’s first housing association and was established in 1926.
Originally called Exeter Workmen’s Dwellings Company, it was initially launched by a group of philanthropists concerned with the unsanitary and overcrowded slum conditions in which Exeter’s poorest people were living.
It now manages schemes across East Devon.
Its chair Peter Heron said: “We are going through a period of significant change this year with three of our executive team leaving, boasting 90 years of service between them.
“It is a credit to the board and the current chief executive that the succession process has been so successful.”
