Countrywide plc announced the appointment of Philip Bowcock as interim CEO with immediate effect. Mr. Bowcock was previously CEO of William Hill plc, overseeing a business with significant high street presence, leading it through a retail and digital transition. Mr. Bowcock will lead the discussions with major shareholders towards stabilising the Company's capital structure, and discussions with Alchemy Partners and Connells in relation to their proposals. Further, Paul Creffield, Group Managing Director, has indicated his intention to retire from the Company with effect from 24 November 2021. Mr. Creffield will retire as a director at the end of March 2021, following which he will remain available for the remainder of his notice period in order to support a smooth transition process. Mr. Bowcock will undertake those elements of his role which do not constitute senior management functions in relation to Countrywide Principal Services Limited with immediate effect. Mr. Bowcock's appointment is otherwise subject to approval by the Financial Conduct Authority, and this process is underway.