Together appoints mortgage veteran as new CEO

Together has appointed Richard Rowntree as its new CEO and executive director, effective from early 2025.

Richard joins from Paragon Bank, where he was managing director of the mortgages division. He brings over 30 years of experience in banking, having previously held senior roles with Bank of Ireland, RBS, Santander, Lloyds TSB and Halifax. Richard has also served as chair of the UK Finance Mortgages Product and Service Board.

Richard's appointment follows the resignation of CEO designate, Gerald Grimes. Grimes joined Together in 2020 to lead the business alongside founder and Group CEO, Henry Moser, before leaving in February 2024 to pursue another role.

Henry Moser, who is ultimate controlling shareholder of Together, has moved into the new role of executive vice chairman, and will continue an active role with the lender.

Mike McTighe, chairman of Together, commented: “We are delighted to welcome Richard as the new CEO of Together. He brings extensive experience in banking and will further strengthen our executive management team. Henry, our founder, is taking on the new role of executive vice chairman and I am confident he and Richard will form a great team to take the Group forward.”

Henry Moser added: “I am excited to announce Richard as my successor as CEO, as we celebrate our 50th anniversary. Together is a special business with a clear purpose and a unique culture and I look forward to working closely with Richard as we enter the next stage of our exciting growth story.”

Richard Rowntree said: “I am thrilled to join Together at this pivotal moment, as the Group celebrates 50 years of remarkable success. This is a business that has a market leading proposition, a clear focus on delivering positive outcomes for customers and is backed by an exceptional team of talented, experienced professionals. I am proud to have the opportunity to take Together to the next level and look forward to leading this continued success.”