Together has appointed former Leeds Building Society chief executive Richard Fearon as non-executive director, strengthening its board as lending and profits hit record highs.
Fearon (main picture, inset) brings more than 25 years’ experience in retail and mutual banking. He spent seven years as CEO of Leeds Building Society, leading a major technological and cultural transformation, having previously served as deputy CEO and chief commercial officer.
Earlier roles included senior positions at Lloyds Banking Group, spanning savings, mortgages and business development. He was also a main board member at UK Finance until the end of 2025, chairing both the audit and risk committee and the mortgage board.
RECORD LOAN BOOK
The appointment comes after Together reported a record £8.1bn loan book for the quarter to 31 December and profits of £59.3m.
Average monthly lending rose to £300.6m, up 6.1% year-on-year and 11.1% on the previous quarter, driven by demand across its personal and commercial finance lines.
Fearon, who joins on 1 March, says: “I am delighted to be joining Together at such an exciting time, as they continue their journey to become the UK’s finance partner of choice.
“Together has an exceptional track record, leading positions in attractive and growing markets and a purpose which strongly resonates with me. I look forward to contributing to their continued success.”
Chairman Mike McTighe adds: “We are delighted to welcome Richard as a valuable addition to the Group Board at Together. His deep sector expertise, wide committee experience and strong relationships will supplement the skills and experience of our Board as the Group enters the next stage of its growth story.”
