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Brain tumour forces Stephen Knight to step down from Portillion

Stephen Knight, chief executive officer of Portillion, is to leave his role after being diagnosed with a brain tumour.

David Hill, former Portillion’s chief financial officer, has been appointed CEO.

Barry Searle remains as chief operating officer.

Senior management continue to be supported by the board, led by chairman Gerald Gregory.

Gregory says: “We wish Stephen the best, and would like to note his enormous contribution over the years and thank him for all his inspiration and hard work.

“We are fortunate in having a strong and experienced management team here at Portillion.  Hill has accepted the role of CEO and will be leading the management team into the next stage of our development.”

Knight revealed in January that Q1 2011 would be a make or break time for the would-be lender as it looked to secure £110m of funding.

Mortgage Strategy wishes him well.

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  • Paula Malone 2nd March 2011 at 9:25 am

    I was so shocked to hear this dreadful news. Mr.Knight was my chairman for quite a few years and he is such a loveable and intelligent man who is very down to earth. I would like to wish him well from Anna and myself – cobweb 🙂 x x x x

  • paul robinson 26th February 2011 at 7:40 pm

    i was very sorry to learn about stephen he is a legend in our industry.i wish him and his family all the very best and a speedy recovery.

  • Carol McFadden 25th February 2011 at 5:00 pm

    I consider myself very lucky to have worked with Stephen in the past. He’s been an inspirational force over many years and I have the greatest respect for his work and achievements.

    Wishing you all the very best, Stephen, for a speedy recovery.

  • Barry Meeks 25th February 2011 at 10:12 am

    A friend and business partner since 1986 and singularly one of the great innovators in the UK mortgage market.

    Get well soon Stephen. You’ll be missed.

  • Paul Marks 24th February 2011 at 11:39 am

    This is indeed terrible news and I concur with everyones kind comments. I am sending this open tribute to a very good and friendly colleague who I have known well since the early 80’s. I have always had the upmost respect for Stephen from my days at Chase de Vere and TMO. My warmest regards and best wishes Stephen to you and your whole family.

  • Maurice Edgington 24th February 2011 at 11:22 am

    I am sorry to hear this news and wish Stephen a very speedy recovery. I met Stephen way back in 19978 when he was at the New Cross Building Society and saw then that he had an exceptional future ahead of him, which has been the case. Good luck Stephen and my wishes for the best prognosis and future good health.

  • Mike Fitzgerald 24th February 2011 at 10:33 am

    I have known Stephen Knight for many years and the news of his illness come sas a great shock to us all
    Stephen has been a leading light in our industry and im sure that he will fight this illness and come back as strong as ever-good luck
    Mike Fitzgerald-The EMBA Group Ltd

  • Jon Robinson 24th February 2011 at 8:15 am

    Stephen is an inspirational dude and from what I know of him he is definitely a fighter so I can only see him well! positive thoughts only for him – get well very soon!!

  • Mehrdad Yousefi 23rd February 2011 at 10:48 pm

    I am shocked and very sorry to hear Stephen is not well.I concur with everyone else’s comments and wish him a rapid recovery with all the best to him and his family.
    Stephen has been a great friend to me and hundreds of people throughout the mortgage industry.
    His inspirational qualities,immense skills and experience will be sorely missed by the industry at a critical time as proposed regulatory changes at UK and EU will fundamentally change the mortgage landscape by 2014/2015.

    I wish him all the very best for the future.

  • Dev Malle 23rd February 2011 at 9:34 pm

    A tremendous inspiration to many, if anyone is going to show this “setback” who is boss, it is Stephen. Speedy recovery mate!

  • Lucian Camp 23rd February 2011 at 7:12 pm

    Get well quickly Stephen, you wouldn’t want to miss that Champions League final…

  • Michael Clapper 23rd February 2011 at 4:57 pm

    I am sorry to hear Stephen is unwell. He has been an inspiration to me and to many others. I wish him well, soon.

  • John Murray, Lending Zone 23rd February 2011 at 4:10 pm

    I’ve known Stephen since the early 1980s and he is that rarecombination of being a great businessman and innovator and a great person to know. I wish him well

  • Nigel Stockton 23rd February 2011 at 3:59 pm

    Couldnt agree more with Geoff and Gary. a friend and mentor – GOOD LUCK STEPHEN. All the very best Nigel

  • Victor Jannels - AToM 23rd February 2011 at 3:59 pm

    I am certain that everyone who has been fortunate enough to know Stephen in his many years as a leading light in the mortgage industry will want to wish him well and for a speedy recovery.

  • Gary Bush www.MortgageShop.com 23rd February 2011 at 3:51 pm

    Oh god that’s terrible news, best wishes and speedy recovery from the team here, he is a fighter (that’s a Spurs fan for you).

  • Geoff Buckingham 23rd February 2011 at 3:41 pm

    I am so sorry to learn of this . Stephen Knight has been an icon of the mortgage industry for so many years, and a great innovator and a colourful personality. I am sure all of us mortgage intermediaries wish him well.