Land Securities Group PLC Directorate Change (1571F)
July 11 2019 - 2:00AM
UK Regulatory
TIDMLAND
RNS Number : 1571F
Land Securities Group PLC
11 July 2019
Land Securities Group PLC
11 July 2019
Robert Noel, Chief Executive, announces intention to retire from
Landsec
Landsec announces that Robert Noel, Chief Executive, has
informed the Board of his intention to retire from Landsec during
2020. The Board will commence a formal search process to identify
and appoint his successor. Robert will continue in his role until
his successor is appointed and for an appropriate handover
period.
Robert Noel said: "I've been fortunate to lead talented and
dedicated teams as we've transformed the portfolio, culture and
financial strength of the business over the last decade. Next year
I will have spent ten years at Landsec, eight as Chief Executive.
With the business well positioned for the current market, a growing
pipeline and a clear strategy for the future, it's the right time
for me to move on."
Cressida Hogg, Chairman, said: "On behalf of the Board, I would
like to thank Rob for the energy and commitment with which he has
led the company through a period of change and growth, transforming
the portfolio and strengthening the balance sheet. Under his
leadership Landsec has developed iconic buildings, especially in
Victoria, in the City and at Westgate in Oxford. We respect his
decision to retire after nearly eight years as Chief Executive and
look forward to continuing to work with him until a successor is in
place."
Ends
This announcement contains inside information.
About Landsec
At Landsec, we believe great places are for people to experience
and are made with the experience of great people.
As one of the largest real estate companies in Europe, our
GBP13.8 billion portfolio spans 24 million sq ft of well-connected,
experience-led retail, leisure, workspace and residential hubs,
with a growing focus on London. From the iconic Piccadilly Lights
in the West End and the regeneration of London's Victoria, to the
creation of retail destinations at Westgate Oxford and Trinity
Leeds, we own and manage some of the most successful and memorable
real estate in the UK.
We aim to lead our industry in critical long-term issues - from
diversity and community employment, to carbon reduction and climate
resilience. We deliver value for our shareholders, great
experiences for our customers and positive change for our
communities. At Landsec, everything is experience.
Find out more at landsec.com
Please contact:
Press Investors
Molly Neal Ed Thacker
+44 (0)20 7024 5460 +44 (0)20 7024 5185
Molly.neal@landsec.com Edward.thacker@landsec.com
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END
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