Land Securities : Robert Noel, Chief Executive, announces intention to retire from Landsec
July 11, 2019 at 02:28 am EDT
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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.'
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Land Securities Group plc published this content on 11 July 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 July 2019 06:27:02 UTC
Land Securities Group PLC is a United Kingdom-based real estate company, which is engaged in building and investing in buildings, spaces, and partnerships to create sustainable places, and connect communities. The Company operates through four segments: Central London, Major retail, Mixed-use urban and Subscale sectors. The Central London segment includes all assets geographically located within central London. Major retail destinations include all regional shopping centers and shops outside London and its outlets. The Mixed-use urban segment is engaged in capital investment. The Subscale sectors segment consists of leisure and hotel assets and retail parks. The Company has approximately 23.8 million square feet of retail, leisure, workspace, and residential hubs. Its properties include Goodmayes Retail Park, Chadwell Heath; White Rose Centre, Leeds; Hill House, London, Parrswood Leisure Park, Manchester; Novotel Sheffield Centre, Sheffield; Fountain Park, Edinburgh, and others.
LAND SECURITIES GROUP PLC 
