British Land Co PLC announced that, after over five years as Chief Executive Officer ("CEO") and 18 years at the company, Simon Carter has informed the Board of his intention to step down as CEO and from the British Land Board. He will be leaving British Land to become CEO of P3 Logistics Parks ("P3"), the GIC-owned investor, manager, and developer of logistics properties in Europe. Simon initially joined British Land in 2004, working in several roles across Strategy, Corporate Finance and Treasury before leaving in 2015 to become Chief Financial Officer ("CFO") at Quintain Estates & Development and, later, Logicor.
He returned to British Land as CFO in 2018 and was appointed CEO in 2020. Simon Carter has a 12-month notice period. The Board of British Land will run a full process to appoint a successor, at which point a further announcement will be made.
