Directorate Change

RNS Number : 6642A

Capital & Regional plc

01 October 2020

 

1 October 2020

CAPITAL & REGIONAL PLC ("Capital & Regional" or "the Company")

UK company number 01399411

LSE share code: CAL 

ISIN: GB00BL6XZ716

LEI: 21380097W74N9OYF5Z25

NON-EXECUTIVE DIRECTOR APPOINTMENT

Capital & Regional plc, the UK focused retail property REIT, is pleased to announce the appointment of Katie Wadey as a Non-Executive Director, to take effect from 20 October 2020. As part of the new role, Katie will join the Audit, Remuneration and Responsible Business Committees.

Katie has over 20 years of multi industry experience across a range of customer engagement and commercial functions. She has held senior roles at blue chip consumer facing organisations including BT, LV=, Tesco, British Gas and Barclays Bank. In her current role as the Group Customer Director of FTSE 100 insurer Aviva Plc, Katie is responsible for customer experience and satisfaction across the Aviva Group.

Katie is a trustee of two community-based charities: Onside Youth Zones, a charity which provides young people in deprived areas with somewhere to go, something to do and someone to talk to in their leisure time; and Transform Housing and Support, a local charity offering high-quality housing, support and home care to vulnerable people including ex-offenders, asylum seekers and abuse victims.

Commenting on the appointment, David Hunter, Chairman of Capital & Regional, said : "Katie has had an interesting career across a variety of consumer facing industries and has continually exhibited a genuine interest in how businesses in highly competitive environments can better serve and engage with their customers, with measurable results. Katie understands the needs and wants of the community, which is central to our strategy, and we look forward to leveraging her deep and broad expertise as we continue to navigate the changing retail landscape which has seen structural shifts accelerated as a result of the COVID-19 pandemic."

Commenting on her appointment, Katie Wadey added: "I am delighted to join such a capable board.  It is a very interesting time for the retail sector and I believe that the Company's clearly identified community shopping centre strategy is the right one to both help it through this particularly challenging period and to deliver value in the future."

No further information is required to be disclosed pursuant to LR 9.6.13 R.

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For further information:

Capital & Regional plc  020 7932 8000

Lawrence Hutchings

Stuart Wetherly

FTI Consulting  020 3727 1000

Richard Sunderland 

Claire Turvey

Methuselah Tanyanyiwa

[e-mail]

About Capital & Regional plc:

Capital & Regional is a UK focused retail property REIT specialising in shopping centres that dominate their catchment, serving the non-discretionary and value orientated needs of the local communities. It has a strong track record of delivering value enhancing retail and leisure asset management opportunities across its portfolio of in-town shopping centres. 

Capital & Regional owns seven shopping centres in Blackburn, Hemel Hempstead, Ilford, Luton, Maidstone, Walthamstow and Wood Green.  Capital & Regional manages these assets through its in-house expert property and asset management platform.

Capital & Regional is listed on the main market of the London Stock Exchange (LSE) and has a secondary listing on the Johannesburg Stock Exchange (JSE)

For further information see capreg.com/

 

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