Board Appointment

RNS Number : 1934G

Grainger PLC

14 November 2022

 

14 November 2022

Grainger plc

("Grainger" or the "Company")

Board appointment

Grainger plc, the UK's largest listed residential property company, announces today that Michael Brodtman will join the Board as a non-executive director on 1 January 2023.

In his most recent role, Michael was Chairman of the UK advisory arm of CBRE, having spent a 40-year career at the agency. Michael led its valuation and operational real estate departments, growing specialist teams in emerging sectors and internationally. He moved into the role of chairman in January 2020 and retired on 30 June 2022.

Michael has also held a non-executive director position at Places for People, the housing association, from 2016 to 2019, and is currently a Fellow of the Royal Institution of Chartered Surveyors and a Trustee of Jewish Care, the health and social welfare charity serving London's Jewish community.

Mark Clare, non-executive Chairman of Grainger commented:

"We are delighted to welcome Michael to the Board of Grainger.  Michael is a well-known senior figure in the UK real estate sector, having had a lengthy and successful career at CBRE, holding various senior leadership positions, most recently as Chairman of CBRE's UK advisory arm. Michael brings extensive experience in real estate investment to Grainger's board."

Michael Brodtman commented:

"I am delighted to join Grainger's board at this exciting time in the Company's strategic growth trajectory, as the Company's further cements its position as market leader in the UK build-to-rent sector at this important time for the provision of homes across the UK."

There are no further details that are required to be disclosed under Listing Rule 9.6.13R (2) to (6).

For further information, please contact:

Grainger plc

Helen Gordon/Kurt Mueller/Adam McGhin

Telephone: [phone]

Camarco

Ginny Pulbrook/Geoffrey Pelham Lane

Telephone: [phone]

 

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