Directorate Change

RNS Number : 5765X

Quintain Estates & Development PLC

16 February 2012

 



 

16 February 2012

Quintain Estates & Development plc

("Quintain" / "Company" / "Group")

Directorate Change

Quintain Estates and Development plc announces that David Gavaghan has resigned from the Board by mutual agreement to pursue new opportunities.

He will leave the Company on 15 May and his duties as head of fund management will revert to Adrian Wyatt, supported by the executive directors and the specialist asset managers who work at the individual fund level.

William Rucker, Chairman of Quintain, commented:

"On behalf of the Board I would like to thank David for his contribution to the Company. He has played a key role in the delivery of 40% growth in assets under management and the disposal of two significant assets - Corsham Street and the student accommodation scheme at Wembley - in line with the Group's strategic objectives and operational milestones. We wish him every success in the future."

David Gavaghan commented:

"It has been an honour to work with the senior management of Quintain. I am proud to have led the outstanding Fund Management team in delivering substantial growth against a backdrop of challenging markets and I look forward to following their future success."

For further information, please contact:

FTI Consulting

Dido Laurimore / Toyah Simpson

Tel:    [phone]

 

END

 

 

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