Directorate Change

RNS Number : 3306C

British Land Co PLC

19 January 2018

 

Directorate Change

The British Land Company Plc announces that Simon Carter has been appointed as Chief Financial Officer. Simon is currently Chief Financial Officer at Logicor and prior to that was Finance Director at Quintain Estates & Development Plc. In both roles he contributed to the businesses during periods of considerable change and complexity. Prior to this Simon spent just over ten years at British Land in a variety of financial and strategic roles and was a member of the executive committee from 2012.

Simon succeeds Lucinda Bell who, as previously announced, intended to step down from the Board and leave the company on 4 April 2018. Having now successfully completed the search for a replacement CFO, we have agreed that Lucinda will now step down from her role as a main Board Director as well as her day-to-day responsibilities as CFO with immediate effect. A team has already been established to manage the transition to a new CFO. This is made up of the three Executive Directors and senior members of Group Finance including the Financial Controller and Head of Investor Relations. This transition team will assume responsibility for the year end process and ongoing Group finance functions, until Simon takes up his role. His start date will be announced in due course.

Chris Grigg, Chief Executive, said: "We are delighted to welcome Simon back to British Land. In his roles at Quintain and Logicor he has gained a very broad perspective and significant leadership experience and expertise.  During his previous time with the company, he was an incredibly capable and experienced member of our senior team, contributing to the company's development through a number of roles including treasury, corporate finance, and strategy."

There are no other disclosures to make pursuant to LR 9.6.13

Enquiries:
Investor Relations David Walker, British Land	020 7467 3418
Media Pip Wood, British Land	020 7467 2838

 

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