Directorate Change

RNS Number : 7937G

SEGRO PLC

18 May 2011

 



18 May 2011

SEGRO appoints Justin Read as Group Finance Director

SEGRO plc is pleased to announce the appointment of Justin Read as Group Finance Director.  He joins SEGRO from Speedy Hire Plc, where he has been Group Finance Director since 2008. Justin will join SEGRO on 30 August 2011.  Until Justin's arrival, Andrew Pilsworth, SEGRO's Group Treasurer has taken on responsibility for the oversight of all group-wide financial matters, reporting to David Sleath.

Prior to Speedy Hire, Justin spent 13 years in a variety of roles at Hanson Plc including Deputy Finance Director, Managing Director of Hanson Continental Europe, Head of Corporate Development, Head of Risk Management and Group Treasurer.

He previously worked at Euro Disney SCA from 1991 to 1994 and Bankers Trust from 1983 to 1989.  He is a graduate of St Anne's College, Oxford, a fluent French speaker and gained his MBA from INSEAD in 1990.

David Sleath, SEGRO's Chief Executive, commented, "Justin will be a great addition to the SEGRO team and will bring an excellent blend of experience and intellect to the business.  He has a depth of experience gained from a variety of financial and management roles across a number of different types of business."

Nigel Rich, SEGRO's Chairman commented, "I am delighted to welcome Justin Read to the Board of SEGRO and I am sure he will make a strong contribution to the evolution of the Group in the years ahead."

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For further information please contact:

Alex Shorland-Ball	SEGRO	Tel:  [phone]
Liz Morley	Maitland	Tel:  [phone]

About SEGRO

SEGRO is Europe's leading provider of flexible business space.  The Group is a Real Estate Investment Trust (REIT), listed on the London Stock Exchange.  SEGRO's portfolio comprises £5.3 billion of predominantly industrial and warehouse assets concentrated in and around major business centres and transportation hubs such as ports, airports and motorway intersections.  The Group serves over 1,700 customers spread across many geographies and different industry sectors.  It has 5.6 million sq m of built space and a passing rent roll of £326 million (as at 31 December 2010).

 

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