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LAND - Land Securities News Story

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Last Trade - 27/05/20

Sector
Financials
Size
Large Cap
Market Cap £4.33bn
Enterprise Value £8.32bn
Revenue £741.0m
Position in Universe 161st / 1828

Land Sec. Group PLC - CEO change of start date

Fri 20th March, 2020 8:00am
RNS Number : 8911G
Land Securities Group PLC
20 March 2020
 

Land Securities Group PLC - Board change

20 March 2020

CEO appointment - change of start date

Land Securities Group PLC ("Landsec" or the "Company") is announcing that Mark Allan will now start as its Chief Executive Officer ("CEO") and a Director with effect from 14 April 2020 and not 1 May 2020 as previously announced on 4 February 2020.

The reason for the change is that Mr Allan's personal plans for his time between roles have been disrupted by COVID-19 and, as a consequence, he is able to bring forward his commencement date.  Mr Allan's appointment as CEO was announced on 22 November 2019, together with details of his remuneration. 

Robert Noel's intention to resign as CEO of Landsec was announced on 11 July 2019 and Mr Noel will step down as CEO and a Director of Landsec with effect from 31 March 2020.  He will remain available to the Company through to his termination date of 10 July 2020.  For the period from 1 April to 13 April 2020, Martin Greenslade will be acting CEO in addition to his role as Chief Financial Officer. 

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For further information, please contact:

 


Press

Bobby Leach

07770842226

bobby.leach@landsec.com

Investors

Ed Thacker
+44 (20) 7024 5185

edward.thacker@landsec.com

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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