REG - Land Sec. Group PLC - Directorate Change

Land SecuritiesAnnouncement

21/03/2025 07:15

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RNS Number : 5462B  Land Securities Group PLC  21 March 2025

21 March 2025

 

Land Securities Group PLC ("Landsec")

 

Landsec notice of directorate changes

 

Land Securities Group PLC ("Landsec") is pleased to announce that following a
comprehensive selection process, it has appointed Michael Campbell and Anne
Richards as Independent Non-executive Directors. Michael will join the Board
and Audit Committee on 1 May 2025. Anne will join the Board and Audit
Committee on 1 September 2025.

Michael Campbell is a Senior Managing Director and Head of International Real
Estate at Pretium Partners, an alternative investment manager specialising in
residential real estate. Prior to Pretium, Michael spent almost nine years at
Mubadala Investment Company, where he launched and led the Firm's
international real estate investment activities. Earlier in his career, he
founded Phene Capital, served as Managing Director at UBS Wealth Management,
and as Principal at JP Morgan, acting in leadership roles across real estate
investment and advisory functions. He began his career as a real estate
consultant at Ernst & Young and Arthur Andersen. Michael earned a Bachelor
of Arts from Princeton University and an MBA from The Wharton School,
University of Pennsylvania.

Anne Richards was appointed Vice Chair of Fidelity International in March
2024, having previously served as their Chief Executive Officer since 2018.
She was previously Chief Executive Officer of M&G Investments and Global
Chief Investment Officer at Aberdeen Asset Management. Anne has worked in the
asset management industry since 1992, including over two decades as an
analyst, portfolio manager and CIO, across a number of global investment firms
including JP Morgan and Merrill Lynch Investment Managers. Anne's previous
non-executive positions include Director of Esure Group Plc. She is currently
Chair of TheCityUK and a member of the European Advisory Panel for Temasek.
Anne graduated from the University of Edinburgh in Electronics and Electrical
Engineering and has an MBA from INSEAD.

 

Landsec also confirms that Madeleine Cosgrave will retire from the Board and
Audit Committee at the AGM in July 2025. Madeleine, an established real estate
leader, joined the Board in January 2019 and the Board has benefitted from her
deep real estate expertise throughout her tenure of over six years.

Sir Ian Cheshire commented:

"I am very excited to welcome Michael and Anne to the Board as Non-executive
Directors. Michael brings significant experience in real estate investment,
including in his current role focussed on residential real estate. Anne is a
highly accomplished investment leader turned Chief Executive, with a wealth of
experience at a number of global investment firms. I am sure Michael and Anne
will bring extremely valuable real estate and investment expertise to our
future Board discussions, as Landsec works towards its recently announced 2030
vision.

 

The Board and Audit Committee have benefitted greatly from Madeleine's in
depth real estate experience, and the specialist knowledge she has brought to
our discussions has been invaluable. I would like to take this opportunity to
thank Madeleine for her commitment to Landsec throughout her time on the
Board, and to wish her all the very best for the future."

There are no other details that are required to be disclosed in respect of
Rule 9.6.13 of the Listing Rules.

 

Enquiries:

 Landsec

 Marina Thomas (Company Secretary)     +44 (0) 7770 433152

 Edward Thacker (Investor Relations)   +44 (0) 7887 825869

 Chris Hogwood (Corporate Affairs)     +44 (0) 7869 140323

 

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