(Alliance News) - Land Securities Group PLC on Monday said Chief Financial Officer Martin Greenslade intends to step down from the role in 2021, after 16 years in post.
Greenslade joined the FTSE 100 commercial property developer as CFO in 2005 and served as interim chief executive officer for two weeks in April after current CEO Mark Allan's start date was pushed back due to disruptions caused by the Covid-19 outbreak.
He will continue as CFO until his successor is appointed.
"Martin's experience through the global financial crisis and his subsequent work to put the Group on a firmer financial footing, at the same time as reshaping the business, has clearly been beneficial in the face of the current Covid threat. I have appreciated his counsel and advice since I joined in April and I speak on behalf of the board when I thank him for his commitment to Landsec as a Director over the past 15 years," Allan said.
Shares in Land Securities were trading 1.2% higher at 518.70 pence each on Wednesday morning in London.
By Ife Taiwo; ifetaiwo@alliancenews.com
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