(Alliance News) - British Land Co PLC on Monday said it appointed Marston's PLC Chair William Rucker as chair designate, with Rucker leaving the Marston's board as a result.
The announcement by the London-based commercial property developer and investor confirmed a report by Sky News on Sunday.
Rucker will replace Tim Score at the conclusion of the property investor's annual general meeting on July 9.
Rucker previously was chair of housebuilder Crest Nicholson Holdings PLC, investment bank Lazard UK, and Quintain Estates & Development PLC. Rucker also was a non-executive director of pest control and hygiene firm Rentokil Initial PLC.
Since January 2023, Rucker has been chair of asset manager Intermediate Capital Group PLC.
Rucker will leave the board of pub operator Marston's on July 8, "in view of his other increased business commitment", Marston's confirmed on Monday. Senior Independent Director Octavia Morley will lead the search for Rucker's successor.
British Land shares were 0.3% higher at 368.84 pence each on Monday morning in London, while Marston's shares were up 2.0% to 30.44p each.
By Tom Budszus, Alliance News slot editor
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British Land (BLND)
Marstons (MARS)
Rentokil Initial (RTO)
Crest Nicholson (CRST)