Last checked at 25 Jun 2014 07:00
25 June 2014
Grainger plc
("Grainger", the "Group" or the "Company")
IAN COULL TO BE APPOINTED NON-EXECUTIVE DIRECTOR
Grainger plc, the UK's largest listed residential property owner and manager, today announces that Ian Coull will join the board as a non-executive director on 23 September 2014 and will be proposed as Chairman at the AGM in February 2015. Robin Broadhurst will retire as a director and as Chairman on that day.
Ian (64) has been Chairman of Galliford Try plc since 2011. He was Chief Executive of SEGRO plc from 2003 to 2011 and prior to this, a main board director of J Sainsbury plc. He has also been a non-executive director of Pendragon plc, a role he held from December 2010 to January 2013. He is currently a non-executive director of London Scottish International Ltd and of The Duchy of Lancaster and is also a Member of the Government's Property Advisory Panel.
This appointment is subject to normal FCA confirmations.
There are no further details that are required to be disclosed under Listing Rule 9.6.13R (2) to (6).
Robin Broadhurst, chairman of Grainger commented:
"Ian has enjoyed a distinguished career in the property sector embracing considerable real estate experience both within the UK and internationally. He is well known and liked within the industry and the board supports me in believing that his leadership style will be a great asset to Grainger and help take forward the company's strategy in the next stage of its growth."
For further information, please contact:
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Grainger plc
| FTI Consulting |
Andrew Cunningham / Kurt Mueller
| Stephanie Highett / Dido Laurimore / Nick Taylor |
Telephone: +44 (0) 20 7940 9500 | Telephone: +44 (0) 20 3727 1000 |