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21 May 2019 09:30
Hammerson plc (the "Company")
Board Change
21 May 2019
The Board of Hammerson plc announces that after eight years as Chief Financial Officer, Timon Drakesmith has tendered his resignation from the Company. Timon will continue to be a member of the Board until he leaves later in 2019, assisting with an orderly transition.
The Board will now begin the process to appoint a successor.
Timon joined Hammerson in May 2011 as Chief Financial Officer and in his role as MD of Premium Outlets he has been instrumental in expanding the Company's unique strategic exposure to this fast-growing sector.
David Tyler, Chair of the Board said:
"On behalf of the Board, I would like to thank Timon very much for his significant contribution to Hammerson. I have admired his hard work and commitment to both the business and its people. He will be leaving later in the year, with our best wishes for the future."
Timon Drakesmith added:
"I have very much enjoyed my eight years at Hammerson and there have been many highlights. I have decided that now is the right moment for me to leave and plan the next phase of my career. My experience here at Hammerson has been particularly enhanced by the many amazing people and I wish my colleagues every success and a great future for the business."
ENDS
Sarah Booth
General Counsel and Company Secretary
+44 (0) 20 7887 1000
The announcement above has also been released on the SENS system of the Johannesburg Stock Exchange.
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