Last checked at 26 Jul 2016 07:01
26 July 2016
SEGRO APPOINTS SOUMEN DAS AS CHIEF FINANCIAL OFFICER
SEGRO plc ('SEGRO', or 'the Company') is pleased to announce that it has appointed Soumen Das as its Chief Financial Officer.
Mr Das, (39) is currently the Managing Director & Chief Financial Officer of Capital & Counties Properties plc ("Capco"). He is expected to join the Company and the Board in the new year and will succeed Justin Read who will retire at the end of 2016.
Mr Das joined the Board of Capco as its Finance Director in 2010, at the age of 33, upon its demerger from Intu plc. In 2015 he became Managing Director taking on investment responsibility for the Covent Garden estate in addition to his finance role. Prior to joining Capco, Soumen spent two years as a partner in Mountgrange Investment Management LLP (now Clearbell Capital) and 9 years at UBS where he was an executive director within the investment bank specialising in real estate.
David Sleath, Chief Executive, said:
"On behalf of the Board, I thank Justin for his excellent leadership of SEGRO's finance function over the past five years and wish him well in his retirement. We are fortunate to have been able to replace Justin with someone of Soumen's experience and capability and we are very much looking forward to welcoming him to SEGRO".
There are no matters in connection with this appointment to be disclosed under section 9.6.13 of the Listing Rules of the UK Listing Authority.
ENDS
For further information, please contact:
SEGRO plc
David Sleath (Chief Executive)
Tel +44 (0) 20 7451 9112 / david.sleath@segro.com
Harry Stokes (Head of Investor Relations and Research)
Tel: +44 (0) 20 7451 9124 / harry.stokes@segro.com
Lindsay Dunford (External Communications Manager)
Tel: Tel: +44 (0) 20 7451 9117 / lindsay.dunford@segro.com
Richard Sunderland / Claire Turvey (FTI Consulting)
Tel: +44 (0) 20 3727 1000
Notes to Editors:
SEGRO plc
ABOUT SEGRO
SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, manager and developer of modern warehouses and light industrial property. It owns or manages over six million square metres of space valued at £7.4 billion serving customers from a wide range of industry sectors. Its properties are located in and around major cities and at key transportation hubs in the UK and in nine other European countries.
See www.SEGRO.com for further information. For further information see www.SEGRO.com/investors.