25th Sep 2025 09:55
Savills PLC - London-based real estate services provider - Appoints Great Portland Estates PLC's current Chief Financial & Operating Officer Nick Sanderson as its finance chief, expecting him to join in Spring next year. Great Portland Estates is a London-based office space landlord. Sanderson succeeds Simon Shaw as CFO, Savills says, who is set to become chief executive on January 1 when CEO Mark Ridley retires. Great Portland Estates notes that Sanderson will remain in his role to enable an orderly transition, while the search for his replacement progresses. Great Portland Estates adds that a further update on Sanderson's departure date will be made in due course.
"Nick has an impressive and extensive track record in both the public and private real estate sector and will be a great partner for me and the broader management team as we drive the next stage of the group's development," says Savills CFO Simon Shaw.
Current stock price: 952.00 pence, up 0.6% on Thursday morning in London
12-month change: down 18%
Great Portland Estates
Current stock price: 311.90 pence, down 0.7% on Thursday morning in London
12-month change: down 12%
By Christopher Ward, Alliance News reporter
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