26th Feb 2019 12:30
LONDON (Alliance News) - Land Securities Group PLC said that Retail Managing Director Scott Parsons has resigned from his role and the board with immediate effect.
The Retail portfolio of the blue-chip real estate investment trust will report to Chief Executive Robert Noel until a replacement is appointed. Parsons will remain at Landsec to assist the transition.
Parsons has been in his role for nine years since 2010, having been brought up to Landsec's board at the start of 2018.
"Scott has made a significant contribution to Landsec since 2010. On behalf of everyone at Landsec, I would like to thank him for his leadership of the Retail team and for being part of the Executive Committee. On a personal note, I have enjoyed working with Scott over many years. We wish Scott all the best in his future career," Noel said.
Shares in Land Securities were up 0.9% at 881.60 pence on Tuesday.
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