3rd Jul 2018 07:49
LONDON (Alliance News) - FTSE 250-listed NewRiver REIT PLC said on Tuesday it has appointed Margaret Ford as chair of the company with effect on October 1.
She will be placing Paul Roy, who said he will not be standing for re-election at NewRiver's 2019 general meeting after nine years in the role, having been with NewRiver since its founding.
Ford has been a part of NewRiver since September 1, 2017, starting as an independent non-executive director, and is currently chair of Scottish media company STV Group PLC, a role she has held since 2013.
"It has been a privilege to serve as NewRiver's chairman since the company was founded nine years ago. Thanks to the skill, dedication and enthusiasm of NewRiver's executive management and employees, the company has grown from a small AIM listed entity to a FTSE 250 constituent during this period. In Baroness Ford we have found an excellent new chairman with significant property sector expertise, and I am confident that I will be leaving the company in very capable hands," Roy said.
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