5th Nov 2008 07:00
Warner Estate Holdings PLC
WARNER ESTATE CONFIRMS FINANCE DIRECTOR SUCCESSION
Warner Estate Holdings PLC ("Warner Estate"), the property investment and management company, today announces that Mark Keogh, the current Deputy Finance Director, will succeed Peter Collins as Finance Director, following the next Board meeting on 20 November 2008.
Peter reaches the age of 60 early next month and he has informed the Board that he would like to reduce his involvement with the Group. He joined Warner Estate in 1998 as Finance Director and has been instrumental in building the scale of the business and effecting the Company's conversion to a real estate investment trust (REIT). He will remain on the Board until the end of the year.
Mark, 47, has been with the Group since March 2008 and was recruited with a view to his taking over from Peter at the appropriate time. Before joining Warner Estate, Mark was Finance Director of Severn Trent Water and, prior to that, of Mowlem Construction Services.
Philip Warner, Chairman of Warner Estate commented,
"I am delighted that we have been able to achieve such a smooth succession. Mark Keogh has been working closely with Peter over the last eight months. He has a firm understanding of the business and he has demonstrated that he has the necessary skills to manage the Group's finances in the future."
-ends-
Date: 05 November 2008
For further information contact:
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Warner Estate Holdings PLC |
City Profile |
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Philip Warner, Chairman |
Simon Courtenay |
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Peter Collins, Finance Director |
Tel: 020-7488-3244 |
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Mark Keogh, Deputy Finance Director |
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Tel: 020-7907-5100 |
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Web: www.warnerestate.co.uk |
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