25th Apr 2006 11:30
British Land Co PLC25 April 2006 25 April 2006 British Land Names New Executive Directors The British Land Company PLC is pleased to announce that Andrew Jones and TimRoberts, currently members of the Executive Committee, will be nominated to jointhe full Board at the Company's AGM in July. This date coincides with theplanned retirement as Executive Directors of John Weston Smith and PatrickVaughan. Sir John Ritblat, Chairman of British Land, comments "Andrew and Tim have made an excellent impact since being named Co-Heads ofAsset Management last summer and represent the level of talent integral to ourability to outperform as a Company. Their nomination to the Board reflects thisand is an important ingredient for the future at British Land." Contacts John Weston Smith, The British Land Company PLC 020 7467 2899 Edward Orlebar, Finsbury 020 7251 3801 Notes to Editors British Land is Europe's largest quoted property company by assets, owning andmanaging some £18 billion of prime real estate, primarily in the UK Retail andLondon Office sectors. Andrew Jones and Tim Roberts will retain their functions as Co-Heads of AssetManagement, with Andrew becoming primarily responsible for the Company's UKRetail property sector (including its Retail Fund advisory roles) and Tim forthe Office and "Other" categories. Andrew Jones is 38 and joined British Land in July 2005 as part of theacquisition of Pillar Property plc. He was previously a Director of Pillarresponsible for the Hercules and HIF retail warehouse Unit Trusts. Prior tothat he was responsible for Pillar's £350 million shopping centre portfolio.Before joining Pillar in 1995 he was at Burwood House (a joint venture betweenArlington and Asda) with responsibility for their superstore portfolio. Tim Roberts is 41 and joined British Land in 1997 having been a partner ofDrivers Jonas in Investment Agency. In 2002 he was made Joint Head of AssetManagement together with responsibility for investment sales and purchases whichrole was broadened in 2005 on his appointment to British Land's ExecutiveCommittee. The other 'ongoing' Executive Directors of British Land are Stephen Hester(Chief Executive), Bob Bowden (Property Investment Director) and Graham Roberts(Finance Director). This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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