FONT-SIZE Plus   Neg

Hammerson Appoints David Tyler To Succeed John Nelson As Chairman - Quick Facts

UK-based real estate investment trust Hammerson Plc (HMSO.L) on Monday announced that David Tyler will join the Board with immediate effect and will be appointed as Chairman immediately after the Annual General meeting.

Tyler succeeds John Nelson, who will retire as Chairman of the company at its AGM on May 9.

Tyler is currently Chairman of Sainsbury(J) PLC's (SBRY.L,JSAIY.PK) and a Director of Burberry. He recently retired as Chairman of Logica following its acquisition by CGI. Prior to embarking on a non-executive career in 2007, he was the Finance Director of GUS for ten years.

He began his career in financial and commercial management in Unilever where he qualified as an accountant.

Nelson said, ""After nine years at Hammerson, and having taken up the Chairmanship of Lloyd's of London, I informed the Board during the course of last year that I wished to retire at the next AGM. I am so pleased that David Tyler will be succeeding me; he is exactly the right candidate. Hammerson has a clear strategy with high-quality retail property, excellent built-in growth prospects, and one of the strongest management teams in the sector."

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Apple confirmed that it has bought face animation software firm Faceshift, although it was tight lipped about how it intends to use the new addition. The move is speculated as a bid to expand into virtual reality. Environment ministry of South Korea Thursday ordered Volkswagen Korea to recall 125,522 diesel vehicles on determining actual emissions of nitrogen oxides. The ministry has asked the German automobile maker to pay a fine of 14.1 billion Won or $12.31 million. The company has to submit a recall plan by January 6, 2016. The U.S. Food and Drug Administration has alerted health care professionals and patients of a voluntary recall of compounded multivitamin capsules containing high amounts of Vitamin D3 (Cholecalciferol), distributed nationwide by Glades Drugs in Pahokee, Florida. FDA has received reports of several...
comments powered by Disqus
Follow RTT