logo
Plus   Neg
Share
Email

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 RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Member of Congress have reportedly been told President Donald Trump's administration has reached an agreement to put Chinese telecom giant ZTE Corp. back in business. Reports from the New York Times and Reuters said the deal brokered by the Commerce Department would require ZTE to pay a substantial... Delta Air Lines will resume non-stop flights between the U.S. and India next year, almost a decade after it exited the Indian market. The airline said Thursday that its decision to resume non-stop flights from the U.S. to India follows agreements between the U.S. and the governments of the United Arab Emirates and Qatar to address the issue of government subsidies provided to state-owned carriers. Mortgage rates continued their upward trend this week and hit a seven-year high, even as housing demand remained robust. According to data released Thursday by mortgage finance provider Freddie Mac, the 30-year fixed-rate mortgage rose to 4.66 percent in the week ending May 24, from 4.61 percent in the prior week and 3.95 percent a year ago. This is also the highest level since May 5, 2011.
Follow RTT