Plus   Neg

Land Securities Appoints Mark Allan To Succeed Robert Noel As Next CEO

Property company Land Securities Group plc (LAND.L) announced the appointment of Mark Allan as its next Chief Executive Officer.

Allan will succeed Chief Executive Officer Robert Noel, who has informed the Board in July of his intention to retire from Landsec during 2020.

Land Securities now said that Allan will take up the new role, and become an Executive Director, with effect from a date to be confirmed but by no later than June 1, 2020.

Noel will continue as CEO for the time being and a further announcement will be made in due course regarding his leaving date.

Allan is currently Chief Executive Officer of St Modwen Properties Plc, a role he has held since November, 2016. He joined St Modwen Properties from The Unite Group plc, where he was CEO from 2006 until May 2016.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The Federal Trade Commission (FTC) is in the process of sending out refund checks to consumers who were allegedly misled by Office Depot, Inc. and its software provider Support.com, Inc., into buying computer repair products and services. Out of $34 million, being the total amount of checks, Office Depot paid $25 million and Support.com paid $10 million as part of 2019 settlement. Gap Inc. partnered with fashion resale platform thredUP to facilitate the exchange of secondhand cloths. The retailer in a blog post said its customers can bring secondhand clothes in exchange for shopping credit that can be redeemed at Gap, Banana Republic, Athleta, or Janie and Jack. Customers who redeem their credits at Gap brands will receive an additional 15 percent payout bonus. Coca-Cola Co. (KO) on Friday reaffirmed its guidance for the full-year 2020 and provided an update on the expected impact from COVID-19 on first quarter 2020 results, ahead of its presentation at the Consumer Analyst Group of New York (CAGNY) Conference. For fiscal 2020, the company continues to project...
Follow RTT