Grainger Plc
GRI:LN
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Overview
Company Profile
Grainger is a specialist residential company. Founded in 1912, Grainger Trust acquires, develops and trades residential and commercial property assets via offices around the UK. The company acquired a number of tenanted estates during the 1970s from institutions such as British Coal, British Rail and Reckitt & Colman, which has helped it become one of the UK's leading residential property investment businesses.
Classification
Financials
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Corporate
Board of Directors
Andrew Cunningham
Chief executive
Appointment Appointed to the board as finance director in 1996 and became deputy chief executive in 2002 and chief executive in 2009. Experience Andrew is a chartered accountant and before joining Grainger was a partner in a predecessor firm of PricewaterhouseCoopers. He is a member of the British Property Federation policy committee and in 2012 was appointed a Fellow of the Royal Institute of Chartered Surveyors. He is a member of the advisory boards of the Cambridge University Land Economy Department and the Durham University Business School.
Nick Jopling
Executive director
Appointment Appointed to the board in 2010 as executive director with responsibility for property. Experience Nick was previously with CB Richard Ellis where he was executive director of residential. He was the former chairman of the Urban Land Institute’s UK Residential Council and was a member of Sir Adrian Montague’s committee which reviewed the Barriers to Institutional Investment in Private Rented Homes.
Mark Greenwood
Finance director
Appointment Appointed to the board as finance director in September 2010. Experience Mark has worked in finance since 1982 and held a number of senior positions within Alfred McAlpine plc from 1989 to 2008. He was group finance director from 2007 until its takeover in 2008 by Carillion. From 2008 to 2010 Mark was finance director of the Middle East and North Africa business of Carillion plc.
Baroness Margaret Ford
Non-executive Chairman
Appointment Appointed to the board in 2008 and became senior independent director in February 2014. Appointed Chairman in March 2015. Experience Margaret is chairman of STV Group Plc and is also a non-executive director of Segro plc and Taylor Wimpey plc. She was chairman of the Olympic Park Legacy Company from 2009 to 2012, was a managing director in the Royal Bank of Canada’s Global Infrastructure Group from 2007 to 2009, and between 2002 and 2007 was chairman of English Partnerships. Committee membership Chairman of nominations committee Member of remuneration committee
Belinda Richards
Non-executive director
Appointment Appointed to the board in 2011. Experience Belinda was previously global head of Deloitte’s Merger Integration and Separation Advisory Services and is also a non-executive director of Friends Life Group plc. Committee membership Senior Independent Director Chairman of audit committee Chairman of remunerations committee Member of risk committee Member of nominations committee
Simon Davies
Non-executive director
Appointment Appointed to the board in 2012. Experience Simon retired from the role of executive chairman at Threadneedle Asset Management in 2012 after five years in the position, having previously been chief executive (1999–2007) and chief investment officer (1995–1998). He is currently chairman of JP Morgan Overseas Investment Trust plc and Sound Oil plc and is also a director of Old Mutual Wealth Management Limited and LCHClearnet Group Limited. Committee membership Member of risk committee Member of remuneration committee
Tony Wray
Non-executive director
Appointment Appointed to the board in 2011. Experience Tony was the chief executive of FTSE 100 water company Severn Trent plc from 2007 - 2014, having joined their board in 2005. He is also a member of the Water UK board and has held director roles within Transco and National Grid Transco. Committee membership Chairman of risk committee Member of audit committee Member of nominations committee
Andrew Carr-Locke
Non-executive director
Appointment Appointed to the board in 2015. Experience Andrew is a Fellow of the Chartered Institute of Management Accountants. He has previously held senior finance positions at Courtaulds Textiles, Diageo, Bowater Scott and Kodak and more recently was Group Finance Director at George Wimpey plc from 2001 until 2007. In April 2010 he was appointed Executive Chairman of Countryside Properties and stepped down from this board in May 2014 following the successful sale of the business. He is currently a non-executive director at Dairy Crest, where he chairs the audit committee and has previously held non-executive directorships at Royal Mail Holdings, Venture Production and AWG. Committee membership Member of nominations committee Member of audit committee Member of risk committee Member of remuneration committee