Land Securities Group Plc
LAND:LN
Latest Coverage
Overview
Company Profile
One of the UK's largest property companies, for many years Land Securities was in effect a proxy for the UK quoted property sector. Retail and offices are now its biggest sectors and biggest contributors to rental income. The company also provide property services to more than 2,500 private and public sector clients
Classification
Financials
News & Media
Corporate
Board of Directors
Robert Noel
CEO
Rob was appointed to the Board in January 2010 as Managing Director, London Portfolio, and became Chief Executive in April 2012. Career A chartered surveyor and graduate of the University of Reading, Robert was Property Director at Great Portland Estates plc between August 2002 and September 2009. Prior to that, he was a director of the property services group, Nelson Bakewell. He is a former director of the New West End Company and the Central London Business Improvement District and former Chairman of the Westminster Property Association. Robert is a trustee of the property industry charity, LandAid.
Martin Greenslade
Chief Financial Officer
A chartered accountant, having trained with Coopers & Lybrand, Martin was previously Group Finance Director of Alvis plc. He has also worked in corporate finance serving as a member of the executive committee of Nordea’s investment banking division and Managing Director of its UK business. Martin is a trustee of International Justice Mission UK.
Dame Alison Carnwath DBE
Non-Executive Chairman
Dame Alison worked in investment banking and corporate finance for 20 years before pursuing a portfolio career. During her banking career, she became the first female director of J. Henry Schroder Wagg & Co. Dame Alison was also a Senior Partner at Phoenix Securities and a Managing Director at Donaldson, Lufkin & Jenrette. She has served as a non-executive director of Friends Provident plc, Gallaher Group plc, Glas Cymru Cyfyngedig (Welsh Water), Barclays plc and Man Group plc. Dame Alison is currently chairman of the UK private equity firm Livingbridge (formerly known as ISIS Equity Partners), a non-executive director of Zurich Insurance Group Limited and Paccar Inc (a Fortune 500 company), and a senior advisor to Evercore Partners. She is also a supervisory board member and the audit committee chair of the Frankfurt listed chemicals company, BASF SE. Dame Alison is a trustee of The British Library Trust and undertakes a variety of mentoring activities in the UK and overseas. She was appointed a Dame in 2014 for her services to business.
Kevin O\'Byrne (
Non-executive Director
Kevin is a chartered accountant who trained with Arthur Andersen. He has held several senior finance positions and was Group Finance Director of Kingfisher plc from 2008 until 2012 when he was appointed CEO of its B&Q and Koçtaş businesses in China, Turkey, Germany and the UK, until he left that business in May 2015. His previous roles include Group Finance Director of Dixons Retail plc and European Finance Director of The Quaker Oats Company.
Chris Bartram
Non-Executive Director
Chris is a chartered surveyor and was until recently Chairman and Partner of Orchard Street Investment Management LLP, a leading commercial property investment manager focused on the UK market. He stepped down from those positions on 31 March 2015 though he continues as an adviser to that firm. He has previously served as Managing Director of Haslemere NV, Chairman of Jones Lang Wooton Fund Management, President of the British Property Federation and Chairman of the Bank of England Property Forum. Chris is currently a Board Counsellor of The Crown Estate (having previously been a board member), a Wilkins Fellow of Downing College, University of Cambridge, and an advisory board member to certain overseas entities within the Brack Capital Real Estate Group.
Stacey Rauch
Non-Executive Director
Stacey is a Director Emeritus of McKinsey & Company where she served clients in the US and internationally for 24 years. Whilst there, she co-founded the New Jersey office and was the first woman to be appointed as an industry practice leader. She was a leader in the firm’s Retail and Consumer Goods Practices, served as the head of the North American Retail and Apparel Practice and acted as the Global Retail Practice Convener. She retired from McKinsey & Company in September 2010 and has since then pursued a portfolio career. Stacey is currently a non-executive director of ANN Inc, (a NYSE listed women’s speciality apparel retailer), the Fiesta Restaurant Group Inc, (a NASDAQ listed company) and CEB (a NYSE listed member-based advisory company).
Simon Palley
Non-executive Director
A senior figure within the private equity industry, Simon has had a successful and broad ranging career in investment banking, consulting and private equity. He started his career at Chase Manhattan before moving to Bain & Company. He left there in 1988 to join Bankers Trust as a Vice President and moved to BC Partners, a private equity firm, in 1990 where he worked for 17 years, rising to the position of Managing Partner. Simon then became Chairman of the private equity firm Centerbridge Partners Europe, a post he held until 2013, and is now a Senior Adviser to TowerBrook Capital Partners and an adviser to the private equity arm of GIC. He is an MBA graduate of The Wharton School, Pennsylvania. Simon is a Trustee of the University of Pennsylvania and The Tate Foundation.
Cressida Hogg CBE
Non-Executive Director
Cressida spent almost 20 years with 3i Group plc having joined them in 1995 from JP Morgan. She co-founded 3i’s infrastructure business in 2005, becoming Managing Partner in 2009, and led the team which acted as Investment Adviser to 3i Infrastructure plc, a FTSE 250 investment company. She advised on all of 3i Infrastructure’s transactions since its flotation in 2007. Cressida was previously a member of the advisory board for Infrastructure UK, the HM Treasury unit that works on the UK’s long-term infrastructure priorities. She is currently Managing Director, Head of Infrastructure, of the Canada Pension Plan Investment Board and a non-executive director of Anglian Water Group Limited. Cressida received a CBE in 2014 for services to infrastructure investment and policy.
Edward Bonham Carter
Non-Executive Director
Edward started his career at Schroders in 1982 as an investment analyst before moving to Electra Investment Trust in 1986 where he was a fund manager. He joined Jupiter in 1994 as a UK fund manager and held the position of Chief Investment Officer from 1999 to 2010. Edward led the company through a management buy-out from its previous owners, Commerzbank, in 2007, and oversaw the firm’s listing on the London Stock Exchange in 2010. He was appointed Group Chief Executive of Jupiter Fund Management plc in June 2007 and became its Vice Chairman in March 2014.