Stock: Land Securities (LAND)Top Management and Board of DirectorsTop ManagementTop Management [Four top executives with tenure < 3 yrs]
Board Of DirectorsBoard Of Directors [One director with tenure > 6 yrs]
Board Of Directors [Four directors with tenure < 3 yrs]
Profiles of Top ManagementMark Christopher AllanCEO Mark joined Landsec as Chief Executive Officer in April 2020. He brings extensive knowledge and experience of the property sector combined with strong operational leadership and financial and strategic management skills to the Board. Prior to joining Landsec, Mark was Chief Executive of St. Modwen Properties Plc. Prior to that he was Chief Executive of The Unite Group since 2006. He moved to Unite in 1999 from KPMG and held a number of financial and commercial roles in the business, including Chief Financial Officer from 2003 to 2006. Mark is a qualified Chartered Accountant and a member of the Royal Institution of Chartered Surveyors. Sir Ian Cheshire Chairman Sir Ian is Chair of Land Securities Group plc. He is also Chair of Spire Healthcare Group Plc and Channel 4. He has been a Non-Executive Director of UK investment trust Menhaden Resource Efficiency Plc since 2015 and will retire from that Board on 12 September 2024. He Chairs the King Charles III Charitable Fund and the corporate climate change coalition We Mean Business. Sir Ian's executive career was spent in retail, customer-focused businesses in senior leadership and commercial roles, latterly as Group Chief Executive of Kingfisher Plc from 2008 to 2015 and prior to that he was chief executive of B&Q Plc from June 2005. He previously held FTSE 100 Non-Executive Director roles at Barclays Plc (and as Chairman of Barclays Bank UK), Whitbread Plc, where he was Senior Independent Director and BT Group Plc where he was Chair of the Remuneration Committee. He was the lead non-executive director at the UK Cabinet Office and Department for Work and Pensions. Sir Ian was also Chairman of the British Retail Consortium, Chairman of the Prince of Wales Corporate Leaders Group on Climate Change, President of the Business Disability Forum President's Group and chaired the Ecosystem Markets Task Force and GR Task Force. Sir Ian was knighted in the 2014 New Year Honours for services to Business, Sustainability and the Environment and is a Chevalier of the Ordre National du Merite of France. Shareholder Value: Creation of shareholder value in Land Securities: Since appointment as Chairman: The present value of GBP1,000 invested on the appointment date of May 16, 2023 at close price of GBP557.32 is GBP1,298, including a capital gain of GBP136 and dividend reinvested of GBP162. Vanessa Simms CFO Vanessa was appointed to the Board on 4 May 2021 as Chief Financial Officer Designate and became Chief Financial Officer when Martin Greenslade retired from the Board on 31 May 2021. Skills and experience Vanessa brings extensive financial experience to Landsec from the property sector, most recently as Chief Financial Officer at Grainger plc. Vanessa has particular expertise in leading and implementing strategic change in businesses and substantial experience of leadership roles in a listed environment. Prior to Grainger plc, Vanessa was Deputy Chief Financial Officer at Unite Group plc and prior to that was UK Finance Director at SEGRO plc. Marina Thomas Company Secretary Marina has responsibility for governance and compliance at Landsec, including company secretariat, data protection, ethics, health, safety and security and insurance. She has over 20 years experience in governance roles across aerospace and defence and financial services. Prior to joining Landsec, Marina was Group Company Secretary and EVP of Ethics and Communications at Meggitt PLC, where she also acted as a sponsor of their culture programme and women's network. Marina is a Fellow of the Chartered Governance Institute. Profiles of Board of DirectorsChristophe A. EvainIndependent Non-Executive Director Christophe was appointed to the Board as a Non-executive Director on 1 April 2019. Career Christophe is the former Chief Executive of Intermediate Capital Group PLC, a leading alternative asset management firm with EUR34 billion assets under management. Having started his career in banking, holding various positions at NatWest and Banque de Gestion Privee, he joined ICG in 1994 as an Investment professional. Christophe spent twenty three years at ICG prior to stepping down as CEO in 2017. He held various investment and management roles at ICG, founded the Group's businesses in Paris, the Asia-Pacific region, and North America, and was instrumental in adding various additional businesses including a UK property lending business. In 2004 Christophe was appointed as Group Managing Director and, in 2008, additionally became Chairman of the main Investment Committee and Chief Investment Officer. He was appointed CEO in 2010. Christophe is a graduate of the University of Paris-Dauphine. Skills, competencies and experience Christophe has an extensive investment experience in private equity, debt and other alternative asset classes, which covers detailed business and financial analysis as well as the management of a large portfolio of ICG owned assets and the oversight of all investment decisions. As the former CEO of a UK listed company, he also has management and leadership strengths, having successfully led the transformation of ICG from a principal investment business into a diversified alternative asset management group. Committees Chairman of the Remuneration Committee. Appointed a member of the Nomination Committee as of 24 March 2022. Miles Roberts Non-Executive Director Miles joined the Board as a Non-executive Director on 19 September 2022. Career Miles is currently Group Chief Executive of DS Smith Plc, the international packaging group, and has held this position since 2010. It has been announced that Miles will step down from the Board of DS Smith Plc by 30 November 2025. Prior to his role at DS Smith Plc, he was Chief Executive at McBride plc from 2005 to 2010. Skills, competencies and experience Miles brings a wide level of Board experience to the Group, together with specific experience of large, long-term capital projects, alongside a particular focus on sustainability. Miles is a qualified chartered accountant. Shareholder Value: Creation of shareholder value in Land Securities: Since appointment as Non-Executive Director: The present value of GBP1,000 invested on the appointment date of September 19, 2022 at close price of GBP523.38 is GBP1,445, including a capital gain of GBP209 and dividend reinvested of GBP236. Manjiry Tamhane Non-Executive Director Manjiry was appointed to the Board as a Non-executive Director on 1 March 2021 and became the Non-executive Director for Employee Engagement and Whistleblowing on 22 June 2023. Career Manjiry is currently Global Chief Executive Officer of Gain Theory, a global foresight consultancy, a subsidiary of WPP plc. Manjiry was part of a team which founded Gain Theory in 2015, having previously been Managing Director of another of WPP's consultancies also focused on data and analytics, Ohal Ltd. Prior to that, Manjiry spent the first part of her career in the retail sector, latterly as Head of Customer Insight and Strategy at Debenhams. In 2017, Manjiry was named as one of the top 20 Women in Data & Technology, led by The Female Lead and Women in Data. Skills, competencies, and experience Manjiry is a highly experienced marketing effectiveness executive who has developed a specialism for using data, technology and advanced analytics to enable transformation to data informed cultures and enhancements in business performance. Her expertise includes econometrics, brand planning, pricing, forecasting, artificial intelligence and return on investment analysis. Aside from Manjiry's executive responsibilities, she holds two advisory roles. In 2011 Manjiry co-founded a charity called Breathing Matters, part of UCLH Charity, set up to raise funds on behalf of UCL Respiratory, the centre for respiratory research. More recently, Manjiry joined Saracens Women's Rugby Club as an Advisory Board Member. Committees A member of the Remuneration Committee as of 01 June 2021. James Bowling Non-Executive Director James joined the Board as Non-executive Director on 7 September 2023 and became Audit Committee Chair on 18 September 2023. Career James was Chief Financial Officer of Severn Trent Plc from 2015 until his retirement in July 2023. Prior to joining Severn Trent, James was interim Chief Financial Officer of Shire Plc, where he had been since 2005. Prior to joining Shire, James spent nine years at Ford Motor Company in various finance roles of increasing responsibility. James is currently a non-independent Non-executive Director at Water Plus Group Ltd and Porterbrook Leasing Company Limited. Skills and Experience James has recent and relevant financial experience as a member of the Institute of Chartered Accountants in England and Wales and as an experienced listed company CFO who has successfully applied his skills across a number of sectors, with broad experience in financial reporting, enterprise risk management, long-term capital investment models and a range of corporate activity, including M&A. Shareholder Value: Creation of shareholder value in Land Securities: Since appointment as Non-Executive Director: The present value of GBP1,000 invested on the appointment date of September 07, 2023 at close price of GBP525.10 is GBP1,347, including a capital gain of GBP205 and dividend reinvested of GBP142. Madeleine Cosgrave Non-Executive Independent Director Madeleine was appointed to the Board as a Non-executive Director on 1 January 2019. Career Madeleine was previously Managing Director and Regional Head, Europe at GIC Real Estate, Singapore's Sovereign Wealth Fund. She held this position from 2016 until she stepped down in June 2021 and was responsible for the investment strategy, portfolio and team. She led the real estate business in Europe and was a voting member of GIC Real Estate's Global Investment Committee. Madeleine is a chartered surveyor and started her career in 1989 with JLL as a graduate trainee. She went on to hold roles in valuation, fund management, leasing and development in both London and Sydney, before joining GIC in 1999. Skills, competencies and experience Madeleine has extensive experience in the property industry; she is a member of the Royal Institution of Chartered Surveyors and former chair of the INREV Investor Platform. She is an independent member of the CBRE IM EMEA Investment Committee, senior advisor to ICG Real Estate and has mentoring roles with IntoUniversity and GAIN (Girls Are Investors). Committees A member of the Audit Committee. Shareholder Value: Creation of shareholder value in Land Securities: Date of appointment: January 01, 2019 In the last 5 years the average annualized return to shareholders was 12.7%. The present value of GBP1,000 (PV1000) invested 5 years ago is now GBP1,818, a gain of GBP355 and dividend reinvested of GBP463. |