Business
Helical Announces Changes to the Board
Helical Announces Changes to the Board.
About this update from Helical Plc
[{"type":"text","content":"\n \nRNS Number : 3862E Helical PLC 09 February 2018 \n\n \n9 February 2018 \n \nHELICAL PLC \n('Helical'/ 'the Company')\n \nHELICAL ANNOUNCES CHANGES TO THE BOARD\n \nHelical, one of London's leading property developers, announces that Mike Slade, Non-Executive Chairman, has informed the Board of his intention to step down from his role at the Company's Annual General Meeting in July 2019. \n \nFollowing notice of his intentions, the Board of Helical appointed an executive search firm to undertake an assessment of both internal and external candidates. As a result of this process it has been concluded that Richard Grant is the most suitable person to act as the future Chairman of the Company and will, with immediate effect, be appointed Deputy Chairman of Helical to ensure a smooth handover process.\n \nRichard Grant joined the Board of Helical as a Non-Executive Director in 2012. He is Chairman of the Audit & Risk Committee and is a member of the Nominations and Remuneration Committees. Richard will continue to serve in these roles alongside his deputy chairmanship. Richard has more than 40 years' experience including as Finance Director of Cadogan Estates Limited and as a corporate finance partner at PwC.\nIn line with broader Board succession planning, Richard Cotton will succeed Richard Gillingwater, as Senior Independent Director, with immediate effect. Richard Gillingwater will continue to serve the Board in his capacity as Non-Executive Director and Chairman of the Nominations Committee.\n \nRichard Cotton was appointed as a Non-Executive Director of Helical on 1 March 2016 and is a member of the Nominations, Audit & Risk and Remuneration Committees. Richard was formerly head of UK Real Estate at J.P. Morgan Cazenove. Richard is a Non-Executive Director of Big Yellow Group plc and a member of the Commercial Development Advisory Group of Transport for London. He was previously Chairman of Centurion Properties and a Non-Execu...