Land Securities Group has announced the appointment of Sir Christopher Bland, Rick Haythornthwaite and Kevin O'Byrne as non-executive directors as the UK real estate investment trust proceeds with plans to demerge into three separate companies.
Land Securities Group has announced the appointment of Sir Christopher Bland, Rick Haythornthwaite and Kevin O'Byrne as non-executive directors as the UK real estate investment trust proceeds with plans to demerge into three separate companies.
Sir Christopher Bland will assume the role of Chairman of Trillium in the run up to its demerger. He has recently served as chairman of BT as well as chairman of the board of governors at the BBC.
Rick Haythornthwaite will become chairman of the retail business following the demerger. He is currently chairman of Mastercard, chairman of the Risk and Regulation Advisory Council and partner at Star Capital Partners.
Kevin O'Byrne has been Group finance director of DSG International PLC since 2004 and previously was chief financial officer for Hemscott Publishing Group and European finance director for The Quaker Oats Company. The role of chairman of Land Securities' London business will be assumed by Paul Myners once the demerger is carried out.
Paul Myners, non-executive chairman of the board, commented: 'These appointments demonstrate that we are making progress on our demerger plans and mean that when these companies become independent businesses, they will have the right balance of experience, energy and expertise on their Boards to make an immediate impact.'
