Flexible office provider Workspace Group’s CEO Jamie Hopkins has stepped down from his post after seven years due to extenuating personal circumstances, the company has announced.
Chief financial officer Graham Clemett will act as interim chief executive at the London-listed REIT when Hopkins steps down at the end of May. Recruitment for a successor will begin shortly.
Hopkins, who will retain a shareholding, said: ‘After a superb seven years at Workspace, I have decided to step down. I am confident that I leave the company in excellent health, with a clear strategy, a strong team and an exciting future.
‘My decision to leave has been made purely on personal grounds and I look forward to closely following Workspace’s continued success.’
Workspace has performed strongly during Hopkins’s tenure, increasing its share price by 81% over the last five years, although growth slowed to 5.3% last year. This week the company was granted planning consent for a mixed-use development for their adjoining properties in Limehouse, part of London’s Docklands area.
Chairman Daniel Kitchen said: ‘The company has outperformed throughout his tenure and he leaves the business in fantastic shape, with a clear and proven strategy. We wish him all the best for the future.
‘Workspace has a strong senior management team and the Board is confident that the business will be in good hands while the search for a new chief executive is under way.’
