LSL Property Services Director Changes (6581V)
October 30 2014 - 3:01AM
UK Regulatory
TIDMLSL
RNS Number : 6581V
LSL Property Services
30 October 2014
For immediate release 30(th) October 2014
LSL Property Services plc
("LSL" or "the Group")
Director Changes
LSL, a leading UK provider of residential property services,
announces that David Newnes, Executive Director, Estate Agency, has
made the decision to retire from LSL after 35 years service on
31(st) December 2014 to pursue personal interests outside of the
property services sector. The PLC Board of LSL thanks David for his
exceptional contribution to the business, particularly during the
past five years as a member of the PLC Board.
The PLC Board is pleased to announce the appointment of Adrian
Gill as Executive Director, Estate Agency with effect from 1(st)
January 2015, subject to the approval of the Financial Conduct
Authority. Adrian has been a Non Executive Director of LSL since
2012 and has excellent knowledge of the business. Adrian will cease
to serve as a Non Executive Director and member of the Nominations,
Audit and Remuneration Committees from 24(th) November 2014, when
he will commence as an Executive Director, providing a transition
period before assuming responsibility for his new role on the 1(st)
January 2015. Adrian is experienced in all aspects of residential
property services having served on the board of Connells for 10
years before joining LSL. Adrian held positions as both Group
Finance Director and Commercial Director at Connells.
Helen Buck, a Non Executive Director, will join the Nominations
and Remuneration Committees with effect from 24(th) November 2014.
LSL will now commence a search for an additional Non Executive
Director to join the Board.
David Newnes said, "I am very pleased and proud to have been
part of LSL through the MBO and IPO, leading the estate agency team
that has driven substantial growth in the business. I remain a
shareholder in LSL and look forward to the Group's continued
success. I am delighted to be handing the role over to Adrian Gill
who has a wealth of experience in estate agency."
Ian Crabb, Group Chief Executive, said: "David Newnes has been a
key member of the management team over many years and has made a
substantial contribution to the business. We wish him well for the
future. I am delighted that Adrian is joining the executive team
and I am confident that he will make a valuable contribution to our
future development and growth plans."
There is no further information to be disclosed in accordance
with Listing Rule 9.6.13.
For further information please contact:
Ian Crabb, Group Chief Executive
Officer
Steve Cooke, Group Finance Director
LSL Property Services plc 0207 382 0360
Richard Darby
Sophie McNulty
Buchanan 0207 466 5000
Notes to editors:
LSL Property Services plc is a leading provider of residential
property services to two key customer groups. Services to consumers
include estate agency, lettings, surveying, conveyancing and advice
on mortgages and non-investment insurance products. Services to
mortgage lenders include valuations and panel management services,
asset management and property management services.
For further information please visit: www.lslps.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
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