I have not yet met the directors so for now I’ll provide some basic factual information. The team of directors which led the business in its journey from a mixed asset commercial property company to being purely a retail landlord at a time of halving in value of many retail square metres were ousted from the company in 2020. The new chair is Robert Noel and the new CEO is Rita-Rose Gagné. There is also a new CFO, Himanshu Raja, appointed last year.
The non-executive director side of the table has also been supplemented with Des de Beer (a billionaire) joining the Board as in June 2020 and Habib Annous in May 2021.
Rita-Rose Gagné, CEO
She has worked in property markets across the world and her expertise spans across various asset classes and mixed-use assets, including residential, retail, office and logistics. Prior to Hammerson, she held various executive roles at the global real estate company, Ivanhoé Cambridge, where she was responsible for a $7.6bn portfolio of property. Remuneration £2.1m. Maximum remuneration £3.1m. Shareholdings 306,748 plus uninvested scheme interests of 8.9m
Robert Noel, Chair
A property industry veteran of over 30 years. Formerly CEO at Land Securities Group plc from 2012 until March 2020. Noel was also Property Director at Great Portland Estates from 2002 to 2009. From 1992 to 2002 he was a Director of Nelson Bakewell, the property services group. Remuneration £304,000. Shareholding 0.9m.
Himanshu Raja, CFO
Appointed 2021. He has extensive experience in business transformation and debt and equity markets. He was most recently CFO at Countrywide from 2017 until 2021. Countrywide had huge debts and Raja played a role steering it through to its eventual acquisition by Connells. Prior to that he served as CFO at G4S plc where he was responsible for finance, treasury, tax, investor relations, M&A, IT and procurement. Previously, Himanshu was CFO of Misys and Logica, where he led the sale of the group to CGI in a £2.1bn transaction. Remuneration £0.65m. Maximum remuneration £1.7m. Shareholding 211,060 plus uninvested scheme interests of 0.94m.
Pierre Bouchut, NED
Appointed 2015. Formerly CEO of C......
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