Richard Grant will take over as chairman of Helical next year when Mike Slade steps down from the role at the company’s 2019 AGM.
A non-executive director at Helical since 2012, Grant has been appointed deputy chairman of the London property developer with immediate effect to smooth the handover.
He will continue in his roles as chairman of the audit & risk committee and a member of the nominations and remuneration committees.
Over the past four decades in property, Grant has served as finance director of Cadogan Estates and as a corporate finance partner at PwC.
Helical also announced that Richard Cotton, a non-executive director at Helical and former head of UK real estate at JP Morgan Cazenove, has succeeded Richard Gillingwater as senior independent director.
Gillingwater will stay on the board as non-executive director and chairman of the nominations committee.
Slade, said: “Richard Grant’s financial and governance skills and his specialist knowledge of the real estate sector have added real value to the board and I am pleased with his appointment as deputy chairman and, in due course, chairman of Helical.
“I would like to thank Richard Gillingwater for his support over the years as senior independent director and for overseeing this and past succession changes and I welcome Richard Cotton as his successor in this role.”
To send feedback, e-mail karl.tomusk@egi.co.uk or tweet @ktomusk or @estatesgazette
