Scott Parsons has resigned from his role as managing director of Land Securities’ retail portfolio, and will step down from the REIT’s board with immediate effect.
A stock exchange announcement from Landsec said that Parsons has a notice period of 12 months and “will remain at Landsec to assist transition,” adding that for the time being the retail portfolio will report to chief executive, Robert Noel, until a replacement is appointed.
Noel said: “Scott has made a significant contribution to Landsec since 2010. On behalf of everyone at Landsec, I would like to thank him for his leadership of the retail team and for being part of the executive committee. On a personal note, I have enjoyed working with Scott over many years. We wish Scott all the best in his future career.”