SEGRO has appointed Gerald Corbett as its next chairman and non-executive director.
Corbett will join the board of the industrial specialist on 1 March when outgoing chairman Nigel Rich steps down.
Corbett was formerly chief executive of Railtrack and finance director of Redland and Grand Metropolitan. He is currently chairman of Betfair, Britvic and Numis Corporation.
David Sleath, chief executive of SEGRO, said: “On behalf of the board and the management team, I thank Nigel for his guidance and wise counsel over the past 10 years, during which time we sold our US business, acquired Brixton and repositioned SEGRO to become a leading income-focused REIT. From a personal perspective, I am particularly appreciative of his support since I became chief executive. I welcome Gerald to the board, whose experience of a wide range of businesses and boardrooms will prove invaluable in the years ahead.”
