Urban&Civic has appointed Alan Dickinson, current senior independent director, as non-executive chairman with immediate effect in a raft of board changes.
Dickinson is a non-executive director of Lloyds Banking Group and a non-executive director of insurance broker Willis Ltd, with over 45 years’ experience in property, banking and finance.
Robert Adair will step down from the board on 30 June having been chairman of Terrace Hill plc until the reverse acquisition of Urban&Civic in May 2014, and deputy chairman of the larger business over the past two years.
Nigel Hugill will become chief executive, with Robin Butler remaining as managing director.
Duncan Hunter will assume the role of senior independent director.
The company will also appoint an additional independent non-executive director as chairman of the audit committee.
In the meantime, Hunter will continue to chair the audit committee.
Philip Leech will no longer be a board member but will remain as group property director.
Jon Austen will retire as finance director on 1 September to be succeeded by David Wood, currently director of finance, strategic land and tax, who has worked at Urban&Civic since April 2010.
Hugill said: “We are fortunate to have Alan Dickinson become chairman of Urban&Civic, given the breadth and extent of his experience. An additional independent non-executive director is to be appointed.
“It is now almost two years since Urban&Civic came to market and Alan’s appointment is part of the natural evolution of the business that also ensures it is best positioned for future growth.
“Jon Austen will stay with us over the summer and I would like to take this opportunity to thank him and Robert Adair, the founder of Terrace Hill, for their enthusiastic and valuable support. Together they have been instrumental in helping establish the combined business including, importantly, succession planning which will help Urban&Civic progress through the next stage of our development.”
• To send feedback, e-mail shekha.vyas@estatesgazette.com or tweet @ShekhaV or @estatesgazette
