Land Securities Group PLC (LON:LAND) announced that Scott Parsons has resigned from his role as Managing Director, Retail Portfolio. He will step down from the Board with immediate effect. Under the terms of his service agreement, Mr Parsons has a notice period of 12 months and will remain at Landsec to assist transition. For the time being, the Retail Portfolio will report to Robert Noel, Chief Executive, until a replacement is appointed.
Robert Noel commented: “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.”