Company Announcements

Board Changes

Source: RNS
RNS Number : 8913P
Hammerson PLC
15 June 2020



Hammerson plc (the Company)

15 June 2020


Board Changes


The Board of Hammerson is pleased to announce that Robert Noel is to succeed David Tyler as Non-Executive Chair of the Company. Mr Noel will join the Board and take over the position with effect from a date to be confirmed but no later than 1 October 2020, at which point Mr Tyler will step down from the Company. When he joins, Mr Noel will also chair the Nominations Committee.


Mr Noel has built a long and successful career in the real estate sector most notably at Great Portland Estates plc and Land Securities Group PLC (Landsec). In March of this year he stepped down from Landsec, where he had held the role of Chief Executive Officer for the past eight years. 


Mr Noel is also Senior Independent Director at Taylor Wimpey plc and a Trustee of the Natural History Museum.


Commenting on his appointment to Chair, Robert Noel said: "I am delighted to be joining Hammerson. The retail property sector is going through a period of unprecedented upheaval, but I look forward very much to helping the Company steer through the challenges it is currently facing and capitalise on the significant opportunities ahead."

Separately, the Company also announces that Desmond (Des) de Beer will join its Board as a non-executive director with immediate effect. Des is a non-executive director of Lighthouse Capital, a property company which invests in direct property and listed real estate securities and which has a 15.1% shareholding in Hammerson.

Commenting on the appointments, Gwyn Burr, the Senior Independent Director at Hammerson, said: "Rob brings with him vast experience of the property industry which will help accelerate the Board's ambitions to put the Company back onto a stable footing.  We are also very pleased to welcome Des, whose experience in retail property and international perspective will make a valuable contribution to the future of Hammerson."


"The Board would like to take this opportunity to thank David Tyler for his huge commitment and energy as Chair over the past seven years."


There are no other disclosures to be made under Listing Rule 9.6.13.


The announcement above has also been released on the SENS system of the Johannesburg Stock Exchange.


Investor Contact

Josh Warren, Hammerson, Head of Investor Relations

Tel: +44 20 7887 1053

Press Contacts


Catrin Sharp, Head of Corporate Communications

Tel: +44 20 7887 1063


FTI Consulting (for Hammerson)

Dido Laurimore

Tel: +44 20 3727 1000/ 0780 1654424


Notes to Editors


Hammerson create vibrant, continually evolving spaces, in and around thriving European cities, with a focus on flagship retail destinations and Premium Outlets.  As of 31st December 2019, our portfolio of high-quality  venues had a value of £8.3 billion and includes 21 flagship destinations in thriving cities, and investments in 20 premium outlet villages, through our partnership with Value Retail and the VIA Outlets joint venture. Key retail venues include, Bullring & Grand Central, Birmingham, Bicester Village, Oxfordshire, Freeport Lisboa Fashion Outlet, Lisbon, Dundrum Town Centre, Dublin; and Les Terrasses du Port, Marseille.

Des de Beer

Mr de Beer has significant experience in property investment and management. He is one of the founders of Resilient REIT Limited, a South African Real Estate Investment Trust where he has served as CEO since its listing in 2002. He was also a founder of New Europe Property Investments plc and its successor NEPI Rockcastle plc.



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