Land Securities Group PLC has announced that, following an extensive selection process, it has appointed Sir Ian Cheshire as an independent non-executive director and chairman-elect. Sir Ian will join the Board as a Non-Executive Director and Chairman Elect on March 23, 2023 and will succeed Cressida Hogg on May 16, 2023, when Cressida will retire after nearly five years as Chairman and more than nine on the Board. of directors Sir Ian is currently Chairman of Channel 4, Spire Healthcare Group Plc, UK investment fund Menhaden Resource Efficiency Plc and a non-executive director of BT Group Plc.

He will step down as Chairman (while remaining a Non-Executive Director) of Menhaden Resource Efficiency Plc on May 16, 2023 and will step down from BT Group Plc at its AGM in July 2023 to ensure he has sufficient skills to act as Chairman. of Landsec. . Sir Ian also chairs the Prince of Wales Charitable Fund and the business coalition against climate change at Mean Business. Sir Ian’s career has spanned customer-focused commercial, managerial and retail business roles, including a role as Group Chief Executive of Kingfisher Plc from 2008 to 2015.

He previously held non-executive roles at Barclays Plc’s FTSE 100 (and as Chairman of Barclays Bank UK) and at Whitbread Plc, where he was an independent senior director. He has also served as a Principal Non-Executive Director at the UK Cabinet Office and Department for Work and Pensions. Sir Ian will join the nomination and remuneration committees from March 23, 2023 and will assume the role of chair of the nomination committee on May 16, 2023.