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07/08/2019

Henry Boot Appoints New CEO

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UK property and construction firm, Henry Boot PLC has named the successor of outgoing chief executive John Sutcliffe.

Tim Roberts will take on the role from 01 January 2020, with Mr Suttcliffe staying in an advisory position until his retirement at the AGM on 21 May.

As a FTSE 100 board director for the last 13 years, Mr Roberts has had significant listed company, governance and organisational experience, and has managed key relationships with a variety of strategic stakeholders.

He has spent 15 years running British Land's office team as well as developing the strategy for its successful London office business; moving its focus towards more mixed-use campuses and retaining and attracting target customers.

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The Yorkshire man has been responsible for overseeing large scale developments, transactions and lettings such as the joint venture development and the eventual sale of both the Leadenhall Building and 5 Broadgate, as well as major lettings to customers including Facebook, UBS and Dentsu Aegis. He has also led major transactions such as the purchase of Paddington Campus, and the super prime Clarges development site which was not only highly profitable but was fundamental in expanding British Land's London residential business.

Tim Roberts said: "I am very excited to be joining such a long-standing, well established business which, over the years, has generated strong financial performance. Henry Boot is in very good shape and I am joining a team that will not only continue to deliver strong returns, but also a business that has the organisational and capital structure to prosper."

(CM/JG)

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