SEGRO Appoint New Managing Director

SEGRO plc has announced that Mr Ian Sutcliffe is to be appointed as SEGRO's Managing Director, UK Property, and will be joining the main SEGRO Board when he takes up his position, which is expected to be no later than this July.

Mr Sutcliffe stood down as Chief Executive of Taylor Wimpey UK. He previously held a number of senior international roles within Royal Dutch Shell.

Mr Ian Coull, Chief Executive of SEGRO, said: "I am delighted to welcome Ian Sutcliffe to SEGRO. He is an accomplished businessman who brings with him a wealth of wide ranging international experience and acumen. At both Taylor Wimpey and Royal Dutch Shell, through his drive and energy, Ian made a major contribution to performance - in particular demonstrating change management skills, and a strong focus on customer and marketing initiatives.


"In offering Ian Sutcliffe this position, SEGRO was particularly impressed by the breadth and depth of his general business accomplishments, as well as management roles which gave him specific insights into the property sector. Most recently his role at Taylor Wimpey as UK CEO, following the merger of George Wimpey and Taylor Woodrow, included defining the land and capital strategy for the new business. At Shell, Ian was the Retail Director in charge of the commercial development of its UK Petrol Stations; as Managing Director Shell Caribbean he also led all aspects of the business - he duly progressed onto US Vice President of Retail, managing the retail capital and assets strategy for the entire US Shell Oil operations."

(CD/JM)