Edition:
United States

Newriver Reit PLC (NRRT.L)

NRRT.L on London Stock Exchange

326.00GBp
23 Nov 2017
Change (% chg)

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326.00
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Avg. Vol
553,973
52-wk High
371.86
52-wk Low
307.02

Summary

Name Age Since Current Position

Paul Roy

Non-Executive Chairman of the Board

David Lockhart

Chief Executive Officer

Mark Davies

Chief Financial Officer

Allan Lockhart

Property Director

Matthew Jones

Company Secretary

Kay Chaldecott

Non-Executive Independent Director

Alastair Miller

58 Non-Executive Independent Director

Will Hobman

2017 Head of Investor Relations

Biographies

Name Description

Paul Roy

Mr. Paul D. Roy serves as Non-Executive Chairman of the Board. Paul Roy has over 40 years’ experience in the banking, brokerage and asset management industries. In 2003, he co-founded NewSmith Capital Partners LLP, an independent investment management company which was acquired by Man Group in 2015. Prior to founding NewSmith, he was Co-President of the Global Markets and Investment Banking division at Merrill Lynch & Co and had responsibility for worldwide Investment Banking, Debt and Equity Markets. Paul joined Merrill Lynch in 1995 when it acquired Smith New Court Plc a leading market making and brokerage firm on the London Stock Exchange where he was Chief Executive Officer. He joined Smith New Court in 1988, having previously been a Senior Partner in the leading stock broking firm Citicorp Scrimgeour Vickers. Between 2007 and 2013, Paul served as Chairman of the British Horseracing Authority responsible for governance and regulation of the sport and is now Chairman of Retraining of Racehorses, racing’s main equine charity. In 2015, he became Chairman of Sky Bet after CVC acquired a majority stake in the company from SKY PLC. He has a Bachelor of Arts degree in Economics (honours) and a Doctor of Laws from the University of Liverpool.

David Lockhart

Mr. David A. S. Lockhart serves as Chief Executive Officer of the company. David Lockhart is a qualified Solicitor and Chartered Accountant and has over 35 years’ operating experience in the UK real estate market. David is an experienced and successful entrepreneur, having founded several property businesses across the United Kingdom. He practised law in his family law firm until 1981 when he resigned to found Caltrust Limited, a property development company based in Scotland. David served as Executive Chairman of Caltrust Limited until 1987 when the company was acquired by Sheraton Securities International plc, following which he served as managing director of newly formed Sheraton Caltrust plc until 1990. In 1991, David founded Halladale, a business which he ran as CEO. Halladale floated on AIM in 2001 and was acquired by Stockland Corporation in 2007. In 2009, he co-founded NewRiver and has served as its Chief Executive since its IPO that year.

Mark Davies

Mr. Mark Davies serves as Chief Financial Officer of the company. Mark Davies is a Chartered Accountant who joined the Company at its inception in 2009. Mark has over 20 years’ experience in Finance, including over 10 years in the UK real estate sector. He started his property finance career with Grant Thornton before joining BDO LLP as an Audit and Corporate Finance Partner and Head of Real Estate. Prior to joining NewRiver, Mark was Chief Financial Officer of Exemplar Properties and Omega Land, a property investment and development company which was owned by Morgan Stanley Real Estate Funds. Mark has experience in many areas of property and Corporate Finance including debt and equity capital markets.

Allan Lockhart

Mr. Allan Lockhart serves as Property Director of the company. Allan Lockhart has over 25 years’ experience in the UK real estate market specialising in the retail sector. He started his career with Strutt & Parker in 1988 advising major property companies and institutions on retail investment and development. Allan was appointed as retail director to the principal trading subsidiary of Halladale (now Stockland) in January 2002 and was responsible for co-ordinating the acquisition of, and implementation of the asset management strategies in respect of, over 20 shopping centres as well as acquiring and completing several profitable retail developments. In 2009, he co-founded NewRiver and has served as Property Director since its IPO that year.

Matthew Jones

Mr. Matthew Jones serves as Company Secretary of the company. Matthew Jones is a chartered secretary with over 25 years’ experience in the profession and has been company secretary to both Main Market and AIM listed companies, as well as private group companies, He has worked across a number of sectors, including finance, private equity, consumer goods and real estate. Matthew is a Fellow of the ICSA: The Governance Institute.

Kay Chaldecott

Ms. Kay E. Chaldecott serves as Non-Executive Independent Director of the company. Kay Chaldecott has over 25 years’ experience of developing and managing regional shopping centres throughout the UK from having worked with Capital Shopping Centres Group plc (now Intu Properties plc). Kay was appointed Managing Director of the Shopping Centre business and served as a main Board Director from 2005 to 2011. Since then, Kay has pursued her Non-Executive Director’s career and is a member of the boards of St. Modwen Properties PLC and Lichfields planning and development consultancy, and is a member of the Advisory Board of Next Leadership. Kay is a member of the Royal Institution of Chartered Surveyors and has a breadth of industry knowledge covering the retail development process, retail mix and leasing and shopping centre operations.

Alastair Miller

Mr. Alastair Miller serves as Non-Executive Independent Director of the company. Alastair Miller was Chief Financial Officer of New Look Group plc from 2000 until 2014 and during that period had a range of other responsibilities in addition to finance including property, systems, company secretariat and investor relations. He was one of the MBO team who helped take the company private in 2004 and led a number of subsequent refinancings. Previously, he was the Group Finance Director at RAC for 11 years, having joined from Price Waterhouse in 1988 where he was a management consultant. Prior to that, he was Finance Director of a company within the BTR Group. Alastair qualified as a Chartered Accountant with Deloitte Haskins and Sells (now part of PricewaterhouseCoopers LLP) and holds a BSc in Economics.

Will Hobman

Basic Compensation

Name Fiscal Year Total

Paul Roy

100,000

David Lockhart

1,177,920

Mark Davies

968,706

Allan Lockhart

1,095,890

Matthew Jones

--

Kay Chaldecott

55,000

Alastair Miller

50,000

Will Hobman

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As Of  30 Mar 2017