Hammerson Chairman to be succeeded by Sainsbury's head

John Nelson, the Chairman of FTSE 100 real estate investment trust Hammerson is to retire from the company this spring and will be succeeded by Sainsbury's Chairman David Tyler.

John Nelson, the Chairman of FTSE 100 real estate investment trust Hammerson is to retire from the company this spring and will be succeeded by Sainsbury's Chairman David Tyler.

Nelson, 64, has been working on the board of Hammerson since May 2004 and has previously held positions on the boards of other blue-chip companies including Kingfisher, BT Group, Cazenove Group, JPMorgan Cazenove, Woolwich plc and English National Opera. He was appointed as Chairman of Lloyd's of London in October 2011.

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