Big Yellow co-founder to step down

Self storage company Big Yellow Group has announced that Philip Burks, one of its co-founders, is planning to retire from his role as Non-Executive Director at the annual general meeting on July 19th.

Self storage company Big Yellow Group has announced that Philip Burks, one of its co-founders, is planning to retire from his role as Non-Executive Director at the annual general meeting on July 19th.

The position will be filled by Georgina Harvey, who was the Managing Director of the Regionals division of Trinity Mirror from 2005 to 2012, overseeing its transition to a digital platform.

Nicholas Vetch, Executive Chairman, said: "Philip and I started work together in 1986 and have been in partnership now for over 25 years. It has been the best of partnerships.

"Without Philip's property skills and tenacity, Big Yellow could not have achieved a fraction of its successes. The board joins me in wishing him the best for the future."

The share price fell 1.2% to 403p by 09:22 Tuesday.

Recommended

Broker safety – your questions answered
Investment strategy

Broker safety – your questions answered

Cris Sholto Heaton answers more of your questions about the safety of stockbroker accounts
25 Mar 2020
How demographics affects stock valuations
Investment strategy

How demographics affects stock valuations

New research suggests that stock and bond valuations are driven by the age of the population – at least in the US.
24 Feb 2020
Do you own shares in Sirius Minerals? Here’s what you need to do now
Stocks and shares

Do you own shares in Sirius Minerals? Here’s what you need to do now

Mining giant Anglo American has proposed a cash takeover of Yorkshire-based minnow Sirius Minerals. Unhappy shareholders must decide whether to accept…
20 Feb 2020

Most Popular

Why we won’t see a house-price crash in 2021
House prices

Why we won’t see a house-price crash in 2021

Lockdown sent house prices berserk as cooped up home-workers fled for bigger properties in the country. And while they won’t rise quite as much this y…
18 Jan 2021
Prepare for the end of the epic bubble in US stocks
US stockmarkets

Prepare for the end of the epic bubble in US stocks

US stocks are as expensive as they’ve ever been. How can you prepare your portfolio for a bubble bursting?
18 Jan 2021
It's not just the UK – we're seeing pandemic housing booms across the globe
Property

It's not just the UK – we're seeing pandemic housing booms across the globe

Soaring house prices aren’t just a UK thing, they’re a worldwide phenomenon. And it’s no coincidence – the underlying cause is much the same. John Ste…
18 Jan 2021