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Lawrence Hutchings, Managing Director of property company Hammerson's UK retail operations, is to step down from the business at the end of September for family reasons.
Lawrence, a member of Hammerson's Group Executive Comittee, will be taking a sabbatical to spend more time with his family in Australia.
The heads of the the three operational divisions of the UK retail business will now report directly to David Atkins, Chief Executive of Hammerson.
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Martin Plocica will become Director, UK Shopping Centres; Andrew Berger-North remains Director, Retail Parks and Simon Travis will continue to be responsible for managing Hammerson's investment in Value Retail.
JH
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
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