Jan 28, 2004
Slough Estates today announces the appointment of Andrew Palmer, Group Director (Finance) of Legal & General Group Plc and Christopher Peacock, former Chief Executive of Jones Lang LaSalle, as independent non-executive directors.
Chairman of Slough Estates, Sir Nigel Mobbs, commented: "I very much welcome the appointment of both Andrew and Chris whose experience and knowledge will greatly strengthen the Board and bring benefit to the business".
Background Notes
Andrew Palmer is a Chartered Accountant aged 50. He is currently Group Director (Finance) with Legal & General Plc. Since joining Legal & General in 1988 he has held a number of financial and operational roles in the Asset Management, Insurance and International businesses.
Christopher Peacock is a Chartered Surveyor aged 58. Until the beginning of 2004 he was President and Chief Executive Officer of Jones Lang LaSalle. He joined Jones Lang Wootton in 1972 and was made partner in 1974; he rose to being the European Chief Executive in 1996 and Jones Lang Wootton's first global Chief Executive in 1997. In 1999 he became Chief Operating Officer and subsequently CEO of the NYSE listed company, Jones Lang LaSalle.
Slough Estates is a leading provider of flexible business space in business parks in Western Europe and North America, with some 1,800 customers occupying 2.9 million square metres of business space, with a total value of £3.8 billion. Slough Estates' properties are in suburban locations in close proximity to the main business centres, where there is long term demand for business accommodation to serve these key economic regions. The company's main activities are currently based around London, Brussels, Paris, Düsseldorf, San Francisco and San Diego and the company continues to develop new business parks with the long term objective of building shareholder value and enhancing its reputation for quality buildings offering excellent value to customers.
For further information, please contact:
Sir Nigel Mobbs, Slough Estates Tel: 01753 537171
Andrew Best / Emily Bruning, Shared Value Ltd Tel: 0207 321 5022/ 5027