The Board of Canary Wharf Group plc (the “Board”) has been informed by Sir Martin Jacomb that he is retiring as a director and is also standing down as Chairman of the Company with immediate effect. The Board has agreed to appoint George Lacobescu as Chairman and Chief Executive.
Sir Martin has been a director of the Company since 1999 including the past seven years as Chairman. The Board thanks Sir Martin for his invaluable leadership and counsel during his time as both director and Chairman.
Sir Martin Jacomb said “During my twelve years on the Board, seven as Chairman, Canary Wharf has almost trebled in size and has proved an outstanding success for London and the UK. I am confident that the Company is in safe hands and is well-positioned to deliver further development and growth”.
Source: Canary Wharf Group plc