NewRiver REIT PLC David Lockhart (7830A)
01 October 2020 - 6:00PM
UK Regulatory
TIDMNRR
RNS Number : 7830A
NewRiver REIT PLC
01 October 2020
NewRiver REIT plc
("NewRiver" or the "Company")
David Lockhart
The Company wishes to announce the very sad news of the passing
of David Lockhart, co-founder of NewRiver.
David was an entrepreneur, family man and inspirational leader.
He was highly respected across the industry, and in a long and
varied career set up three successful businesses. David was
particularly proud of NewRiver, which he founded with Allan
Lockhart and Mark Davies in 2009. He played a major part in
creating the group that is now a leading retail and community pub
specialist with a portfolio valued at GBP1.2 billion, before
stepping down as Chief Executive in 2018.
In additional to exceptional business acumen, David had a great
passion for property and people. He firmly put people at the core
of everything he did and was very generous with his time,
developing and shaping so many careers and a legacy culture that
the Company and its stakeholders will always benefit from. David
will be greatly missed by many of his current and former
colleagues, close advisors and a wide range of industry contacts, a
large number of whom became close personal friends over the
years.
Baroness Ford, Non-Executive Chairman said: "We are deeply
saddened by this news, and the thoughts of everyone at NewRiver are
with David's family and friends. David was a formidable business
leader, with a long and distinguished career that saw him found a
string of successful businesses, including NewRiver, which he
successfully guided from its GBP25 million IPO on the Alternative
Investment Market in 2009 to become a FTSE 250 company. As a
much-loved member of the NewRiver team, David will be remembered
for his warmth and good humour as much as for his wisdom and sharp
intellect. Having known David for many years, I deeply valued his
friendship and wise counsel, and will miss him dearly."
For further information
NewRiver REIT plc +44 (0)20 3328 5800
Tom Loughran (Head of Investor
Relations)
Finsbury +44 (0)20 7251 3801
Gordon Simpson
James Thompson
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END
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