Town Centre Securities PLC Directorate Change (4649D)
27 April 2017 - 4:02PM
UK Regulatory
TIDMTOWN
RNS Number : 4649D
Town Centre Securities PLC
27 April 2017
Town Centre Securities plc
(or 'the Company')
Directorate Change
Appointment of Mark Dilley as Group Finance Director
Town Centre Securities, the property developer, investor and car
park operator, is pleased to announce the appointment of Mark
Dilley as its new Group Finance Director; he will join the Board on
10 July 2017. Duncan Syers, the Company's current Finance Director,
will retire from the Board and the Company, with the intention of
pursuing his own business interests.
Mark joins Town Centre Securities from Asda Stores Limited (part
of Walmart) where he has held a number of senior finance roles over
the last fourteen years, including most recently as Vice President,
Retail and Property Finance where he was responsible for all Asda
stores and distribution centres as well as new store acquisitions.
Prior to Asda, Mark held senior finance positions at JP Morgan in
London for six years. Mark is a graduate of the University of
Oxford and is a qualified accountant.
Duncan has had a long and distinguished career at Town Centre
Securities; he served as the Company's Finance Director between
1993 and 2001, leaving following the successful disposal of the
original car parking business to pursue his own business interests.
He then re-joined the Company to advise on the expansion of its new
car parking business, CitiPark, before becoming Finance Director in
April 2014.
Edward Ziff, Chairman and Chief Executive of Town Centre
Securities said:
"We are delighted to have identified such a high-quality
candidate as Mark Dilley to join Town Centre Securities. He has had
a successful career at Asda, combining his core finance role with
significant retail property experience; we believe this will be
invaluable as we embark on the next stage of the Company's growth
and as we continue to focus on the active management of our
portfolio, whilst pursuing attractive development
opportunities.
"On behalf of the Board, I would like to personally thank Duncan
Syers for his long-standing contribution to Town Centre Securities;
he has played a significant role in developing our car parking
business through two phases of expansion, whilst shepherding the
Company through challenging economic times. We wish Duncan well in
all of his future endeavours."
There are no matters in connection with this appointment to be
disclosed under section 9.6.13 of the Listing Rules of the UK
Listing Authority.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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