For Immediate Release |
1 May 2015 |
LSL Property Services plc
("LSL" or "the Group")
Non-Executive Appointment
LSL Property Services plc announces the appointment of David Stewart to the Board of LSL as a Non-Executive Director, with immediate effect. David also joins LSL's Nominations, Remuneration and Audit Committees.
David joins LSL with significant experience in strategy, operations, sales and marketing, finance and governance, particularly in the financial services sector. This includes his current appointments as a non-executive director on the boards of Marks & Spencer Bank, Irish Bank permanent tsb and Unum Limited.
David was previously Chief Executive of Coventry Building Society (July 2006 to March 2014). David, originally from Manchester, studied economics and politics at Warwick University and qualified as a Chartered Accountant with Peat Marwick (KPMG).
Simon Embley, Chairman of LSL, commented:
"As announced in our preliminary results in March, we commenced a process to appoint an additional non-executive to the Board and we are delighted that David Stewart has agreed to join the Board. We are confident that he will make a valuable contribution to the Board at a time when the Group is well positioned to capitalise on the changing market conditions to increase shareholder value."
No other information is required to be disclosed pursuant to paragraph 9.6.13 of the Listing Rules of the Financial Conduct Authority.
For further information, please contact: |
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Andrew Burchall, Interim Group Finance Director |
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LSL Property Services plc |
0207 382 0360 |
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Richard Darby, Sophie McNulty, Sophie Cowles |
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Buchanan |
0207 466 5000 |
Notes to Editors:
LSL Property Services plc is a leading provider of residential property services to its two key customer groups. Services to consumers include: residential sales, lettings, surveying and advice on mortgages and non-investment insurance products. Services to mortgage lenders include: valuations and panel management services, asset management and property management services. For further information, please visit our website: www.lslps.co.uk.
