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LONDON - Great Portland Estates plc (GPE) announced Thursday that Chief Financial & Operating Officer Nick Sanderson will be leaving the company to take up the position of Chief Financial Officer at Savills plc.
The board has begun the search for Sanderson’s successor, with the departing executive remaining in his current role to support an orderly transition while the search progresses. The company stated that a further announcement regarding his departure date will be made in due course.
Sanderson has been with GPE for fourteen years, during which time he has overseen financial operations and various operational matters, including the recent growth of the company’s Fully Managed activities.
GPE Chief Executive Toby Courtauld acknowledged Sanderson’s contributions, noting that he "has been a highly regarded leader and partner" who "played a key role in maintaining strong financial discipline across the business."
William Eccleshare, Chair of GPE, thanked Sanderson for his contribution to the company and wished him well in his future endeavors.
Commenting on his departure, Sanderson expressed pride in his role developing GPE’s customer offerings and operating capabilities, and in "building GPE’s outstanding platform for growth."
The announcement was made in a company press release issued by Great Portland Estates, which is listed on the London Stock Exchange.
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