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LONDON - Hammerson (LON:HMSO) plc, the prominent UK-listed property management firm, has announced that its Chief Executive Officer, Rita-Rose Gagné, plans to retire in 2026. The company confirmed Wednesday that Gagné will continue to lead the company for the next 12 months, ensuring a stable transition as Hammerson begins the search for her successor.
Chair of Hammerson, Robert Noel, expressed gratitude for Gagné’s leadership since her tenure began in November 2020, highlighting her role in the company’s significant turnaround. Under her guidance, Hammerson has become the largest UK-listed entity exclusively managing prime retail and leisure destinations, poised for continued growth and value creation.
Gagné remarked on her upcoming departure, noting her pride in the company’s transformation during her time at the helm, which included a cultural shift, strengthened balance sheet, and portfolio enhancement. She emphasized the company’s current strong position and the momentum it has for future sustainable value creation.
The Board will undertake a comprehensive recruitment process to find a new CEO and will provide updates on the transition and the effective date of Gagné’s step down from the Board. Details of her remuneration arrangements upon departure will be disclosed on Hammerson’s website in line with the Companies Act 2006.
This announcement, based on a press release statement, marks a significant moment for Hammerson as it prepares for a change in leadership while continuing its strategic growth initiatives.
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