St. Modwen Properties PLC, the UK’s leading regeneration specialist, is pleased to announce the appointment of Kay Chaldecott as a non-executive Director with immediate effect.
Kay (aged 50) has a long and distinguished career in the UK retail property sector. A chartered surveyor, Kay spent 27 years at Capital Shopping Centres Group PLC (“CSC”) where she became Managing Director and an Executive Board Director before stepping down in September 2011 to seek other business opportunities.
Having joined CSC as a graduate, Kay progressed through a range of disciplines, including Group Manager of CSC’s Southern Portfolio and Property Director. Promoted to Managing Director in 2005, Kay was responsible for the overall running of CSC’s asset, property management and centre operations as well as overseeing shopping centre development and leasing. She is highly experienced in working with local authorities, retailers and tenants.
Kay is also a non-executive director of NewRiver Retail Limited, the AIM-listed specialist REIT.
Bill Shannon, Chairman of St. Modwen Properties PLC, said:
“I am delighted to welcome Kay to the Board. Her extensive knowledge and experience of the UK property industry will provide additional expertise and enable her to make a significant contribution to the Board and the Company.”
There is no further information that is required to be disclosed under paragraph 9.6.13R of the Listing Rules of the UK Listing Authority.