Land Securities announces that Stacey Rauch (53) will join the Board as a non-executive director on 1 January 2012.
Ms Rauch is a Director Emeritus of McKinsey & Company where she worked in the United States of America for 24 years. There she was a founding partner of the New Jersey office and the first woman to be appointed as an industry practice leader. She was a leader in the firm’s Retail and Consumer Goods Practices, served as the head of the North American Retail and Apparel Practice and acted as the Global Retail Practice Convener. She retired from McKinsey & Company in September 2010.
Her career with McKinsey saw her consult to a wide range of retailers, apparel wholesalers and consumer goods manufacturers. She is currently a non-executive director of Ann Inc, (a listed American women’s speciality apparel retailer) and the Tops Holding Corporation, (the parent company of Tops Markets LLC, a US grocery retailer).
Commenting on the appointment, Land Securities’ Chairman, Alison Carnwath said:
“Stacey has a broad business experience and a deep knowledge of retail from an international perspective which will complement the existing skills and outlook of the board. I look forward to her joining in the New Year.”
Additional Information – Other than as set out above there are no items requiring disclosure under paragraph 9.6.13 of the UKLA’s Listing Rules
For further information, please contact:
Donal McCabe Land Securities
Tel: 020 7413 9000
John Sunnucks / David Allchurch
Tel: 020 7353 4200