{"id":163903,"date":"2021-01-15T10:57:26","date_gmt":"2021-01-15T10:57:26","guid":{"rendered":"https:\/\/www.theindustry.fashion\/hammersons-james-lenton-to-step-down-from-role-as-cfo\/"},"modified":"2021-08-06T12:09:53","modified_gmt":"2021-08-06T12:09:53","slug":"hammersons-james-lenton-to-step-down-from-role-as-cfo","status":"publish","type":"post","link":"https:\/\/www.theindustry.fashion\/hammersons-james-lenton-to-step-down-from-role-as-cfo\/","title":{"rendered":"Hammerson's James Lenton to step down from role as CFO"},"content":{"rendered":"

Shopping centre owner Hammerson has confirmed that James Lenton is to step down as Chief Financial Officer<\/strong> after only 15 months in the role.<\/span><\/p>\n

The retail property giant confirmed that the board has already commenced a search for his successor and Lenton will continue as Chief Financial Officer<\/strong> and as an Executive Director of the Company until his successor has joined.<\/strong><\/span><\/p>\n

In October 2020,\u00a0Hammerson has told investors it only collected 38% of its UK rents<\/a> due for the current quarter after shop tenants were hit by the pandemic.<\/p>\n

The company, which owns Birmingham\u2019s Bullring<\/a> among others, said it collected 41% of rents across the global business.<\/p>\n

Only in September had Hammerson appointed new CEO Rita-Rose Gagn\u00e9<\/a>, who took over the role from David Atkins.<\/p>\n

James Lenton said: \"Following successful completion of the rights issue, VIA Outlets disposal and induction of the new Chair of the Board and CEO, I feel now is the right time to look for a new opportunity. I remain fully committed in the role until my successor is in place.\"<\/span><\/p>\n

Rita-Rose Gagn\u00e9, Chief Executive Officer, added: \"James was instrumental in navigating and conducting the rights issue and VIA Outlets disposal.<\/strong> I am grateful for his support and commitment to continue until his successor joins. We wish him well for the future.\"<\/span><\/p>\n

\"\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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