Segro has appointed Taylor Wimpey Housing Chief Executive Ian Sutcliffe as its new UK head. He will replace John Heawood as managing director, UK property, when he steps down in July this year, and will join the main board, responsible for Segro’s UK operations.
Segro are upbeat about the appointment, saying they have a good businessman with strong insight into the Property Sector.
It may be significant that his main job at Taylor Wimpey lately has been to assimilate the former George Wimpey and Taylor Woodrow housebuilding businesses. Segro has been linked with acquisitions itself.