Ford changes gear
Published: 13 April, 2017
Mall Fund veteran to step down at Capital & Regional
Ken Ford, executive director at Capital & Regional has made the decision to step down from the board on 9 May 2017 at the time of the company’s AGM.
Ford will remain with Capital & Regional on a full-time basis and continue to lead a number of key development initiatives until 31 December 2017, at which point it is expected he will become an advisor to the company. Earlier ths year C&R announced that Lawrence Hutchings would be joining as its new chief executive.
Outgoing chief executive Hugh Scott-Barrett said: "Having been with Capital & Regional for 20 years, Ken's contribution to the development of the business cannot be overstated. Not only was he the driving force behind the very successful growth of the Mall Fund but he has also played a significant role in the reshaping of Capital & Regional since converting to a REIT at the end of 2014. Ken has built a strong team and I am pleased he will remain involved to help ensure a smooth transition and to support Lawrence in the commencement of his role as chief executive. I would like to thank Ken on behalf of all who work at Capital & Regional."