Segro’s COO to step down

UK REIT Segro announced on Thursday that Andy Gulliford is to retire from the business in 2023.

Gulliford joined the business in 2004 and has held a variety of important executive roles, culminating in his being appointed Chief Operating Officer in 2011 and joining the Board in 2013.

‘A process will be undertaken to identify potential successors and a further announcement concerning the date of Andy’s retirement will be made in due course, allowing for an orderly transition of his responsibilities,’ Segro said in a statement.

Commenting on Gulliford’s planned retirement, David Sleath, Group Chief Executive said: ‘At a personal level, Andy has provided tremendous support to me and the Board and, throughout the organisation, he is regarded as a wonderful colleague to work with. He will retire with our very best wishes for the future.’

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