McKay shakes up board

McKay Securities has promoted Tom Elliott to the board as an executive director, as the group shakes up its top table.

Elliot, aged 42, joined McKay in September 2016 as property director following 11 years with Land Securities, most recently as head of investment, London. He will take up his new role on 1 April.

This appointment is accompanied by two non executive board changes, marking the conclusion of the succession planning undertaken by McKay over recent years.

Viscount Lifford will retire from the board and its committees in September 2017. Jon Austen, who joined the board in July 2016 and is currently chief financial officer of Audley Court will succeed Lifford as senior independent director with effect from 1st April 2017.

Additionally, Jeremy Bates will succeed Nigel Aslin as chairman of the nomination committee with effect from 1 April. 

Richard Grainger, chairman of McKay, said: “Tom Elliott’s promotion to the board reflects not only the strength of his own experience and capabilities, but also the business’s development to date and momentum that exists within McKay.

“As the recent trading update highlights, McKay continues to make substantial progress, in terms of leasing, development and disposal activity, positioning the business as the leading listed company focused on London and the South East.” ​

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