Property advisor Savills has announced that Stacey Cartwright will succeed Nicholas Ferguson as Chair when he retires from the Board at the end of this year.

Stacey has been an independent non-executive director of Savills since October 2018, and Senior Independent Director since January 2021. She brings extensive leadership experience, having been Chief Executive Officer and subsequently Deputy Chair of Harvey Nichols plc (2014-18), Executive Vice President and Chief Financial Officer of Burberry plc (2004-13) and Chief Financial Officer of Egg plc (1999-2003). Stacey is also currently a non-executive director of AerCap Holdings N.V., Genpact Ltd, Gymshark and Majid al Futtaim (MAF) Entertainment.

-- Advertisement --

Mark Ridley, Chief Executive Officer, said: "On behalf of everyone at Savills I thank Nicholas for his leadership of the Board since 2016 and for the huge contribution he has made to the development of the Company over the past seven years. We wish him all the best for the future.

"I am delighted that Stacey will be Savills next Chair. I greatly look forward to her continued contribution and guidance as we seek to deliver the Group’s long-term strategic objectives."

Nicholas Ferguson said: "I am delighted that Savills has appointed Stacey Cartwright to succeed me as Chair. Over the last seven years, the Group has made huge progress and I am proud of the strong platform for future growth that we have built."