Simon Carter to move to new chief executive post after serving 12-month notice period
British Land has announced that its chief executive will be leaving the company to join a logistics developer.
Simon Carter has spent 18 years at the developer, joining in 2004 and working in several roles across strategy, corporate finance and treasury before leaving in 2015 to become chief financial officer at London residential developer Qunitain and then logistics firm Logicor.
He rejoined British Land as chief financial officer and was made chief executive officer in 2020.
After serving his 12-month notice period, Carter will become chief executive of P3 Logistics Parks, an investor, manager and developer of European logistics properties, which is owned by the Singaporean sovereign wealth fund, GIC Private Ltd.
British Land chair William Rucker said Carter had “achieved a huge amount” over his two stints with the company.
“As CEO has positioned the business for future success with a very strong management team and an exceptional London office campus and retail park platform,” he said.
Carter added: “British Land has been a huge part of my professional life, and it has been a privilege to work for such a fantastic business.
“The contrarian calls we made post-pandemic have positioned British Land for long-term success.”
British Land said its board would “run a full process” to appoint a successor.
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