Paul Williams has been in post at developer since 2019
London developer Derwent has said its chief executive Paul Williams is leaving the business after nearly 40 years at the firm.
Williams was appointed to the top role in 2019, having been an executive director since 1998.
Derwent chairman Mark Breuer said: “I would like to thank Paul for his dedication and commitment over the last 38 years. During his distinguished career, including his tenure as Chief Executive, he has made an outstanding contribution to Derwent London.”
Williams added: “I am very proud of what we have achieved, positioning the business with world class assets in prime locations across London, attracting sustained and strong occupational demand.”
Derwent’s most recent schemes include the Network Building built by Kier and 25 Baker Street built by Laing O’Rourke. Multiplex is carrying out work on another Derwent scheme at 50 Baker Street.
Derwent said the search for Williams’ replacement had begun and he will step down once a replacement has been found.
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