Calthorpe Estates has announced that Mark Lee is being appointed as its new Chief Executive.
Mark Lee will take on the new role from 1st September 2012 in succession to Richard Allen, who will be retiring.
Mark joined Calthorpe Estates in 2008 as Chief Financial Officer following a career in business and finance in London and the Midlands. Having qualified as a Chartered Accountant, he subsequently specialised in property and corporate finance, and headed a leading Mergers and Acquisitions team in the Midlands before becoming Group Finance Director for several plc’s.
In the new role he takes on the responsibility of the overall management of the Calthorpe Estate, which is one of the UK’s largest urban estates. Mark Lee said:
“I am excited to be taking over the leadership of this unique Estate at a time when there is a high level of new development taking shape. Pebble Mill Birmingham is moving forward as a specialised medical campus, we have substantial retirement housing schemes underway, and the Morrisons scheme will have a positive impact on the regeneration of the commercial heart of Edgbaston when it completes this Autumn. We will continue the sustainable regeneration of the Calthorpe Estate to maintain and enhance it as one of the best locations in the UK.”
Rod Kent, Chairman of Trustees for Calthorpe Estate said:
“The Trustees and Calthorpe Estates are pleased to welcome Mark into the role of Chief Executive. Mark has a wealth of business experience and will bring his own vision to the Estate.
We are immensely grateful to Richard Allen for his contribution over the 16 years of his office and wish him a long and happy retirement.”
Richard Allen added:
“I am delighted Mark has been appointed. His knowledge and expertise will mean there is strong continuity, while I know Mark will take the business forward.”
