Directors Biographies
Paul Roy
Non Executive Chairman
Paul Roy co-founded NewSmith Capital Partners, an independent investment management firm, in 2003. Prior to this, he was Co-President of the Global Markets and Investment Banking division at Merrill Lynch, an Executive Vice President of Merrill Lynch & Co., Inc. Paul is Chairman of the British Horseracing Authority and is a member of the Horserace Betting Levy Board.
Paul chairs the Remuneration Committee and Nomination Committees.
David Lockhart
Chief Executive
David Lockhart is a qualified Solicitor and Chartered Accountant and has over 30 years’ operating experience in the UK real estate market. David is an experienced and successful entrepreneur, having founded several property businesses across the United Kingdom. In 1991, David founded Halladale, a business which he ran as CEO. Halladale floated on AIM in 2001 and was sold to Stockland Corporation in May 2007. At the time of Halladale’s sale to Stockland, it had been grown to a business with total assets under management of circa £1.5 billion. In 2009 he founded NewRiver Retail Limited.
David sits on the Nomination Committee.
Allan Lockhart
Property Director
Allan has over 20 years’ experience in the UK real estate market specialising in the retail sector. He started his career with Strutt & Parker in 1988 advising major property companies and institutions on retail investment and development. In January 2002, Allan was appointed as retail director to Halladale and was responsible for coordinating the acquisition and implementation of the asset management strategies of over 20 shopping centres as well as acquiring and completing several profitable retail developments.
Allan sits on the Nomination Committee.
Mark Davies
Finance Director
Mark Davies has over 10 years experience in the UK real estate market. He started his property finance career with Grant Thornton before joining Pannell Kerr Foster (PKF) as a Partner and Head of Real Estate. Prior to joining NewRiver as Finance Director in October 2009 Mark was Chief Financial Officer of Exemplar Properties and Finance Director of Omega Land, a £500 million property joint venture with Morgan Stanley. Mark has experience in many areas of property finance including debt restructuring, hedging, UK-REITs, convertible loans and originating senior debt on investment and development property.
Mark sits on the Nomination Committee.
Nick Sewell
Executive Director
Nick is a qualified chartered surveyor with over 14 years of retail commercial property experience. Specialising in high street, shopping centre and foodstore investments Nick has provided investment valuation and strategic advice around the acquisition and sale of property assets. Nick spent five years at Dalgleish, the specialist property consultancy and following its acquisition by CB Richard Ellis in 2005 he spent four years as a Director in Retail Capital Markets.
Nick sits on the Nomination Committee.
Charles Miller
Development Director
Charles Miller joined the NewRiver board as Development Director in April 2012 with over 25 years of retail property experience. As former head of development of the retail property team at Jones Lang LaSalle, Charles specialises in retail regeneration and development having spent 17 years at property consultant King Sturge where he became head of retail and an equity partner. Charles currently sits on the advisory board of the British Council of Shopping Centres and chairs the Urban Regeneration Committee.
Charles sits on the Nomination Committee.
Chris Taylor
Non Executive Director
Chris has a wealth of property knowledge over 24 years’ experience. He is currently CEO of Hermes Real Estate. Chris was the former head of European Property for QIC Australia and previously Director & Head of European Property at HSBC. He spent 17 years post qualification at Prudential where he was Director of Investments. Chris is Chairman of MEPC, Director of the Kings Cross Central Board and member of the Policy Committee of BPF. Other industry related roles include Chairman of the Advisory Board to the ING Britannica Fund, Founder Board Member of INREV, member of BCSC, member of IPF International sub-committee and a member of London First Retail Commission. He is a member of RICS.
Chris chairs the Audit Committee and sits on the Remuneration Committee.
Kay Chaldecott
Non Executive Director
Kay Chaldecott has over 27 years’ experience of developing and managing regional shopping centres throughout the UK. She has served as Board Director for Capital Shopping Centres Group PLC since 2005. Kay is qualified through BSc Estates Management and is a member of MRICS. Kay has a breadth of industry knowledge including sector, development process, tenant mix, retail/leasing, proven ability to identify right sites.
Kay sits on the Audit and Remuneration Committees.
Andrew Walker
Non Executive Director
Andrew is Managing Director and head of Forum Partners’ European team. As a co-founder of Forum Partners, he has enjoyed a 24-year career in real estate securities analysis and investment. Previously, he was a Vice President with Security Capital Group, a senior officer of SC European Realty, a $1.5 billion European real estate partnership and a director of London and Henley S.A. Andrew was a leading property analyst in the UK and Continental Europe, working for Paribas Capital Markets and prior to that, S.G. Warburg Securities (Japan) Ltd. He is a member of the Royal Institution of Chartered Surveyors.
Andrew sits on the Audit, Remuneration and Nomination Committee.
