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.
Alan 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.
Peter Tom CBE
Non Executive Director (Independent)
Peter Tom has spent his career in the aggregates industry having originally joined Bardon Hill Quarries Limited in 1956. Peter is currently chairman of building materials group, Breedon Aggregates and was chief executive of Aggregate Industries, responsible for negotiating its sale to Holcim for £1.8 billion in 2005. Peter has been chairman of Leicester Football Club (Leicester Tigers) for 17 years and made 130 appearances for the club between 1963 and 1968. Peter was awarded a CBE for services to Business and Sport in 2006 and has an Honorary Degree from De Montfort University. Peter is also Chairman of Leaf Clean Energy and is a non-executive director of several other companies.
Peter is also Chairman of Leaf Clean Energy and is a non-executive director of several other companies.
Susie Farnon
Non Executive Director (Independent)
Susie Farnon was a Banking and Finance Partner with KPMG Channel Islands from 1990 until 2001. She has served as president of the Guernsey Society of Chartered and Certified Accountants and as a member of The Guernsey Audit Commission and The Guernsey Public Accounts Committee. She is a Commissioner of The Guernsey Financial Services Commission and a director of a number of private property and investment companies. She is a Non Executive Director of Cenkos Channel Islands Limited and other regulated and listed funds.
Susie chairs the Audit Committee and sits on the Remuneration Committee.
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 and Remuneration Committees.Andrew sits on the Audit, Remuneration and Nomination Committee.
