– UK, Gwynedd – Watkin Jones plc (LON: WJG) today announced the appointment of Rachel Addison to its Board as a non-executive director effective from 1 April 2022.
The company also announced the retirement of Simon Laffin from the Board on 1 August 2022. Upon his retirement, Rachel will take up the role of Chair of the Audit Committee.
“I am delighted to welcome Rachel to Watkin Jones. Rachel has strong financial, operational management and Board experience, and I believe this will add considerable value to the Group,” said Board Chair, Alan Giddins.
Rachel Addison will also join the Audit, Remuneration, and Nomination Committees.
About Rachel Addison
Rachel Addison was CFO of Future plc, the listed global platform business for specialist media, until 2021. Before this, she was CFO of TI Media Limited and held various senior financial, operational, and board-level roles at Trinity Mirror Regionals, Local World Limited, Northcliffe Media Limited, and Boots the Chemist where she was Head of Risk Management. Rachel qualified as a chartered accountant at Arthur Anderson.
Rachel is a non-executive director of Marlowe plc, the business-critical services and software provider, Hyve Group plc, an in-person and digital international B2B events business, and Mango Publishing Group, an independent book publisher. She is chair of the Audit Committee at Marlowe plc and chair of the Remuneration Committee at Hyve Group plc.
About Watkin Jones
Watkin Jones is the UK’s leading developer and manager of residential for rent, with a focus on the build to rent, student accommodation, and affordable housing sectors. The Group has strong relationships with institutional investors, and a reputation for successful, on-time delivery of high-quality developments. Since 1999, Watkin Jones has delivered 46,000 student beds across 136 sites, making it a key player and leader in the UK purpose-built student accommodation market, and is increasingly expanding its operations into the build to rent sector. In addition, Fresh, the Group’s specialist accommodation management business, manages over 22,000 student beds and build rent apartments on behalf of its institutional clients. Watkin Jones has also been responsible for over 80 residential developments, ranging from starter homes to executive housing and apartments.
The Group’s competitive advantage lies in its experienced management team and capital-light business model, which enables it to offer an end-to-end solution for investors, delivered entirely in-house with minimal reliance on third parties, across the entire life cycle of an asset.
For more information : https://www.watkinjonesplc.com
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