IN BRIEF: Derwent London CEO Paul Williams to depart after 7 years

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Derwent London PLC - London office-focused real estate investment trust - Chief Executive Paul Williams plans to leave, but will remain in his role until a successor is appointed. Williams, in charge since 2019, continues to focus on ‘driving the performance of the business’ during the transition, Derwent says. Chair Mark Breuer is leading the search for a new CEO. Williams says: ‘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.’

Current stock price: 1,944.00 pence, up 3.0% in London

12-month change: up 3.3%

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