LONDON, UK: Watkin Jones announced the appointment of Alex Pease as Chief Executive Officer (CEO’ with immediate effect.
Alex Pease joined Watkin Jones in 2010 and took on the role of Group Investment Director in 2013. He was appointed Chief Investment Officer in 2021 and joined the Board in 2022.
Since 19 July 2023, Alex has been the Interim CEO, leading the business through a critical period during which the markets in which the Group operates have faced significant challenges. During this time, the Group under Alex’s leadership has successfully concluded the sale of three non-core Private Rented Sector assets, taken action to better align its cost base and made progress against a number of important operational initiatives.
Alex will provide updates on these actions, together with his strategic plan for Watkin Jones, in January 2024 alongside the full year results for the Group.
Alan Giddins, Chair, said: “The Board is delighted to announce Alex’s appointment as our new CEO. Over the last four months, as Interim CEO, Alex has shown his ability both to lead Watkin Jones and think strategically about the future direction of the business. While the Board ran a full search process, which included a number of strong external candidates, it was clear that Alex was the outstanding candidate for the role. I and the Board very much look forward to working with Alex and the rest of the executive team to deliver on the full potential of Watkin Jones.”
Alex Pease, CEO, commented: “I am delighted and honoured to be given the opportunity to lead Watkin Jones as CEO. Watkin Jones is a fantastic business, with talented and dedicated employees.
The PBSA and BTR sectors are amongst the most attractive asset classes in real estate and whilst we continue to face short term macro-economic headwinds, I have no doubt about our ability to navigate through these successfully and return the Group to profitable growth.”
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