British Land announces City veteran as chair
British Land has announced that City banking veteran William Rucker will succeed Tim Score as chair later this year.
Score will step down from the position in July, after five years as chair and 10 years on the board.
Rucker was most recently chair of Lazard, an investment bank focused on asset management and financial advisory businesses, having joined in 1987 from Arthur Andersen, where he qualified as a chartered accountant. He has experience within the real estate sector, having previously been chair of Crest Nicholson holdings from 2011 to 2018, and Quintain Estates and Development – where British Land’s CEO Simon Carter was previously finance director – from 2009 to 2015.
He will step down from his current position as chair and as a member of the board of Marston’s prior to taking on the position at British Land. Since January 2023, Rucker has also been the chair of Intermediate Capital Group.
Tim Score said “I am very proud to have served as chair of British Land and am pleased to hand over to someone of William’s calibre and experience to steer the business through its next chapter. I am confident he will provide the board with strong and effective leadership and will be a great support to Simon and the executive team”.
William Rucker, added “I have long admired British Land as a company with a terrific heritage and am delighted to be taking on the role of chair. It is a fantastic business with a strong track record and a highly effective team at its helm. I look forward to working with the board and the team as we take the business forward”.
Simon Carter added: “I am hugely grateful to Tim for his advice and support during his tenure as chair. British Land has benefitted greatly from his expertise and guidance over his ten years on the board.
“I am very much looking forward to working with William again. He has extensive relevant experience, having chaired both public and private UK real estate businesses. His insights will be invaluable as we continue to execute our value add strategy and look to seize growth opportunities in the portfolio and those emerging in the market”.