Marsh & Parson – Peter Rollings leaves:

A well known name and face within the UK property industry has decided it is time to retire from his role as CEO of Marsh & Parsons.

Peter Rollings commented on his decision to retire stating he was fortunate to be CEO of Marsh & Parsons and that they were able to grow the brand to be on of London’s leading Estate Agencies and that it holds great potential for future further growth.

 

David Brown will be the new CEO as from today, appointed by LSL whom he had been with for 24 years with strong industry experience. LSL reported the news to The City where an article was released at 9:45AM – Full report is here.

Peter leaves Marsh & Parsons varied agreed payments to include £5m + initial deferred payment. He will also take on a role of brand ambassador for the group.

Marsh & Parsons articles of association includes a put option, which Rollings has exercised and which results in the transfer of his Growth Shares to LSL. The exercise also results in the redemption of the 2011 loan note.” Quoted from StockMarketWire.com website.

 

Christopher Walkey

Founder of Estate Agent Networking. Internationally invited speaker on how to build online target audiences using Social Media. Writes about UK property prices, housing, politics and affordable homes.

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