Scott Parsons steps down as MD of Landsec retail portfolio

Land Securities Group announced on Tuesday that Scott Parsons has resigned from his role as managing director of the company’s retail portfolio.

The FTSE 100 firm said he was stepping down from the board with immediate effect.

Under the terms of his service agreement, Parsons had a notice period of 12 months, and would remain with Landsec to assist in the transition to his successor.

For the time being, the retail portfolio would report to chief executive Robert Noel until a replacement was appointed.   

“Scott has made a significant contribution to Landsec since 2010,” said Robert Noel.

“On behalf of everyone at Landsec, I would like to thank him for his leadership of the retail team and for being part of the executive committee.

“On a personal note, I have enjoyed working with Scott over many years. We wish Scott all the best in his future career.”