The directors are all independent of the management company and meet regularly to
consider investment strategy and to monitor performance. All directors are independent
of the manager and are members of the Audit and Management Engagement Committees.
Chairman
Peter Salsbury,
age 61, retired in 2000 as
Chief Executive of Marks and Spencer p.l.c.
He now has a Management Consultancy
practice specialising in Executive Coaching
and Strategy. Additionally he serves on the
Council and Strategy Committee of City and
Guilds. He was appointed a director of
Highway Insurance Holdings plc on 28 March
2006. During his 10 years on the Board at
M&S his responsibilities included Commercial
Estates, Retail Operations, H.R. as well as
Sales and Marketing. He also served on the
Board of M&S Financial Services for 5 years.
From 1992 until 1995 he was a Director of
NORWEB plc. He joined the Board of TRPIT
in 1997, and succeeded as Chairman on
26 July 2004.
Board
Caroline Burton,
age 61, joined the Board of
TRPIT in June 2002. She joined Guardian
Royal Exchange plc’s Investment Department
in 1973 and remained with the group until
1999. From 1987 she was Managing Director
of Guardian Asset Management and from
1990 to 1999 Executive Director –
Investments of the parent company. She is a
non-executive director of Rathbone Brothers
plc and Teesland Advantage Property Income
Trust Limited. She is also a Member of the
Management Committee of Hermes Property
Unit Trust. She advises a number of pension
funds and charities.
Richard Stone,
age 68, was Deputy
Chairman of Coopers and Lybrand (C&L;) in
1998 and a member of the Global Board of
PricewaterhouseCoopers until he joined the
TRPIT Board in 2000. He headed up C&L’s
Corporate Finance Practice in the UK and
Europe, and was also an Insolvency
Practitioner. He brings a broad base of
business, financial and property experience to
the TRPIT Board. He is now Chairman of
Drambuie Limited, a non-executive director of
Halma plc, a non-executive director of
Candover Investments plc and a non-executive
director of Gartmore Global Trust PLC.
Hugh Seaborn, age 49, joined the Board of TRPIT on 24 July 2007.
Mr Seaborn has considerable experience in the property arena, he
is Chief Executive Officer of the Cadogan Estate, Deputy Chairman
of the Westminster Property Owners Association and a member of the
Council and Audit Committee of the Duchy of Lancaster.
Paul Spencer, age 61, joined the Board of TRPIT on 1 August 2007.
Mr Spencer is the Chairman of National Savings & Investment (a
Government funded body), Managed Pension Funds Ltd and Sovereign
Reversions plc. He also sits on the Boards of Nipponkoa Insurance
Company (Europe) Ltd, WPP Group Plc (where he chairs the Audit
Committee) and Resolution plc. He is
Chairman of the TRPIT Audit Committee.
Simon Marrison, age 47, joined the Board of TRPIT on 28 September 2011.
Mr Marrison is the CEO of Europe and Chief Investment Officer for LaSalle Investment Management. Based in Paris since 1990 he has considerable experience in the European property arena.
Management Team
Marcus Phayre-Mudge,
age 43, qualified as a Chartered Surveyor in 1992.
He joined Thames River Capital in October 2004.
Having spent the previous 7 years at Henderson Global Investors,
where he also worked on the Trust, first as the Direct Property Manager,
since 2002, as Deputy Fund Manager and as from April 2011,
is the lead fund manager of TR Property Investment Trust Ordinary Shares.
James Wilkinson,
age 38, qualified as a Chartered Surveyor in 1998.
He joined Thames River Capital in October 2004, from Henderson Global Investors,
where he worked as the Direct Property Manager for the Trust. Since the end of 2006
James has focused on the equities portfolio, assisting Chris and Marcus and as of April 2011,
became the lead fund manager of TR Property Investment Trust Sigma Shares.
Jo Elliott,
age 49, has been Finance Manager
since 1995, first at Henderson Global
Investors then, since January 2005, at
Thames River Capital. She qualified with Ernst
& Young as a Chartered Accountant in 1988.
Alban Lhonneur,
age 31, joined Thames River in July 2008 as an assistant fund manager. He was previously at
Citigroup Global Markets as an Equity Research analyst focusing on Continental European Real
Estate. Prior to that he was at Societe Generale Securities in equity research. He completed
a Bsc Business and Management program at ESC Toulouse including one year at the Brunel
University, School of Business Management in London. In 2005 he graduated from ESCP-EAP
(Paris Business School) with a Post-graduate Specialised Master in Finance.
George Gay,
age 30, joined Thames River
Capital in 2005 and is Direct Property Fund Manager
and qualified as a Chartered Surveyor in
2006. George was previously at niche City
investment agent, Morgan Pepper, and has an
MA in Property Valuation and Law from City
University.
|
