14 January 2020
New Chief Executive of Grosvenor Britain & Ireland begins tenure
Grosvenor Group, the privately-owned international property company which develops, manages and invests in property in more than 60 cities around the world, announces James Raynor as the new Chief Executive of Grosvenor Britain & Ireland, effective immediately. He takes up the role following the mutually agreed departure for private reasons of previous Chief Executive Craig McWilliam.
James’s promotion to the role was announced as part of a series of senior management changes across the Grosvenor Group last summer. Originally scheduled to become effective in September this year, James has spent the last few months as the Executive Director of the London Estate. He was previously the Chief Executive of Grosvenor Europe.
Grosvenor Group will now review succession plans concerning the role of Group Chief Executive, which Craig was due to take on from 2021.
Mark Preston continues to lead the Group while also fulfilling the role of Executive Trustee of the Grosvenor Estate (since 2017) and Head of the Family Office (since 2018). He is supported by Peter Vernon as Group Executive Director (with responsibility to the Group Board for Grosvenor Britain & Ireland, Grosvenor Americas and Grosvenor Asia Pacific) and by Rob Davis as Group Finance Director.
Mark Preston, Grosvenor Group’s Chief Executive, said:
‘James Raynor has been preparing to take over this role for several months and will ably step up ahead of the original timetable to play a key role in enhancing the way we develop, manage and invest in property while positively contributing to the communities in London, and elsewhere in the UK, in which we are active’.
To find out more about Grosvenor Britain & Ireland's properties and places, click here.
About Grosvenor Group
Grosvenor Group is a privately-owned international property company.
With a track record of over 340 years, we develop, manage and invest with a purpose of improving property and places to deliver lasting commercial and social benefit.
This is achieved by adopting a farsighted perspective, by being locally engaged and sharing and benefitting from our international experience. We call this our Living Cities approach.
Through the activities of Grosvenor Britain & Ireland, Grosvenor Americas, Grosvenor Asia Pacific and Grosvenor Europe we diversify the Group’s property portfolio by geography, sector, activity, currency and management teams. Our Indirect Investment business further diversifies the Group’s property interests by backing specialist third-party management teams. It invests Grosvenor’s capital in Australia, Europe and North and South America.
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About Grosvenor Britain & Ireland
Grosvenor Britain & Ireland creates great places where communities, business and nature thrive.
In London’s West End, we support 9,000 residents, c1,000 businesses and 50,000 workers every day. We also create and manage sustainable neighbourhoods in London, Liverpool and across the South East of England.
We are one part of a global, family owned business that has been developing and managing land and property for over 340 years. Thinking long term allows us to give equal weight to the environmental, social and commercial impact of everything that we do.