MAG appoints new divisional property CEO
2nd May 2014
Lynda Shillaw has been appointed by Manchester Airports Group (MAG) as Divisional Chief Executive Officer for Property, with her employment commencing on 1st June 2014.
Lynda joins from Scottish Widows Investment Partnership where she held the role of Director of Real Estate. The new role at MAG will report to Group CEO Charlie Cornish, and oversee the group’s £571m property division across its four airports. The existing portfolio also includes the £800m Airport City development at Manchester Airport.
Graduating in 1986 with a degree in Accountancy and Finance, Lynda has had a strong career in the property industry, where she has headed Co-operative Estates plus roles at Lloyds Banking Group and BT where she worked for 18 years.
Charlie Cornish, CEO of MAG said: “We are looking forward to welcoming Lynda to the group. She will bring a wealth of experience to our property team which is going through an incredibly exciting time as Airport City continues to grow at a fast pace.
“As well as focussing on this project, a UK first, Lynda’s experience will also be a huge asset to our property aspirations across the entire group, including plans at London Stansted Airport which MAG acquired last year.”
Airport City is the focal point of Greater Manchester’s Enterprise Zone and is being led by a group of joint venture partners made up of Beijing Construction and Engineering Group, Carillion and the Greater Manchester Pension Fund (GMPF), with Argent appointed as the Development Manager. MAG has the remaining 50% share. In March, the partnership announced a tour of mainland China, which will aim to attract Chinese businesses and highlight what Airport City Manchester has to offer their company. The tour will visit Beijing, Shanghai and Shenzhen between the 9th and 13th June 2014.
MAG serves 43 million passengers through its ownership and operation of Manchester, London Stansted, East Midlands and Bournemouth airports. MAG is privately managed on behalf of its shareholders with IFM Investors owning 35.5%, Manchester City Council 35.5% and the nine Greater Manchester Councils of Bolton, Bury, Oldham, Rochdale, Salford, Stockport, Tameside, Trafford and Wigan owning the remaining 29%.
For more information, contact the MAG press office on 0161 489 2700 or email firstname.lastname@example.org
Published on: 02/05/2014 17:01:54