PRIMARY HEALTH PROPERTIES - Key Persons
Job Titles:
- Director, Asset, Property and Facilities Management
David has worked in the PHP business since August 2016 and was appointed to head up the asset management team in 2019 following the merger with the MedicX Fund. David now leads the recently combined asset, property and facilities management teams, driving forward PHP's rolling site investment and management programmes, and was promoted to the Executive Committee during 2023. David is a Chartered Surveyor with over 20 years' post qualified
David Bateman - Chief Investment Officer
David was appointed Investment Director in December 2016 and subsequently promoted to the Executive team in 2021 and became Chief Investment Officer in 2022. David is responsible for managing the investment team with significant input across investor presentations, strategy and development.
Over the last 20 years David has worked across all property sectors but with an increasing focus on operational-led property and with substantial expertise in sale and leaseback, development-led transactions and investments.
Job Titles:
- Independent Non - Executive Director
Election to the Board - Bina Rawal was appointed to the Board from 27 February 2024.
Career - Bina is a medical professional with 25 years' senior executive experience in healthcare, including with blue chip pharmaceutical companies such as Roche and global reseearch funding charity Wellcome Trust. She is currently Senior Independent Director at Worldwide Healthcare Trust plc, a FTSE 250-listed investment trust specialising in healthcare and life sciences companies where she is board lead for ESG and chairs the nominations committee. She is also a non-executive director of Central London Community Healthcare NHS Trust.
Skills, competence and experience - Bina has a wide breadth of experience spanning patient care, digital and population health, ESG, strategy, partnerships and EDI, alongside extensive networks in UK healthcare through her senior level executive and non-executive roles to date in large, complex organisations within the public, private and not-for-profit sectors.
Election to the Board - Harry Hyman founded the Company in 1996 and served on the Board as Managing Director from that time and represented the former Adviser to the Company, Nexus Tradeco Limited ("Nexus"), on the Board. On completion of the internalisation on 5 January 2021, Harry was appointed as Chief Executive Officer. As announced on 2 November 2023, subject to shareholder approval Harry will be appointed as Non-executive Chair with effect from the end of the 2024 AGM. The Board believes that Harry's appointment is in the best interests of the Group and all of its stakeholders, particularly as his knowledge and expertise gained over nearly 30 years in the primary care property sector will continue to be invaluable and highly relevant to the Group's future success. The Board has determined that the term will be a maximum of three years.
Career - Harry graduated from Cambridge University and trained as a Chartered Accountant and Corporate Treasurer. He established the Company in 1996 and was the Managing Director of Nexus Tradeco Limited ("Nexus"), which until 5 January 2021 was the Adviser to PHP. He is a Fellow of the Institute of Chartered Accountants in England and Wales, a Fellow of the Association of Corporate Treasurers and a Fellow of the Royal Institute of Chartered Surveyors.
Skills, competence and experience - Harry has extensive experience in investing in the primary healthcare sector, having developed the Company's business from inception over 20 years ago to its current position with an investment portfolio of over £2.6 billion. He also brings entrepreneurial flair to the Board having established a number of successful private companies.
Job Titles:
- Chartered Accountant
- Senior Independent Non - Executive Director
Election to the Board - Ian Krieger was elected a Director at the 2018 Annual General Meeting, having been appointed to the Board in February 2018, and is Chairman of the Audit Committee.
Career - Ian is a Chartered Accountant and was a Partner and Vice-Chair at Deloitte until his retirement in 2012. He is currently Senior Independent Non-executive Director and Chairman of the audit committee at Safestore Holdings plc and is Senior Independent Non-executive Director at Capital & Regional plc, where he is also the Chairman of the Audit Committee.
Skills, competence and experience - Ian qualified as and practised as a Chartered Accountant and brings a wealth of recent financial experience to the Board as well as his experience as Chairman of the audit committees of two other UK-listed companies in the property sector.
Job Titles:
- Independent Non - Executive Director
Election to the Board - Ivonne was appointed to the Board from 1 January 2022.
Career - Ivonne has significant public company experience having spent over 20 years advising listed businesses. She is currently the Director of Investor Relations, Communications and Sustainability as well as a member of the Executive management team and the Sustainability Committee of Benchmark Holdings Limited, a biotechnology aquaculture company. She is also a Non-executive Director and Chair of the Remuneration Committee at Creo Medical Group plc.
Skills, competence and experience - Prior to taking up her position at Benchmark Holdings Limited, Ivonne spent 13 years as a Senior Corporate Finance Adviser at Cenkos Securities plc, and prior to that seven years as an Investment Banker at Merrill Lynch. She has a degree in Engineering from the Universidad Panamericana in Mexico City and an MBA from the Wharton School of Business at the University of Pennsylvania.
Jesse joined PHP in January 2022 and has over 19 years' experience in the environment and sustainability field within the public and private sector. Prior to joining PHP, Jesse was Head of Sustainability at BAM, a large European construction and property services enterprise. At BAM, Jesse spearheaded industry leading initiatives, helping the group to become one of the leading sustainable construction and property services businesses in Europe, and has worked with leading clients to help deliver some of the most sustainable buildings in the UK. Jesse is a member of the Institute for Environmental Management and Assessment, Fellow of the Royal Society of Arts and Cambridge Sustainable Finance course assessor.
Job Titles:
- Independent Non - Executive Director
Election to the Board - Laure Duhot was appointed to the Board from 14 March 2019 following completion of the merger with MedicX Fund Limited, where she had also been a Non-executive Director. She is Chair of the ESG Committee.
Career - Laure started her career in the investment banking sector and has developed a focus on the property sector. She has held senior roles at Lehman Brothers, Macquarie Capital Partners, Sunrise Senior Living Inc., Grainger plc and Lendlease. She is a Non-executive Director of Safestore Holdings plc, NB Global Monthly Income Fund Limited and of Orpea S.A., a Paris-listed operator of retirement homes.
Skills, competence and experience - Laure brings over 30 years of senior executive level experience in the investment banking and property sectors, specialising in alternative real estate assets, and has been a Non-executive Director at a number of funds and property companies.
Job Titles:
- Director, Commercial Finance and Financial Reporting
Liam joined following the merger with the MedicX Fund in 2019, and is now responsible for commercial finance and financial reporting. Liam is a Chartered Accountant who has over twelve years' experience working in private and public companies. Before working on the MedicX Fund he worked at both PwC and Deloitte Touche Tohmatsu in the UK and Australia on capital market and merger & acquisition transactions.
Job Titles:
- Chief Executive Office ( Incoming )
- Chief Executive Officer ( Incoming )
Election to the Board - Mark Davies will secceed Harry Hyman as CEO of the Group at the conclusion of the 2024 AGM.
Career - Mark was a Co-founder Director of NewRiver REIT plc ("NewRiver") in 2009 and played an important role in taking NewRiver from IPO into the FTSE 250 index in seven years. He was CFO of NewRiver for over twelve years and, alongside his role as CFO, was also CEO/Executive Chairman of Hawthorn Leisure Limited ("Hawthorn") for five years. Mark stood down from the Board of NewRiver following the successful sale of Hawthorn in July 2021 to private equity at a premium price.
Skills, competence and experience - Mark has considerable capital markets experience and over the last fourteen years has raised over £3 billion of equity and debt in public and private markets.
Job Titles:
- Director, Rent Reviews and Valuation
Oliver joined following the merger with the MedicX Fund in 2019, and heads up the team responsible across the portfolio for negotiating and securing rent reviews, both when provided for under the terms of the lease and on asset management projects when the lease is re-geared. Oliver is a Chartered Surveyor and he has an in-depth understanding of the process of agreeing rent reviews with District Valuers in accordance with the detailed regulations that govern the reimbursement of rents on GP surgeries.
Job Titles:
- Chartered Accountant
- Chief Financial Officer
Election to the Board - Richard Howell was appointed to the Board from 31 March 2017, having joined Nexus on 13 March 2017 and, following completion of the internalisation of the advisory and management functions previously carried out by Nexus, he was appointed Chief Financial Officer.
Career - Richard is a Chartered Accountant and has over 20 years' experience working with London-listed commercial property companies, gained principally with LondonMetric Property plc and Brixton plc. Richard was part of the senior management team that led the merger of Metric Property Investments plc and London & Stamford Property Plc in 2013 to create LondonMetric Property plc. In May 2022 he was appointed as a Non-executive Director at Life Science REIT plc, an AIM-listed externally managed real estate trust.
Skills, competence and experience - Richard has extensive finance experience, having previously held senior accounting positions within listed property companies operating across the UK. Whilst working for LondonMetric Property plc and Brixton plc, he has been involved in over £5 billion of property transactions.
Job Titles:
- Non - Executive Chairman ( Retiring )
Election to the Board - Steven Owen was appointed to the Board in January 2014, and following his election at the Annual General Meeting in April 2014 he took up the position of Chairman of the Audit Committee and Senior Independent Director. Steven was appointed Chairman in April 2018 and took over as Chairman of the Nomination Committee.
Career - Steven embarked on his career with KPMG before moving into property with Brixton plc where he became Finance Director and subsequently Deputy Chief Executive. He is currently the Interim Executive Chairman of Palace Capital plc, a UK REIT that owns and manages a diversified portfolio of UK regional commercial property, and was CEO and Founding Partner of Wye Valley Partners LLP, a commercial real estate asset management business.
Skills, competence and experience - Steven combines his financial skills as a Chartered Accountant with extensive experience of investment and development in commercial property in a listed company environment, having spent 24 years at Brixton plc, then a listed FTSE 250 company. Steven is also a Fellow of the Association of Corporate Treasurers.
Toby Newman - Chief Legal Officer, Secretary
Job Titles:
- Chief Legal Officer
- Company Secretary
Toby joined PHP at the start of 2023, having, since 2017, been General Counsel & Company Secretary at national independent hospital, gym and healthcare services provider Nuffield Health, where he led a multi-disciplinary team responsible for all legal matters across its businesses. Toby is a solicitor with 20 years' experience, gained in private practice in the City specializing in M&A, capital markets and corporate governance, then focusing on the healthcare sector before moving in-house.
Tony is a Chartered Surveyor with 15 years' experience in primary care development. Tony's teams have delivered some 30 new premises across the South of the UK, with a particular focus on the South East and Greater London. Tony is conversant with all aspects of primary care premises development from the initial project brief right through to achieving practical completion on the premises.