Transactional

• SEGRO / Slough Estates Group
  • Acquisition programme in Central Europe
  • Expansion across Continental Europe
  • Special dividend and consolidation
  • Disposal of $3bn US healthcare business
• United Business Media
  • Programme of online acquisitions
  • Return of £1.3bn of capital
  • Over £3bn B2C disposals (Five TV/Express)
  • Merger of £2bn TV assets with Granada
• BAA
  • Acquisition of Duty Free Intnl´ for £400m
  • Regular reviews by the MMC & CAA
  • Construction of Heathrow Express
  • Planning/investment approval for T5

Change management ++

• SEGRO / Slough Estates Group
  • Foreign investors grew from <5% to >40%
  • New brand identity & company name
  • Real Estate Investment Trust status
  • Transformational strategic refocus
• United Business Media
  • Foreign investors grew from <5% to >30%
  • Restructuring, over 50% redundancies
  • New brand identity & company name
  • Strategic refocus from B2C to B2B
• BAA (includes roles prior to Head of IR)
  • Development of BAA International Airports
  • Created new strategy for BAA in USA
  • Ran capex programme of £0.5bn p.a.
  • Including master appraisal for Heathrow