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Derwent London appoints former British Land CFO to board, declares H1 dividend

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Derwent London appoints former British Land CFO to board, declares H1 dividend

Derwent London PLC is hiring Lucinda Bell as an independent nonexecutive director, effective Jan. 1, 2019.

Bell was CFO of British Land Co. PLC from May 2011 until January 2018, and is currently a nonexecutive director at residential developer Crest Nicholson Holdings PLC and industrial equipment manufacturer Rotork PLC.

Derwent separately declared a dividend of 19.10 pence per share for the first half, up 10.2% from 17.33 pence per share in the year-ago period. Shareholders registered as of Sept. 14 will receive the interim distribution Oct. 19.