Helical has announced that Richard Cotton will step down as its board chair by the end of April to be succeeded by Robert Fowlds.
Robert Fowlds
During his tenure, Cotton oversaw the launch of the company’s revised strategy in 2024 and the appointment of its current executive leadership team.
Fowlds will also become chair of the nominations committee. He will remain a member of the remuneration committee but step down from the audit and risk committee.
He joined the board as an independent non-executive director in 2024 and has 40 years of experience in real estate.
Previously, he was head of real estate investment banking at JP Morgan Cazenove, advising on capital markets and mergers and acquisition deals.
Prior to working in corporate finance, he was managing director and co-head of Merrill Lynch’s pan-European real estate sector equity analyst team.
Cotton said: “It has been a privilege to be part of Helical since 2016 and to contribute to the way in which the business has addressed a number of major challenges over this period. During my time as chair, we have strategically repositioned the group, providing an exciting platform to take advantage of opportunities in the future.
“I am pleased to be leaving the business in Robert’s capable hands and I am confident that he has the skills and experience to support the next stage of the group’s strategy, focused on harvesting the returns from our well-timed development programme.”
Fowlds added: “I am honoured to be taking on the role of board chair at an exciting time for the business. I believe that there are significant opportunities for the group ahead and I am looking forward to working with the board and wider management team to continue to deliver on the group’s strategy.”
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