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LSL Property Services ( (GB:LSL) ) just unveiled an announcement.
LSL Property Services has appointed Adam Castleton, currently the Group CFO, as CEO Designate following David Stewart’s decision to retire. Adam, who joined LSL in 2015, will assume the CEO role on May 1, 2025, after a transition period. This move is part of a broader governance strengthening effort, with two non-executive directors taking on additional responsibilities in the Estate Agency and Surveying Divisions. The company aims to continue its focus on business-to-business services and maximize performance to deliver shareholder value.
More about LSL Property Services
LSL Property Services is a leading provider of services to mortgage intermediaries and estate agent franchisees, with over 2,700 advisers representing more than 11% of the total purchase and remortgage market. The company operates 62 estate agency franchisees across 310 territories and is one of the UK’s largest providers of surveying and valuation services, serving seven out of the ten largest lenders in the UK.
YTD Price Performance: -10.20%
Average Trading Volume: 62,980
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £280M
See more insights into LSL stock on TipRanks’ Stock Analysis page.