13 December 2017
He will join the Strategy and Oversight Committee immediately and, effective 1 January 2016 on the retirement of Roger Lane Smith, will assume the roles of Senior Independent Director and Chairman of the Company’s Nomination and Governance Committees.
Mr Coppel, aged 65, has over 20 years’ experience within the hospitality and leisure sectors in chairman, CEO and/or senior board level roles, as well as being a non-executive director of one of the UK’s largest residential housebuilders.
Most recently, from 2011 to 2015, Mr Coppel was CEO of De Vere Group, one of the largest hotel and leisure groups in the UK, having joined the business initially as executive chairman in March 2010. As CEO, he led a team in turning round the group, building value through operational and investment initiatives, and crystallising that value principally through the sales of the three main divisions to US private equity firms. This resulted in the repayment to Lloyds Banking Group of over £1bn.
Mr Coppel was chairman and CEO of McCambridge Group from 2008 to 2009 and CEO of Jockey Club Racecourses from 2004 to 2007. In 1993, he joined Queens Moat Houses, one of the largest hotel groups in Europe, where he was group CEO until 2003. From 1990 to 1993 he was chairman and CEO of Sale Tilney.
In a non-executive capacity, he was the first chair of Tourism Ireland for seven years (2001-2007), chair of London Irish Rugby Football Club (2008-2011) and a non-executive director of Crest Nicholson (2009-2011). He also sat on Lloyds Bank’s Advisory Board on Ireland.
Mr Coppel was awarded a CBE in 2009 for services to Irish tourism.
Robert Heller is co-founder and Chief Executive Officer of Spectrum Gaming Capital. Spectrum is a boutique advisory firm that provides transactional and valuation services to the global gaming industry, assisting developers in arranging strategic partnerships and raising capital; advising mid-market gaming companies with M&A and capital raising; and advising investors, governments, corporations and courts in matters of valuation and restructuring.
Prior to joining Spectrum, Robert was responsible for UBS Investment Bank’s global gaming franchise. Previously, he was president of Heller Gaming & Leisure, a boutique investment banking and advisory firm specialising in casinos, hotels and resorts, during which time he led the development team, as President and Chief Financial Officer, for the Bahamar Resort, a US$3.5 billion integrated resort in Nassau, Bahamas. Before that, Robert spent 23 years in investment banking, having established and managed teams as a Managing Director of Lehman Brothers and Bear Stearns, and at Salomon Brothers.
With extensive marketing and communications experience, Sue now has a full portfolio career. Sue is a Special Advisor to the Chime Group, a company that she originally joined in 2003 as Chairman of the Marketing Services Division.
Prior to joining Chime she held a number of senior marketing and communications positions, including Director of Marketing BBC, Corporate Affairs Director of Thames Television and Director of Communications of Vauxhall Motors.
In the past few years she has intentionally developed a non-executive portfolio and currently serves on the Boards of Dairy Crest plc, BAT plc, Millennium & Copthorne Hotels plc and Accsys Technologies.
She was previously a Trustee of the Historic Royal Palaces and Chairman of both The Marketing Society and the Marketing Group of Great Britain. She was awarded an Honorary Doctorate by the University of Bedford in 2011.
Mark Townsend is Investment Consultant to Asset Value Investors Limited, a significant shareholder of the Company. Mark has nearly 40 years’ experience investing in listed property companies and directly into property markets in Europe.
Mark has managed the French Property Trust and the European Asset Value Fund, along with discretionary US and European mandates, which focused on under researched, undervalued listed property companies throughout Europe. Mark was elected a Fellow of the Royal Institution of Chartered Surveyors in 1990.
Graham Warner is a non-executive director at J O Hambro Capital Management Umbrella Fund plc, which continues to be a significant shareholder of the Company. Graham has nearly 40 years’ experience in banking and financial services, most recently as finance director of J O Hambro Capital Management Group Limited, and extensive experience of statutory reporting and governance of publicly listed entities.
Prior to joining J O Hambro in 2000, Graham worked for Mercury Asset Management (subsequently Merrill Lynch Investment Managers), where he was responsible for Mercury’s financial accounting and regulatory reporting. He has also worked for the National Bank of Kuwait Group and Hong Kong & Shanghai Banking Corporation in senior financial management roles.
Graham is a qualified Chartered Accountant.
Miltos Kambourides is the founder and Managing Partner of Dolphin Capital Partners (DCP), a private equity business founded in 2004, specialising in real estate investments. DCP’s main investment vehicle is Dolphin Capital Investors (DCI), the largest real estate company by net assets listed on AIM (Alternative Investment Market) of the London Stock Exchange. Since its inception in 2005, DCI has raised almost €1 billion of equity funds and has grown to become a leading global real estate investor and developer of seaside integrated resorts. Today DCI controls 36 million m2 fronted by 48 kilometers of coastline, has a large number of resorts under development and owns 50% of Aristo Developers, the biggest second home developer in Cyprus.
Miltos was previously a founding partner of Soros Real Estate Partners (SREP), a global real estate private equity business formed in 1999 by George Soros, which executed a number of complex real estate transactions in Western Europe and Japan.
While at SREP, he was primarily responsible for investments relating to property outsourcing in the UK and for the SREP investment strategy in Southeast Europe. He was the deal leader and founder of Mapeley Ltd, which went on to become the second largest real estate outsourcing company in the UK after winning two major 20-year multi-billion-GBP contracts: one with the Inland Revenue and Custom & Excise Departments of the UK and one with the Abbey National Bank.
Prior to joining Soros, Miltos spent two years at Goldman Sachs working on real estate private equity transactions in the UK, France and Spain. In 1998, he received a Goldman Sachs Global Innovation Award for his work at Trillium, the largest real estate outsourcing company in the UK.
He graduated from the Massachusetts Institute of Technology with a BS and MS in Mechanical Engineering and a BS in Mathematics. He has received several academic honours and participated twice in the International Math Olympiad (Beijing 1990, Moscow 1992) and once in the Balkan Math Olympiad (Sofia 1990) where he received a bronze medal.
Miltos sponsors the Kambourides Graduate Fellowship in the Center for Computational Engineering at MIT and heads the Dolphin Capital Foundation, a charitable foundation active in Greece and elsewhere.