Savills Announces End of an Era as Mark Ridley Steps Down in 2025

Investor - People | Apr 29, 2025 | Savills PLC

Savills Announces End of an Era as Mark Ridley Steps Down in 2025

Savills PLC has announced a leadership transition plan, with the current Group Chief Executive, Mark Ridley, set to retire by the end of 2025. Ridley, who has been a stalwart at Savills for 29 years and led as CEO for seven years, will conclude his illustrious 41-year career in the real estate industry. In preparation for this significant change, Savills has appointed their current Group Chief Financial Officer, Simon Shaw, to succeed Ridley as Group CEO, effective from January 1, 2026. The planned succession underscores Savills’ strategic approach to ensuring seamless leadership continuity as they navigate future opportunities and challenges in the industry.

Sectors

  • Real Estate
  • Corporate Governance

Geography

  • United Kingdom – Savills is headquartered in the UK, and both Mark Ridley and Simon Shaw are part of its UK-based executive team.

Industry

  • Real Estate – Savills is a prominent player in the real estate sector, involved in property services and consultancy.
  • Corporate Governance – The announcement of a leadership transition plan at Savills highlights issues of corporate governance and executive succession planning.

Financials

    Participants

    NameRoleTypeDescription
    Savills PLCCorporationCompanySavills is a global real estate services provider offering a broad range of specialized advisory, management, and transactional services.
    Mark RidleyOutgoing Group Chief ExecutivePersonMark Ridley has been with Savills for 29 years and will retire as Group Chief Executive at the end of 2025.
    Simon ShawIncoming Group Chief ExecutivePersonSimon Shaw, currently the Group Chief Financial Officer, will succeed Mark Ridley as Group Chief Executive from January 2026.