Appreciate Group announced that Ian O'Doherty, its Chief Executive Officer (CEO) will be stepping down from his position and the Board to pursue other interests. Ian will leave the Group at the end of July 2022 and will remain available to advise the Group until January 2023, with Guy Parsons, Chair becoming Executive Chair in the interim to ensure a smooth transition, as the Group commences its search for a new CEO. Ian joined the Group on 1 February 2018 and led the Group through a significant period of business transformation, including the implementation of its ongoing strategic business plan, and navigating the disruption of the pandemic.

This has included simplifying and streamlining the business, moving to new offices in Liverpool, and the disposal of non-core activities. Having completed this stage of the Group's transformation, now is the appropriate time for Ian to step down and for new leadership to be appointed for the next stage of the Group's growth strategy.