Highcroft Investments plc announced that after 18 years as a board member and 12 years as the CEO, Jonathan Kingerlee has decided to stand down as Chief Executive and director with effect from July 31, 2013 to pursue other opportunities. The board announced the appointment of Simon Gill as Property Director with effect from April 1, 2013. He will assume the role of Chief Executive from the date of Jonathan Kingerlee's resignation.

Jonathan Kingerlee was first appointed to the board of the company in 1995 and was promoted to Chief Executive in 2001. He has played an important part in developing the group's balance of property and equity interests, coordinating a number of significant acquisitions and disposals, which along with other strategies has seen both net assets and returns to shareholders rise. From 2002 to 2010, Simon Gill was contracted to Close Brothers Group Plc as asset manager to manage the assets of one of their private equity funds.

Since this time he has concentrated on managing a personal portfolio of principally commercial properties.