Former Hammerson chief executive and chairman Ron Spinney died yesterday from cancer, aged 67. Spinney joined Hammerson as chief executive in 1993, and is widely credited for turning round its performance and setting it on the path to becoming firmly established as a FTSE-100 company.
He was appointed chairman in 1999, retiring in 2005.
In Property Week’s History of Modern Property, published last autumn, deputy editor James Whitmore wrote: ‘The structure, strategy and style of Hammerson today is largely down to his work. So popular was he with the City that, on 13 May 1999 when he announced he was stepping down as chief executive, Hammerson’s share price dropped by more than 3%.’
He played a broader role within the UK property sector, serving as a Crown commissioner, as president of the British Property Federation, president of the Westminster Property Owners Association and chairman of European Public Real Estate Association.
His was awarded a CBE in June 2004. He was a non-executive director of several companies, including Fuller Smith & Turner, JPMorgan Cazenove and Rentokil Initial.