Grainger (GRI)

Sector:

Real Estate

Index:

FTSE 250

 258.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 274.80
  • 52 Week Low: 217.60
  • Currency: UK Pounds
  • Shares Issued: 741.56m
  • Volume: 294
  • Market Cap: £1,913.22m
  • RiskGrade: 114

Grainger signs up Paul Glibbery as chief information officer

By Josh White

Date: Tuesday 26 May 2020

LONDON (ShareCast) - (Sharecast News) - Residential landlord Grainger announced the appointment of Paul Glibbery as its chief information officer on Tuesday, with responsibility for driving Grainger's technology transformation.

The FTSE 250 company said the appointment followed its "significant" investment in its technology platform 'Connect', which it claimed would further differentiate its position in the UK rental housing market.

It described Connect as an integrated technology platform designed to enhance the customer experience, improve operational efficiencies further and protect the firm's license to operate.

Glibbery was joining Grainger with more than 20 years of experience in the delivery of technology and digital business transformation programmes for major brands, including Hewlett Packard, Airbus and Fujitsu.

During his seven years with Hewlett Packard, he acted as delivery director for HP Defence UK, led the group's 'ES Business Transformation Programme' within the Europe, Middle East and Africa geographies, and was responsible for a $250m global account and sales team.

In that team, he had the remit of implementing a strategy for clients to transition their technology mix from legacy to digital services, working within strategic partnerships with Microsoft, Amazon Web Services and Dell.

Grainger said that in the new role, Glibbery would join the company's executive committee, and would be responsible for overseeing the delivery and implementation of the Connect platform, as well as all other IT operations within the business.

"We are delighted to welcome Paul Glibbery to Grainger as our new chief information officer," said chief executive officer Helen Gordon.

"This senior appointment will help drive our technology transformation and the roll-out of Connect, which has proven highly valuable during the current market conditions."

At 1112 BST, shares in Grainger were up 5.73% at 276.6p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Grainger Market Data

Currency UK Pounds
Share Price 258.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 274.80
52 Week Low 217.60
Volume 294
Shares Issued 741.56m
Market Cap £1,913.22m
RiskGrade 114

Grainger Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
0.87% below the market average0.87% below the market average0.87% below the market average0.87% below the market average0.87% below the market average
Sector averageSector averageSector averageSector averageSector average
Income Not Available
Growth
84% below the market average84% below the market average84% below the market average84% below the market average84% below the market average
63.16% below the sector average63.16% below the sector average63.16% below the sector average63.16% below the sector average63.16% below the sector average

What The Brokers Say

Strong Buy 4
Buy 5
Neutral 1
Sell 0
Strong Sell 0
Total 10
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Grainger Dividends

  Latest Previous
  Interim Final
Ex-Div 23-May-24 28-Dec-23
Paid 05-Jul-24 14-Feb-24
Amount 2.54p 4.37p

Trades for 20-May-2024

Time Volume / Share Price
08:08 6 @ 264.00p
08:07 252 @ 260.59p
08:03 3 @ 262.50p
08:03 11 @ 262.50p
08:03 1 @ 257.00p

Grainger Key Personnel

CEO Helen Gordon
CFO Robert Hudson

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