Savills chief to step down after seven years at helm
Mark Ridley is to be replaced by current CFO Simon Shaw as Group Chief Executive of the blue-chip agency.
Savills has announced that Group CEO Mark Ridley will step down at the end of 2025 after a 29-year career with the agency, seven of them as CEO.
He will be succeeded by Simon Shaw (main picture), currently Group Chief Financial Officer, effective from 1 January 2026.
Shaw joined Savills in March 2009 as Group CFO working alongside the Group Chief Executive, with responsibility for all financial matters, significant M&A, Technology and Investor Relations.
He is a member of the Group and Regional Executive Boards (Asia Pacific/EMEA/UK/North America), and is responsible to the Board for Savills Investment Management.
New CFO search
He is also Chair of Grosvenor Hill Ventures, Savills’ proprietary private equity investment business, which is focused on investing in proptech opportunities, including YoPA.
The search for a new Group CFO will now begin.
Stacey Cartwright, Chair of Savills, says: “Under Mark’s leadership, Savills has achieved significant growth and stronger balance, both geographically and by service line.
“He has successfully steered the business through Brexit and its aftermath and the pandemic years, and more recently global macroeconomic and geopolitical headwinds, navigating these very significant challenges whilst growing the business at the same time.
“We are all delighted that, following his retirement at the end of 2025, Mark will remain available in a senior advisory role supporting the business,” she says.
“Simon is a highly experienced and respected senior Savills executive who will lead the Group’s strong management team through the next phase of the development of the Savills business worldwide.”
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