Ian Crabb is to leave the role with immediate effect and is being replaced by a non-exec director on the company's board, David Stewart.
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BREAKING: LSL reveals ongoing pain of its branch closure programme
Ten months after it reduced its branch count by over 120 offices, the company is still taking a considerable hit to its revenues.
Read MoreYopa founder Daniel Attia and LSL’s Ian Crabb step down from agency’s board
Attia will remain a 'supportive' shareholder as he makes way for Grenville Turner, but it remains unclear why Crabb has exited Yopa's board.
Read MoreYour move and Reeds Rains branch cull helps triple estate agency profits at parent company
Reduction from 308 to 144 owned Your Move and Reeds Rains branches helps boost profits across LSL's overall agency network.
Read MoreLSL writes down its investment in Yopa by 60% as profits nosedive
Group now says the value of its shareholding in the hybrid agency is worth £7.4 million as it also announces profits down by 24% during 2018.
Read MoreLSL Property Services leadership team awarded shares worth £1.25m
Agency giant LSL Property Services has awarded its core leadership team share options totalling £1.251 million, part of the PLC’s incentive scheme for senior staff. This includes Group CEO Ian Crabb (pictured,…
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