CPP Group announced that Chairman, Sir Richard Lapthorne advised the Board of his intention to retire with effect from 31 January 2021. Richard has been Chairman of CPP Group since May 2016, during a period of material change, both in the way in which the company and Board are managed and also in the implementation of significant management, operational and portfolio changes in the wider Group. He will be succeeded as Chairman by existing non-executive director, David Morrison, who brings more than 35 years' experience of active engagement in both private and public companies.