Food and retail park operator Boxpark has announced that its founder Roger Wade is to step down from his role as CEO at the end of this month.
After 10 years in the role, Wade has revealed that he is to hand over the reins to the company’s executive team headed by managing director Simon Champion.
Wade added that while he will no longer be CEO, he will remain as part of the business as a non-executive director and consultant.
Boxpark launched the world’s first pop-up shopping mall in Shoreditch back in 2011, made out of repurposed shipping containers. It currently operates three sites across London with Boxpark Croydon and Boxpark Wembley joining in 2016 and 2018 respectively.
Wade said: “After 10 years as CEO of Boxpark I have decided to step down. I sold my majority shares to LDC last year and will be handing over the reins to our executive team. I will be staying on with the company as a NED and consultant.
“It’s been a great ride over the past 10 years but it’s time to jump off and explore new opportunities. I would like to thank everyone who has helped me on this incredible journey but most of all I would like to thank my wonderful team and family for their support.”