Logistics major ESR announces management changes, president's transition

Logistics major ESR announces management changes, president's transition

Global logistics real estate firm ESR Cayman has announced changes to its management team, including the transition of group president Charles de Portes, as part of the company’s long-term planning.

Portes, who co-founded the Redwood Group together with Stuart Gibson in 2006 before the firm merged with e-Shang to form ESR, is scheduled to transition from his role from January 1, 2021. He will join the board as a non-executive director and will remain a key shareholder of the firm.

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