Introduction
The Crown Estate is a unique business which has served the nation for more than 260 years. We are responsible for a diverse portfolio which encompasses some of the most remarkable places and spaces across England, Wales and Northern Ireland.
As active owners and managers of land and seabed, we seek to leverage our scale and convening power to make a meaningful difference. This mandate is captured through our purpose, ‘to create lasting and shared prosperity for the nation.’
Our purpose is guiding our ambitious new strategy and drives everything we do - uniting us as one business. Our purpose is our ‘north star’, defining our role, the outcomes we want to create and who we want to benefit.
Established by the Crown Estate Act of 1961 as an independent commercial business, over the past ten years we have generated more than £3.2 billion for the benefit of the nation’s finances.
Introduction from the Chair
Thank for you for your interest in a Non-Executive Board Commissioner position at The Crown Estate. Dating back more than 260 years, we are a unique business with a diverse portfolio valued at over £15.8 billion.
The Crown Estate operates with a unique constitution, managing assets on behalf of the Crown, under an independent commercial mandate with accountability to the Treasury.
In London, we are one of the West End’s largest property owners with our real estate portfolio extending to 10 million sq ft across the workplace, retail, dining, leisure and residential sectors. Regionally, we have a broad range of assets including retail and leisure destinations, as well as industrial and business parks. We also have a strategic land portfolio with significant development and regeneration potential.
As the Manager of the seabed around England, Wales and Northern Ireland, we play a key role in enabling the UK’s offshore wind industry and sustainable development of the seabed.
If you have the skills and experience we are looking for and are motivated to help The Crown Estate Board and leadership team to continue to develop and grow our business for the benefit of future generations, then I look forward to hearing from you and wish you every success with your application.
Appointment description
To support the realisation of our goals we would like to find an exceptional individual with experience of establishing, operating or overseeing assets at scale. The nature of these assets could be property, infrastructure or other categories of fixed assets created as part of a system of value creation.
Demonstration of an innovative approach to such value creation would be particularly relevant with the candidate having the vision to help us realise our ambitions across all portfolios.
This experience could have been gained in an operational, ownership or investment role. Experience of sustainable development or stewardship will be important. Along with this, we are looking for an enhanced understanding of the application of digital initiatives to business and a track record of delivering growth at pace whilst building exceptional customer and consumer experiences, enabling the appointee to bring insight and challenge to the Board’s discussion in these areas.
Organisation description
Strategic oversight of the business is provided by The Crown Estate Board, with management delegated to the Chief Executive and the Group Leadership team.
The Group Leadership team structure comprises the Chief Executive, Chief Financial Officer, Chief Digital Officer, Managing Directors for the London, Regional, Marine and Windsor & Rural portfolios, Executive Director Purpose, Sustainability & Stakeholder and Executive Directors for Operations, People & Culture and Strategy, Research & Innovation.
We have been working with the Treasury to update our targets to more accurately reflect the underlying performance of our business. Our targets are now focused on revenue, capital and, for the first time, sustainability.
The Crown Estate cannot borrow funds. This means that our investment comes from selling assets, long-term strategic partnerships and a percentage of gross revenue retained for this purpose (known as the statutory transfer).
More detailed information about The Crown Estate, its strategy, business model and activities, including financial results for the year ending 31 March 2023 are available online at: thecrownestate.co.uk/annual-report-2023.
For full bibliographical details of our Board including skills and experience visit: thecrownestate.co.uk/our-leadership/
Board composition
The Board
The constitution of The Crown Estate and the make-up of the Board is governed by statute – the Crown Estate Act 1961.
It is a relatively small Board of up to eight Commissioners, including the Chairman, and one Executive Commissioner (the CEO).
Executive Board member
Dan Labbad
Chief Executive, Accounting Officer, Executive Board Member and Second Commissioner.
Dan was appointed as Chief Executive on 9 December 2019 and to the Board on 1 January 2020.
Non-Executive Board members
Sir Robin Budenberg CBE
Chairman, Independent Non-Executive Board Member and First Commissioner (took up the post of Chairman of The Crown Estate on 1 August 2016 and was reappointed on 1 August 2020).
Vijay Bharadia
Independent Non-Executive Board Member (appointed to the Board on 1 April 2023).
James Darkins
Independent Non-Executive Board Member (appointed to the Board on 1 January 2016 and reappointed on 1 January 2020).
Juliet Davenport OBE
Independent Non-Executive Board Member (appointed to the Board 1 September 2020).
Dame Karen Jones DBE
Independent Non-Executive Board Member and Senior Independent Board Member (appointed to the Board on 1 January 2020 and as Senior Independent Board Member on 9 June 2020).
Anne Kavanagh
Independent Non-Executive Board Member (appointed to the Board on 4 July 2022).
Clare Shine
Independent Non-Executive Board Member (appointed to the Board on 4 July 2022).
Regulation of appointment
This post is regulated by the Commissioner for Public Appointments. For more information, please refer to the
Commissioner’s website