14 Feb 2017
Senior shake up drives London Paramount project forward with new appointments
BY Tom Anstey
London Resort Company Holdings (LRCH) has shaken up its leadership team by announcing the appointments of Humphrey Percy as its new CEO, also naming Mike Morrison and Kevin Doyle in senior roles.
Percy, who is also CEO of LRCH’s parent company Kuwaiti European Holding Group (KEH), takes over from David Testa, who stepped down from the project last week.
Testa’s departure follows that of Fenlon Dunphy, who left the project in August, and Tony Sefton, the man who originated the idea before leaving the project in 2015.
“David Testa has decided to step back from the KEH Group and cease his roles within all Group Companies, including LRCH,” said Percy. “David’s input into the project has been hugely appreciated and we wish him well in the next stage of his career. We are now entering a new exciting phase of the project as we carry out our final stage of consultation prior to submitting our Development Consent Order (DCO).”
Mike Morrison, who has previously held senior positions at investment bank Morgan Stanley and WestLB AG, takes up the role of CFO, while Kevin Doyle, who joined the project at its inception becomes Development Consent Order (DCO) coordinator
“This announcement reaffirms our determination to submit our application for the Entertainment Resort,” added Percy. “After many months of review, revision and reappraisal we have a robust business plan for building a world-class entertainment resort in the UK and are ready to push forward.
“I am confident that now, we have the team, the partners and the plans in place to deliver a truly global destination attraction.”
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