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Damac Properties CEO resigns
Peter Riddoch, the CEO of Dubai-based developer…
September 7, 2009 2:29 by kippreport
Peter Riddoch, the CEO of Dubai-based developer, Damac Properties, has announced that he will be resigning from his post next month, reports Gulf News. “To leave an organization that has been a significant part of my life for so many years will not be easy, but I know that the time is right for me to make some changes, focus a bit more on my personal interests and family, and possibly even take on new challenges,” Riddoch said.
The company has not yet named a successor to the post, and operations will currently be handled by its senior management team.