He will be succeeded by group CFO Simon Shaw, effective 1st January 2026.

Simon joined Savills in March 2009 in the same role he holds today, working alongside the group CEO on all financial matters, significant M&A, technology and investor relations.

He is a member of both the group and regional boards, and is chair of Grosvenor Hill Ventures.

The search process for a new group CFO will now commence.

In an RNS announcing the succession plan, Savills chair Stacey Cartwright thanked Mark for his leadership.

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“He has successfully steered the business through Brexit and its aftermath and the pandemic years, and more recently global macroeconomic and geopolitical headwinds, navigating these very significant challenges whilst growing the business at the same time,” said Stacey.

“Simon is a highly experienced and respected senior Savills executive who will lead the group's strong management team through the next phase of the development of the Savills business worldwide.

“The board and I very much look forward to working with him as group chief executive."

Despite retiring at the end of 2025, Mark will remain available in a senior advisory role supporting the business.