Workspace hands the reins to 
Charlie Green

Workspace Group has confirmed that Charlie Green, co-founder of The Office Group, will take the reins as Chief Executive, marking a significant leadership shift for the listed workspace operator.

Green will succeed Lawrence Hutchings, who steps down on 2 February after just over a year in the role. The appointment lands at a pivotal moment for Workspace, as the business reshapes its portfolio and looks to reignite both occupancy and income growth. 

The board has also announced Tom Edwards-Moss as CFO-designate, with the incoming finance chief due to take over on 23 February. Outgoing CFO Dave Benson will remain in post until the end of April to ensure continuity through the transition.

The leadership change comes against a noisy shareholder backdrop. Major investor Saba Capital, which holds around 13.5% of Workspace, has been vocal in recent months, previously calling for a managed wind-down and raising questions around the group’s shareholder structure.

Workspace chair Duncan Owen said Hutchings had been instrumental in defining and launching the group’s “Fix, Accelerate and Scale” strategy, but that Green’s track record made him the right leader to push execution forward. "Charlie Green's deep expertise in growth strategies and operational performance ideally positions him to accelerate the execution of our existing strategy", he said.

Green is one of the most recognisable figures in the flexible workspace sector. Over more than two decades, he scaled TOG into a design-led, customer-first platform with more than 70 locations across the UK, steering the business through multiple investment cycles - including the infamous Blackstone majority acquisition in 2017 - helping set the benchmark for premium flex in London.

Commenting on his appointment, Green said: "I am hugely excited about the opportunity to lead Workspace, a business that I know well and have long admired. Workspace has an outstanding portfolio of characterful buildings and a customer proposition that is highly relevant in today's market".

He added, “working alongside a strong and well-regarded team, I have every confidence that the business has an exciting future ahead of it. The strategy in place is clear and provides the right platform to rebuild occupancy and drive income growth over time."

Ahead of the leadership transition, Workspace’s last full-year results for the 12 months to 31 March 2025 showed net rental income of £122.1m and a pre-tax profit of £5.4m, as the business continues to reshape its portfolio. The group is midway through a right-sizing programme, having sold more than £100m of assets to double down on what it calls its “conviction assets” and support long-term growth.

Green’s arrival adds further weight to the strategy already in motion. With a sharpened portfolio, a clearer focus on execution and one of the sector’s most seasoned individuals at the helm, Workspace appears more equipped than ever to deliver on its ambitions.

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