The Company wishes to announce the very sad news of the passing of David Lockhart, co-founder of NewRiver and Non-Executive Chairman of Hawthorn.

David was an entrepreneur, family man and inspirational leader. He was highly respected across the industry, and in a long and varied career set up three successful businesses. David was particularly proud of Hawthorn and NewRiver, which he founded with Allan Lockhart and Mark Davies in 2009. He played a major part in creating the group that is now a leading retail and community pub company with a portfolio valued at £1.2 billion, before stepping down as Chief Executive in 2018.

In addition to exceptional business acumen, David had a great passion for property and people. He firmly put people at the core of everything he did and was very generous with his time, developing and shaping so many careers and a legacy culture that the Company and its stakeholders will always benefit from. David will be greatly missed by many of his current and former colleagues, close advisors and a wide range of industry contacts, a large number of whom became close personal friends over the years.

Mark Davies, CEO, Hawthorn said: “David was a close personal friend and mentor, and we are deeply saddened by this news. The thoughts of everyone at Hawthorn are with David's family at this difficult time. As Chairman of Hawthorn, David provided invaluable counsel and advice to our board, and we benefited hugely from his long and distinguished career in business. He and I worked tirelessly with our brilliant team to help create a market leading Community Pub company. David was a brilliant entrepreneur and will be remembered for his warmth, good humour, wisdom and sharp intellect and we will all miss him dearly.”

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