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Meet the board with biographies and details of directorships

Executive Directors

  • Andrew Jacobs

    Chief Executive Officer

    Andrew established Lok'nStore in February 1995 after 8 years experience as a stockbroker at Nomura International in London. He has an MPhil in Economics from Cambridge University and BSc in Economics from the London School of Economics.

    Andrew is responsible for strategy, corporate finance and property.

  • Ray Davies

    Group Finance Director

    Ray, a chartered accountant, has held a number of senior finance positions in the construction and health and fitness sectors:

    In 1992, he was appointed Group Finance Director and Company Secretary of Dragons Health Clubs Plc during a period of rapid and sustained growth. Following its acquisition by Crown Sports Plc in 2000, he was appointed Finance Director of Crown Sports Clubs Division and Company Secretary of Crown Sports Plc, a fully listed company.

    From 1984 to 1992 Ray was Group Finance Director and Company Secretary of Mark Scott Construction Group.

    Ray is responsible for finance, administration and risk management.

  • Neil Newman-Shepherd

    ​Group Sales Director

    Neil joined the Lok’nStore group in October 2006 rising to the position of Group Sales Director in September 2014 and as an Executive Director of the Group since November 2015. Prior to joining Lok’nStore, Neil gained a wealth of experience in the retail sector including positions at Wickes and Woolworth plc.

    Neil takes responsibility for sales, marketing and our people in Lok’nStore.

Non-Executive Directors

  • Simon Thomas


    Simon has been an executive director of Lok'nStore since 1997 after a successful career in the publishing and finance sectors. He co-founded the emerging markets investment trust business at LCF Edmond de Rothschild. He has also worked at Swiss Bank Corporation, Nomura International and Reed International. As Chairman Simon is responsible for the composition and performance of the Board.

  • Richard Holmes

    Non-Executive Director

    Richard joined Lok’nStore in 2000. Richard was Marketing Director of Specsavers until early 2019 prior to which he held a number of senior positions within the Boots organisation, including Director of Offer Development at Boots e-commerce business, Marketing Director of Boots the Chemist and Director of Health & Beauty. Richard was also Head of Strategy Development for Unilever’s worldwide dental business and holds an MSc in Economics from Warwick University and a BSc in Economics from the London School of Economics.

    Richard sits on the Remuneration Committee.

  • Edward Luker

    Non-Executive Director

    Joined Lok’nStore in 2007. Edward is a well-known figure in the UK property industry, having worked for CB Richard Ellis for 33 years, where he has been a Director and Partner for 20 years. In 1997/8 Edward was Chairman of the Investment Property Forum, the industry body, and has acted for a number of pensions in the creation of property investment funds. Edward is a Fellow of the Royal Institute of Chartered Surveyors and is currently Consultant and Chairman of the Investment Advisory Committee of CBRE Real Estate Finance Limited.

    Edward sits on the Audit Committee and chairs the Remuneration Committee.

  • Charles Peal

    Non-Executive Director

    Joined Lok’nStore in 2007. Charles read PPE at Oxford before starting his career in 1977 at 3i Group, the leading UK quoted Venture Capital Company. He was the Chief Executive of Legal and General Ventures from 1988 to 2000, when he was also a Director of various quoted investment trusts and management buyouts. He is currently a Director of Warnborough Asset Management and he has chaired a UK manufacturing business and a Luxembourg umbrella fund.

    Charles chairs the Audit Committee.

Other Directorships

Executive Directors Directorships
Andrew Jacobs Andrew Jacobs (UK) Limited
Lok'nStore Limited*
The Box Room (Self Storage) Limited*
Ray Davies Ash Road SS Limited
Davies Elise Consulting Limited
Lok'nStore Limited*
Lok'nStore Trustee Limited*
Semco Engineering Limited*
Semco Machine Tools Limited*
Southern Engineering and Machinery Co. Limited*
Lincoln Space Solutions Limited
The Box Room (Self Storage) Limited*
ParknCruise Limited*
Neil Newman-Shepherd Lok’nStore Limited *
Non-Executive Directors Directorships
Simon Thomas Simon Thomas (UK) Limited
Lok'nStore Limited*
Richard Holmes Lok'nStore Limited*
Lok'nStore Trustee Limited*
Edward Luker Edward Luker Consultancy Limited
St George's School Ascot Trust Limited
Charles Peal Warnborough Asset Management Limited
Richard Holmes Lok'nStore Limited*
Lok'nStore Trustee Limited*
First Contact Limited**
*Lok'nStore Group Companies
**Guernsey registered company