INTU PROPERTIES PLC (“intu” or the “company”)
LEI: 213800JSNTERD5CJZO95
Directorate Change – Chairman
Appointment
intu announces that John
Strachan, a non-executive director of intu since
October 2015, will succeed
Patrick Burgess as Chairman of the
company following the conclusion of the AGM on 3 May 2017.
John brings a wealth of experience from the retail property
sector, an international perspective and extensive knowledge of the
Spanish retail property market. He was Global Head of Retail
Services and Chairman of the Retail Board at Cushman and Wakefield
until 2015 and prior to that Head of UK and European Retail at
Healey and Baker, with whom he commenced his career in 1972.
John is a past President and Chairman of the British Council of
Shopping Centres (now Revo). He is currently a member of the
Global & European Boards of the International Council of
Shopping Centres.
David Fischel, intu Chief
Executive, said:
"On behalf of the Board, I am delighted that John will be taking
over as Chairman of intu in May. With his vast experience and
knowledge of the retail real estate sector, he has made a
significant contribution since joining the Board.
Patrick Burgess had indicated his
intention to step down at the 2017 AGM. The Board would like
to record its sincere thanks to him for his outstanding service to
the company, both as a non-executive director since 2001 and as
Chairman since 2008. This period has seen substantial growth in the
company’s activities and includes such landmark events as the
demerger of Capital & Counties in 2010, the intu Trafford
Centre transaction in 2011, the rebranding as intu in 2013 and
recent entry into Spain. The Board has benefited from
Patrick’s significant experience, sound judgement and
leadership.”
ENDS
|
| David Fischel |
Chief Executive |
+44 (0)20 7960
1207 |
| Susan Marsden |
Group Company Secretary |
+44 (0)20 7887
7004 |
23 February
2017