Intu Properties Plc Directorate Change - Chairman Appointment

 
TIDMINTU 
 
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                         [phone] 
 
Susan Marsden     Group Company Secretary                 [phone] 
 
23 February 2017 
 
 
 
END 
 

(END) Dow Jones Newswires

February 23, 2017 02:00 ET (07:00 GMT)