7th Jan 2016 16:29
LONDON (Alliance News) - Intu Properties PLC Thursday said it has made a string of changes to its senior management following the departure of its Chief Operating Officer Mike Butterworth, who will not be replaced.
Intu Properties said it has appointed Martin Breeden as development director to take charge of its UK development, but he will continue to oversee the Spanish business. Breeden joined Intu back in 2002 and was regional director prior to the promotion.
Julian Wilkinson has been appointed as asset management director and will seek to optimise the performance of Intu's shopping centres in the UK. Having joined in 2011, Wilkinson was also a regional director prior to the management shuffle.
Both of them will report to Intu Chief Executive David Fischel, although neither of them will be board members.
Current Chief Financial Officer Matthew Roberts will also take responsibility for Intu's centre-based operations whilst maintaining his finance role. As a result, Operations Director Gordon McKinney will work underneath Roberts.
"These appointments highlight the strength and depth of senior management within Intu. They also ensure we continue to have high quality and experienced people focused on delivering our strategy of optimising asset performance, driving development momentum and seizing the growth opportunity in Spain," said Fischel.
Intu shares were trading down 1.9% to 305.0 pence per share late Thursday.
By Joshua Warner; [email protected]; @JoshAlliance
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