CFO promoted to chief executive
Intu Properties has appointed Matthew Roberts as chief executive with effect from Monday 29 April 2019. Matthew will succeed David Fischel who announced his intention to leave the company last year in the wake of two aborted takeover bids for the shopping centre landlord.
Roberts has been chief financial officer of intu since May 2010 and was CFO of Gala Coral from 2004 to 2008. Prior to that he was finance director of Debenhams and also held senior roles at Top Shop/Top Man and the Burton Group.
intu Chairman John Strachan said: “David’s substantial contribution to intu’s affairs over many years has been outstanding and he will be greatly missed by the board and all of intu’s staff. I would like to extend my personal gratitude to David for continuing to steer the Group for a longer period than was originally intended until we had completed our succession process. David will leave intu with our very best wishes.
Matthew has been an exceptional CFO at intu. This, combined with his extensive and relevant experience, including his proven expertise in leading strategic transformation projects, means he is absolutely the right person to lead this business going forward.”