Intu Properties, which was formed when Donald Gordon’s UK real estate group Liberty International was split in 2010, said on Thursday that Barbara Gibbes will take over as interim CFO on April 29, 2019. This comes a week after Intu finally announced a replacement for its long-standing CEO David Fischel, who said in July 2018 that he would leave the company after 18 years in the role. Matthew Roberts, Intu’s CFO since 2010, will replace Fischel at the end of April. The shopping centre owner said Gibbes’s interim role “will not be a board position”. The process to recruit a permanent CFO has commenced and will include internal and external candidates. “Barbara, a qualified chartered accountant, joined Intu as director of finance in January 2017 from Domino’s Pizza Group where she was group financial controller,” Intu said. Intu and other mall owners in the UK have been grappling with a surge in online shopping in recent years. This is placing pressure on rentals, while uncertainty ...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.