Departing Intu Properties CEO David Fischel. Picture: FINANCIAL MAIL
Fischel had been expected to leave at the end of December, having been CEO since 2001 and worked at the group since 1985. He stayed on however as acting CEO while Intu looked for a replacement. “The board has appointed Matthew following a rigorous search process which included a number of first-class internal and external candidates,” Intu said.
The company said he had a “strong track record at Intu of successfully recycling capital, with over £1bn of assets having been sold since he joined”.
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