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Unibail-Rodamco-Westfield (ASX:URW) extends management board

ASX 200
ASX:URW      MCAP $806.5M
09 January 2021 10:00 (AEST)
Unibail Rodamco Westfield (ASX:URW) - CEO & Chairman, Jean-Marie Tritant

Source: Jean Marie Tritant/LinkedIn

Unibail-Rodamco-Westfield (URW) has extended its management board to “bolster its agility”.

The European commercial real estate company is headquartered in Paris, France and was formed in 2007 when Unibail and Rodamco Europe merged.

URW began the new year with the addition of CEO and Chairman, Jean-Marie Tritant, and Chief Financial Officer, Fabrice Mouchel, who has been with the company for almost 20 years.

The CFO will adjust the finance function to reinforce the ASX 200 lister’s capacities and monitor URW’s performance.

Effective from today, Olivier Bossard and Astrid Panosyan will join the management board.

Olivier is the new Chief Investment Officer and will lead the group’s deleveraging effort through disposals and will oversee the allocation of resources.

Astrid, the new Chief Resources Officer, will lead the company’s transformation to not only increase efficiency, but focus on essential activities and continuing to lead the “Better Places 2030” CSR strategy.

This strategy involves moving towards cutting carbon emissions by 50 per cent, implement a community resilience action plan and priorities corporate social responsibility and sustainability.

Additionally, Michel Dessolain has been appointed Chief Customer Officer until a permanent CCO joins the group at some point this year. While in the role, he’ll focus on making URW a more customer, digital and data-driven company and harness future growth.

URW shares are down 0.59 per cent, trading at $5.06 at market close.

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