Capital & Regional appoints new chairman
Shopping centre operator Capital & Regional has appointed David Hunter as non-executive chairman.
Hunter will take up his role at the conclusion of the company’s AGM on 20 May but will join the board as a non-executive director from 9 March. He will succeed Hugh Scott-Barrett who is leaving the business after 12 years.
Lawrence Hutchings, chief executive of Capital & Regional, said: “I’d like to thank Hugh on a personal level for the support he has extended to me over the past three years and for his invaluable contribution to Capital & Regional over the past 12 years, during a time of significant change for the sector, both in his role as CEO and more recently as chairman.”
Currently chairman of Custodian REIT, Hunter is a former managing director of Aberdeen Property Investors. During his time there he oversaw the company’s £6.5 billion UK and international assets.
Hutchings added: “David’s extensive experience and commercial knowledge will be invaluable to Capital & Regional as we look to further enhance our portfolio and deliver on our community shopping centre strategy, on behalf of our shareholders.”
