Atrium European Real Estate Limited, one of the leading real estate companies focused on shopping center investment, management and development in Central and Eastern Europe, announces the appointment of David Doyle as Chief Financial Officer, with effect from January 1, 2012.
Doyle will replace Robert Bolier who is leaving the company to pursue other business interests. Robert will remain with the company until after Doyle's arrival to ensure an orderly handover.
David Doyle joins the company from Prologis, Inc. (NYSE: PLD), where he has been European Chief Financial Officer since July 2009. At Prologis, Doyle was a member of the European Executive Committee and led a team of over 100 finance professionals across 10 countries.
In this role, Doyle held CFO responsibility for three separate ownership structures and balance sheets with total assets under management of over 7 billion including: the European subsidiaries of Prologis, a S&P500 REIT; Prologis European Properties, a Euronext (Amsterdam) quoted open-ended property fund (Euronext: PEPR); and Prologis European Properties Fund II, a non-listed open-ended property fund.
Prior to Prologis, Doyle was Chief Financial Officer at Colliers CRE plc, one of the leading commercial real estate consultancy groups in the UK. At Colliers CRE he was responsible for all finance and operational risk management affairs, as well as working alongside the group's chief executive to develop and implement strategy, which included capital raising and acquisitions.
Previously, Doyle was the Chief Financial Officer and an Executive Board Director at Egg plc, one of the UK's leading internet banks. From 1996 to 2003, Doyle held various senior finance roles at Prudential plc, most latterly head of corporate finance, with responsibility for all group level mergers, acquisitions, dispositions and associated strategic activities. His achievements included leading the NYSE listing and concurrent £200 million US equity raising for Prudential plc.
Doyle is a Fellow of the Institute of Chartered Accountants in Australia and he holds a Bachelor of Business degree from the Royal Melbourne Institute of Technology.
Commenting, Rachel Lavine, CEO of Atrium said: "Having undergone a significant amount of restructuring over the past few years, Atrium has reached a transition point where the focus is now firmly on growth. David's extensive experience in both the real estate sector and of capital markets make him the ideal candidate to see us through this next phase of Atrium's evolution and into the future. It therefore gives me great pleasure to welcome him to the company.
"I would also like to take this opportunity to thank Robert for all of his work in restructuring and stabilizing the company since his appointment in January 2009. His contribution in putting Atrium on such a stable platform for growth has been invaluable and I wish him all the best for the future."
Source: FTI Consulting