intu properties has appointed David Hargrave as non-executive director. David brings to intu deep professional experience of working with businesses of all sizes which are undergoing change or restructuring. He will also take up the role of Chief Restructuring Officer as intu works through its strategy to fix the balance sheet. He is a qualified Chartered Accountant (Fellow of Chartered Accountants Australia and New Zealand) with 33 years of experience in Transaction businesses of Big-4 accounting firms. Throughout his career, David has led processes of change or restructuring within companies by active engagement with their stakeholders.
John Strachan, intu's chairman, said: "I am delighted to welcome David to the Board of intu. He brings a wealth of highly relevant experience from business turnarounds and restructuring. This will be of significant benefit as we work towards fixing the balance sheet and we look forward to his contribution to the Board's deliberations.”