Experienced Finance Expert Takes the Helm

  • Robert Allen appointed as new CFO of Intu
  • Allen’s experience in refinancings, M&A, treasury, and investor relations
  • Former group CFO of Crest Nicholson Plc
  • Served at British American Tobacco from 1998 to 2016
  • Qualified chartered accountant

Intu has appointed Robert Allen as its new Chief Financial Officer, effective from June 10th. With experience in refinancings, M&A, treasury, and investor relations, Allen brings valuable skills to the company. He previously served as group CFO of Crest Nicholson Plc until 2018 and held senior finance roles at British American Tobacco from 1998 to 2016. As a qualified chartered accountant, he will work alongside CEO Matthew Roberts to drive strategy and adapt to the retail environment.

Factuality Level: 10
Factuality Justification: The article provides accurate and relevant information about Robert Allen’s career history and his appointment as the new CFO of Intu. It also mentions the previous interim CFO, Barbara Gibbes, resuming her duties as director of finance.
Noise Level: 3
Noise Justification: The article provides relevant and factual information about the appointment of a new chief financial officer at Intu, including his background and experience. It also mentions the previous interim CFO’s role. However, it lacks analysis or discussion on the implications of this change for the company or the industry.
Financial Relevance: Yes
Financial Markets Impacted: Intu and related companies
Financial Rating Justification: The article discusses the appointment of a new chief financial officer for Intu, which is likely to impact the company’s financial operations and strategy. It also mentions the previous experience of the new CFO in finance roles at other companies such as British American Tobacco and Crest Nicholson Plc, making it relevant to financial topics.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no extreme event mentioned in the text.

Reported publicly: www.retailsector.co.uk