Unibail-Rodamco-Westfield (URW) has announced the extension of its management board, which is effective from 8 January.
In its latest management shake-up, the shopping centre owner appointed Olivier Bossard, the group’s chief investment officer and Astrid Panosyan, URW’s chief resources officer, to the management board.
URW states the extended board will be a decentralised business model where more power will be given to the group’s regions.
In its latest update, URW also announced it has appointed Scott Parsons as its chief operation officer, having first joined the group in November 2018 as regional managing director.
Parsons said: “As we start the year with the announcement of the new group organisation structure, I am delighted to lead one of the key regions which includes Europe’s two largest shopping centres plus some of our biggest residential developments.
“The focus on customer is paramount in our approach and something that is very much at the heart of everything we do here in the UK.”
He added: “I very much look forward to continuing this journey, alongside my colleagues across Europe and the US, within the new organisation structure.”