Unibail-Rodamco-Westfield sets CEO succession in 2026

Core Points - Unibail-Rodamco-Westfield (URW) has appointed Vincent Rouget as CEO and Chairman of the Management Board, effective January 1, 2026, reflecting the company's strong recovery and positive trajectory under the 'A Platform for Growth' business plan [2][3][6] - The succession plan, initiated by Jean-Marie Tritant in 2023, aims to ensure long-term leadership continuity beyond 2028, with Tritant leading the transition until the end of 2025 [4][8] - The Supervisory Board has expanded Anne-Sophie Sancerre's role to include COO Europe starting January 1, 2026, while other key executives will continue in their roles [5] Company Performance - URW's operational performance has shown a full recovery, supported by the strategic initiatives outlined in the 'A Platform for Growth' business plan [3][6] - The company operates 66 shopping centers across 11 countries, attracting over 900 million visits annually, and has a portfolio valued at €49 billion, with 88% in retail [11] Future Outlook - Vincent Rouget, who joined URW in 2023, is expected to successfully lead the implementation of the business plan, which focuses on sustainable value creation and strong shareholder returns [8] - The financial conditions related to the transition of leadership will be disclosed in accordance with applicable regulations [8]