Business
QuadReal Announces New Board Chair
QuadReal Property Group (QuadReal), a global real estate investment, development and operating company, announces the following changes to its Board of Directors.
About this update from Commercial Real Estate Co.
[{"type":"text","content":"Scott Hutcheson appointed Board Chair, effective January 1, as several directors retire.","length":88,"tagName":"p","attribs":{}},{"type":"text","content":"VANCOUVER, BC, Dec. 10, 2025 /CNW/ - QuadReal Property Group (QuadReal), a global real estate investment, development and operating company, announces the following changes to its Board of Directors.","length":199,"tagName":"p"},{"type":"image","alt":"QuadReal (CNW Group/QuadReal Property Group)","displaySize":"","headline":null,"caption":"QuadReal (CNW Group/QuadReal Property Group)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":158,"url":"https://media.zenfs.com/en/cnwgroup.com/816520746882b498e6c1e2bb50335281"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/37Kzz979whl.n.0NKwmtGA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI3ODtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/816520746882b498e6c1e2bb50335281","width":400,"height":158}},"href":"https://mma.prnewswire.com/media/2841863/QuadReal_Property_Group_QuadReal_Announces_New_Board_Chair.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"After nearly a decade of dedicated service, Thomas Garbutt is stepping down as Board Chair of QuadReal. The position will now be held by R. Scott Hutcheson, who joined the Board in September 2023 and brings over 30 years of executive experience across public, private and not-for-profit organizations. Scott is the Executive Chair of Aspen Properties, a fully integrated, privately held commercial real estate company based in Calgary. He is also the current Chair of Invest Alberta Corporation and has several decades of board experience including an ICD designation.","length":568,"tagName":"p"},{"type":"text","content":""I wish to thank Tom for his exemplary leadership at QuadReal as board chair, I feel fortunate to have served and learned from his example for the past two years," said Scott Hutcheson. "I am grateful for BCI and the Board's confidence as we move forward together. Alongside my fellow directors, we look forward to serving QuadReal's stakeholders, and management team, with a continued focus on developing long-term value and responsible governance."","length":478,"tagName":"p"},{"type":"text","content":"Tom Garbutt joined the Board in 2017 and took on the role of Chair in 2018. "It has been...