Board role for accountant

Rutherford joins board of property company NewRiver

Colin RutherfordNewRiver, the property investment and management company, has appointed Colin Rutherford, a Scottish chartered accountant, as a non-executive director.

Mr Rutherford, 59, is audit committee chairman of Mitchells & Butlers, a FTSE 250 restaurant, pub and bar operator. He is also on the board and audit committee of the oil and gas shipping and contracts services business, Renaissance Services, and on the board and audit committee of Nasdaq quoted Evofem Biosciences. He is also chairman of Brookgate, a property development business.

NewRiver’s portfolio includes New Kirkgate in Leith, and other properties in Edinburgh, Kilmarnock, Newton Mearns and Paisley. It was set up by David Lockhart, who founded Halladale in 1991. His son Allan is now chief executive.

Margaret Ford, non-executive chairman of NewRiver, said: “Colin brings with him a wealth of experience from his various leadership roles in public and private companies across a wide range of highly relevant sectors including retail, property development and leisure, pubs and hospitality.”

He will be appointed to the board’s audit, remuneration and nomination committees.

Mr Rutherford is member of the Institute of Chartered Accountants of Scotland and has corporate finance experience in both the leisure and hospitality industries.

He co-founded Intelli Partners with Gordon Neilly and was involved in the start up accountancy firm Rutherford Manson Dowds in the mid-1990s.

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