Primonial REIM appoints Néez as new CFO and deputy managing director

In this role, Néez will oversee all financial activities for Primonial REIM across Europe. He will report directly to Laurent Fléchet, the company's president and CEO, and join the Executive Committee. Néez will be based in Paris.

This appointment comes amid the separation of Primonial Group's businesses.  Thibault Demoulin, who previously held the CFO role for both Primonial Ingénierie et Développement and Primonial REIM, will transition to Crystal following the acquisition of PID by Crystal, expected in June 2024. Until then, Demoulin will ensure a smooth handover to Néez.

As part of the group's restructuring, Néez will also assume responsibility for several support functions, including finance, internal audit, legal affairs, IT, risk management, and business continuity planning.

Laurent Fléchet, chairman and CEO of Primonial REIM, stated: ‘I am delighted to welcome Jean-Luc Néez to Primonial REIM. His financial expertise, operational experience, and knowledge of the property market are invaluable assets for our future development and to help us meet the challenges of this new property cycle.’

Jean-Luc Néez, CFO and deputy managing director of Primonial REIM added: "I look forward to making my contribution and using my experience to support Primonial REIM's strong pan-European development ambitions.’

Jean-Luc Néez brings a wealth of experience in finance to Primonial REIM, having held leadership roles since 2002. He served as finance director France at Unibail-Rodamco-Westfield. Most recently, he held the positions of Group Director of Accounting, Consolidation and Valuations, and Director of Finance Function Transformation at the same company.

Néez also boasts a successful track record in listed international groups, including Schneider Electric, where he was the finance director in Turkey, and Saint-Gobain, where he progressed from financial controller to finance director of the Fiberglass Division.