Federation Centres stuns market by replacing CEO Steven Sewell with Angus McNaughton effective immediately

By Carolyn Cummins
Updated August 3 2015 - 3:13pm, first published 1:48pm
Angus Mcnaughton, the new CEO of Federation Centres who has replaced Steven Sewell.
  Photo: louise kennerley
Angus Mcnaughton, the new CEO of Federation Centres who has replaced Steven Sewell. Photo: louise kennerley

Retail landlord Federation Centres has surprised the market with the appointment of former Novion Property's Angus McNaughton as the new chief executive, to replace Steven Sewell, effective immediately.

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