27th Jan 2022 10:07
Whitbread PLC - Dunstable, England-based owner of Premier Inn chain - Promotes Hemant Patel to chief financial officer starting on March 21 when current CFO Nicholas Cadbury departs. Cadbury is moving to British Airways-owner International Consolidated Airlines Group SA, and IAG confirmed early Thursday that Cadbury will join on the same day, March 21. At IAG, Cadbury is replacing Steve Gunning. Patel joined Whitbread in 2018, and since then has been finance director of the UK Premier Inn & Restaurants business. Prior to Whitbread, Hemant was finance director of Greene King Pub Co and held a number of senior finance and commercial roles at grocer Asda Stores Ltd and confectioner Mars Inc.
Current Whitbread stock price: 2,999.41 pence, down 1.3% on Thursday
12-month change: up 3.8%
By Tom Waite; [email protected]
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