8th May 2018 13:34
LONDON (Alliance News) - Whitbread PLC on Tuesday announced the appointment of current SSE PLC Chairman Richard Gillingwater as a non-executive director and senior independent director.
Gillingwater, whose appointment is effective from June 27, is also currently the chairman of Janus Henderson Group PLC and a non-executive director of property firm Helical PLC.
Chairman Adam Crozier said: "I am delighted to announce the appointment of Richard Gillingwater as our senior independent director. He has played a key role in guiding many boards through periods of growth, M&A activity and restructuring.
"His experience will be of great value to Whitbread as we continue the transformation of our two businesses, Premier Inn and Costa, and as we pursue the demerger of Costa, which will provide shareholders with investments in two distinct, focused and market-leading businesses.
In late April, Whitbread committed to demerger its Costa Coffee brand, separating it from its other business Premier Inn.
Shares were down 0.1% on Tuesday at 4,236.00 pence each.
Related Shares:
Helical BarSSEWhitbread