22nd Jan 2014 07:31
LONDON (Alliance News) - Hotels and coffee shops operator Whitbread PLC Wednesday said Chairman Anthony Habgood will step down later this year.
Habgood has been Chairman of the company since mid-2005. The process to find his successor will be led by Ian Cheshire, the company's senior independent director.
"With the company having a strong board and a clear strategy for growth, I believe that this year is an appropriate time to hand over to a successor," Habgood said in a statement.
"It has been a pleasure to be Chairman over a period of rapid growth as we have transformed Whitbread into a focused company and developed two market-leading brands, Premier Inn and Costa," he added.
By Steve McGrath; [email protected]; @SteveMcGrath1
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