26th Sep 2005 10:00
Whitbread PLC26 September 2005 26 September 2005 Whitbread announces changes to Corporate functions to drive efficiencies andimprove operating performance Over the past year Whitbread has undergone significant structural change withthe acquisition of Premier Lodge and the disposal of Marriott and other smalleroperations. We have brought in new leadership and given new roles to some of ourmost experienced operators. Our focus is now on driving stronger operationalperformance and synergy from a more streamlined Whitbread. Part of this process has been a review of our head office senior management. Asa result we will be establishing a series of shared services that will serve allthe brands within the Group. These shared services will cover Human Resources,Property, Information Systems and Communications. The new structure will bringimprovements in operating effectiveness and deliver cost savings at head office. We will give a full update at our Interim Results announcement on 25 October2005. Alan Parker, Chief Executive, Whitbread PLC said: "We have substantiallyreshaped this company and built a solid platform for growth in our three coreareas of budget hotels, restaurants and leisure clubs. This new structure willeliminate duplication between the corporate centre and the brands, improve thespeed and efficiency of our operations and reduce costs. It represents animportant initiative in our drive to continually improve our performance." Ends For more information please contact Investor enquiries:Christopher Rogers +44 (0) 1582 396 420 Media enquiries:Anna Glover, Whitbread PLC +44 (0) 1582 844 439Andrew Grant, Tulchan +44 (0) 20 7353 4200 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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