26th Jun 2007 07:02
Mitchells & Butlers PLC26 June 2007 BOARD CHANGES Mitchells & Butlers plc today announces that Tony Hughes, aged 59, will retirefrom the Board of the Company on 31 December 2007. He will step down as ManagingDirector, Restaurants on 1 October 2007, the end of the current financial year,and will be succeeded by Adam Fowle, currently Managing Director for theAcquired Sites and Business Development, who will join the Board on that date.Tony will assist in the operational handover and the further development of foodcapabilities in the business until his retirement. Adam Fowle has some 20 years' experience in licensed retailing, having joinedMitchells & Butlers in 1985. He was previously Managing Director of the Pubs &Bars division, before being Retail Director at Sainsbury's for two years. Herejoined Mitchells & Butlers in 2005. Tim Clarke, Chief Executive commented "I would like to thank Tony Hughes for hisoutstanding contribution to building Mitchells & Butlers' leadership position inthe eating out market over the past 12 years, and wish him well in his futureretirement. I look forward to the strong contribution that Adam Fowle's retailexperience will bring to the role." For further information please contact: Investor Relations:Erik Castenskiold 0121 498 4907 Media:Kathryn Holland 0121 498 4526 Note: No information is required to be disclosed pursuant to LR 9.6.13R in respect ofthis appointment. Note for editors: - Mitchells & Butlers owns and operates around 2,000 high quality pubs in prime locations nationwide. The Group's predominantly freehold, managed estate is biased towards large pubs in residential locations. With around 3% of the pubs in the UK, Mitchells & Butlers has 10% of industry sales, and average weekly sales per pub of over three times the industry average. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Mitchells & Butlers