Mitchells & Butlers plc announces that Mike Bramley, Managing Director of the Pubs & Bars division, has decided to retire from the Board of the Company on 30 April 2009 when he will be 58. He will step down as Managing Director of Pubs & Bars at the end of the first half of the current financial year on 11 April 2009. Subsequently, the operational structure of the business will be consolidated under Adam Fowle, currently Managing Director of the Restaurants division. From this date Adam will be appointed as Chief Operating Officer. Mike will assist in the operational handover of the Pubs & Bars business until his retirement.
Adam Fowle initially joined Mitchells & Butlers in 1985 and was previously Managing Director of the Pubs & Bars division between 1999 and 2002. He is aged 50 and has been Managing Director for the Restaurants division since October 2007.
Tim Clarke, Chief Executive commented "I would like to thank Mike Bramley for his outstanding contribution to Mitchells & Butlers over the past 29 years and wish him well in his future retirement. I look forward to continuing to work with Adam Fowle to further develop Mitchells & Butlers' strength in the pub and pub restaurant sector."
No information is required to be disclosed pursuant to LR 9.6.13R in respect of this appointment.
For further information, please contact:
|Erik Castenskiold||+44 121 498 6513|
|Kathryn Holland||+44 121 498 4526|