5 March 2010
Mitchells & Butlers plc
Mitchells & Butlers announces that Jeremy Townsend, Finance Director, has resigned to join the Board of Rentokil Initial plc as Chief Financial Officer. A recruitment process has commenced and Jeremy will continue in his current rolefor up to six months to provide an orderly handover to his successor. A leaving date will be determined and announced in due course.
Commenting on Jeremy's resignation, Adam Fowle, Chief Executive, said:
"Jeremy has made a significant contribution to Mitchells & Butlers particularly since taking on the role of Finance Director in difficult circumstances two years ago. The Board would like to thank him for his work and wish him well in his future career."
For further information, please contact:
|0121 498 6513
|James Murgatroyd (Finsbury Group)
|0207 251 3801
Notes 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 over 10% of industry sales and average weekly sales per pub almost four times greater than that of the average UK pub.
|Mitchells & Butlers' leading portfolio of brands and formats includes Ember Inns, Harvester, Sizzling Pub Co., Toby Carvery, Vintage Inns, Crown Carveries, All Bar One, O'Neill's, Nicholson's and Browns. In addition, Mitchells & Butlers operates a large number of individual city centre and residential pubs.