Mitchells & Butlers PLC
26 June 2007
Mitchells & Butlers plc today announces that Tony Hughes, aged 59, will retire
from the Board of the Company on 31 December 2007. He will step down as Managing
Director, Restaurants on 1 October 2007, the end of the current financial year,
and will be succeeded by Adam Fowle, currently Managing Director for the
Acquired Sites and Business Development, who will join the Board on that date.
Tony will assist in the operational handover and the further development of food
capabilities in the business until his retirement.
Adam Fowle has some 20 years' experience in licensed retailing, having joined
Mitchells & Butlers in 1985. He was previously Managing Director of the Pubs &
Bars division, before being Retail Director at Sainsbury's for two years. He
rejoined Mitchells & Butlers in 2005.
Tim Clarke, Chief Executive commented "I would like to thank Tony Hughes for his
outstanding contribution to building Mitchells & Butlers' leadership position in
the eating out market over the past 12 years, and wish him well in his future
retirement. I look forward to the strong contribution that Adam Fowle's retail
experience will bring to the role."
For further information please contact:
Erik Castenskiold 0121 498 4907
Kathryn Holland 0121 498 4526
No information is required to be disclosed pursuant to LR 9.6.13R in respect of
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 Exchange