Marston's PLC Marston's PLC appoints Justin Platt as new CEO (7574T)
2023年11月17日 - 4:00PM
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RNS Number : 7574T
Marston's PLC
17 November 2023
MARSTON'S PLC ("the Company")
Marston's PLC appoints Justin Platt as new Chief Executive
Officer
17 November 2023
Marston's PLC today announces that , having navigated the
Company through the pandemic and more recently the challenging
macroeconomic conditions, Andrew Andrea has agreed with the Board
that he will step down as Chief Executive Officer with immediate
effect. He will, however, be available to the business for a period
to ensure a smooth handover of responsibilities.
The Board wishes to take this opportunity to express its
gratitude to Andrew for his commitment to the Group over his
tenure, which extends over 20 years.
The Board is pleased to announce that following an external
process, Justin Platt has been appointed as Chief Executive Officer
with effect from 10 January 2024. William Rucker, Chair, will
support the management transition in the short interim period with
the Executive team reporting directly into him.
Justin has over 30 years' experience in hospitality and
consumer-facing businesses, having spent the last 12 years at
Merlin Entertainments; most recently as Chief Strategy Officer and
prior to that in a variety of operational leadership roles. Justin
has a proven track record of delivering sustainable business growth
through his clarity of strategic focus, a passion for enhancing
customer experiences and a relentless focus on business results
delivery. Justin's combination of operational and strategic
experience in multi-site leisure businesses equips him perfectly to
lead Marston's through the next phase of its development.
Current trading remains in line with management expectations. As
previously highlighted, the Group will announce its preliminary
results on Tuesday 5 December 2023.
William Rucker commented: "Andrew has worked for the Company for
over 20 years and the Board thanks him for his valuable
contribution, particularly in recent times, which has been one of
the most challenging for our sector. He leaves with our very best
wishes.
"Looking forward, I am very pleased to be able to announce the
appointment of Justin Platt whose broad Consumer sector expertise,
strategic acumen and prowess in customer experience at Merlin will
be of great benefit to Marston's at this stage in the Company's
journey ."
Andrew Andrea commented: "I am extremely proud to have navigated
Marston's out of the pandemic as a focussed pub business and put in
place a first-class management team who are achieving market
outperformance. This is the right time for me to step down and I am
confident the business is in great shape with strong future
potential. I wish William, Justin and the whole team continued
success in the future."
Justin Platt commented: " I am delighted to be joining
Marston's. The Company has massive potential and a passionate and
talented team. I am really looking forward to working with the
Board and the management team to deliver the sustainable business
growth that will drive value for our shareholders."
ENQUIRIES:
Marston's PLC via Instinctif Instinctif Partners Tel: 020 7457 2020
William Rucker, Chair Justine Warren
Matthew Smallwood
Joe Quinlan
NOTES TO EDITORS
1. Marston's is a leading pub operator with a 40% holding in Carlsberg Marston's Brewing Company.
2. It operates an estate of 1,415 pubs situated nationally,
comprising managed, franchised and leased pubs.
3. Marston's employs around 11,000 people.
4. There are no other details that are required to be disclosed
under Rule 9.6.13 of the Listing Rules of the UK Listing
Authority.
5. The information contained in this announcement is deemed by
the Company to constitute inside information for the purposes of
Article 7 of the Market Abuse Regulation (EU) No. 596/2014 which
forms part of domestic law in the United Kingdom pursuant to the
European Union (Withdrawal) Act 2018
6. Remuneration arrangements for Justin Platt and severance
terms for Andrew Andrea are consistent with the terms of the
Directors' Remuneration Policy approved by shareholders at the AGM
in January 2023, full details of which will be set out in the
forthcoming Annual Report and Accounts.
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END
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(END) Dow Jones Newswires
November 17, 2023 02:00 ET (07:00 GMT)
Marston's (LSE:MARS)
過去 株価チャート
から 8 2024 まで 9 2024
Marston's (LSE:MARS)
過去 株価チャート
から 9 2023 まで 9 2024