JUST EAT plc Director Change (5507W)
February 10 2017 - 2:00AM
UK Regulatory
TIDMJE.
RNS Number : 5507W
JUST EAT plc
10 February 2017
10 February 2017
Just Eat plc
("Just Eat", the "Company" or the "Group")
Director change
The Board of Just Eat plc (LSE: JE.) announces that, due to
urgent family matters, David Buttress has informed it of his
intention to step down from his role as Chief Executive Officer.
David will work full time in the Company until the end of the first
quarter, at which time John Hughes, who has been Chairman of the
Board for almost six years, will assume the role of Executive
Chairman. John will work closely with David and Chief Financial
Officer Paul Harrison to ensure a smooth and orderly handover.
The Board is commencing an immediate search to find a
replacement for David. David has agreed to serve a minimum one-year
term as a non-executive director.
David Buttress said: "It has been a great privilege to work
alongside, and then lead, the exceptional team at Just Eat, helping
to build the business from the very first restaurant in the UK to
the company it is today. I would like to thank the Board for their
understanding, and I am very pleased that I will be able to
continue to play a role in the future of the business as a
non-executive director. This has been one of the best jobs in the
world, and I wish my successor all the best when they take on the
role."
John Hughes said: "The Board would like to thank David for his
outstanding contribution and respects his imminent need to focus on
other important matters. David has been an incredible leader and
colleague, who has earned the respect and loyalty of all who work
with him at Just Eat. David will leave as CEO with the business in
excellent health and with an experienced leadership team at the
helm. We look forward, in due course, to welcoming him as a
non-executive director. I will work closely with Paul Harrison and
the rest of the team as we recruit David's successor, and we will
provide an update on that process in due course. The company is
very strongly positioned for the future."
End
Enquiries:
Just Eat +44 (0)20 3667 6900
Adam Kay, Head of Investor
Relations
Brunswick Group LLP +44 (0)20 7404 5959
Sarah West, Chris Buscombe
About Just Eat:
Just Eat plc operates a leading global marketplace for online
food delivery. Headquartered in London, we use proprietary
technology to offer a quick and efficient digital ordering service
for over 17 million users and over 68,000 restaurant partners. Just
Eat is a member of the FTSE 250 Index.
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No.596/2014 ("MAR"). Upon the
publication of this announcement via a Regulatory Information
Service, this inside information is now considered to be in the
public domain.
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOAGMGGZFLZGNZZ
(END) Dow Jones Newswires
February 10, 2017 02:00 ET (07:00 GMT)
Just Eat (LSE:JE.)
Historical Stock Chart
From Mar 2024 to Apr 2024
Just Eat (LSE:JE.)
Historical Stock Chart
From Apr 2023 to Apr 2024