MARSTON'S PLC ("the
Company")
Chair
Appointment
4 July 2024
Marston's PLC is pleased to announce
that, following an extensive external process, Kenneth ("Ken") Lever has today been appointed as independent
non-executive Chair of the Company with effect from 8 July
2024. Ken Lever succeeds William Rucker who, as previously
announced, steps down from the Board on the same date. Ken will
also be appointed as Chair of the Nomination Committee.
Ken is an experienced business
leader, having held a number of senior executive and non-executive
positions at UK listed firms, across multiple sectors including
retail, manufacturing, construction, software and business
services. He is currently Non-executive Chair at Cirata PLC, Senior
Independent Director at Rockwood Strategic plc, and Deputy Chair of
Rainier Developments Limited. Ken has recently retired from the
Board of Vertu Motors PLC and was previously the Non-Executive
Chair of Biffa plc and RPS Group plc and a Non-Executive Director
at Blue Prism plc.
Octavia Morley, Senior Independent Director, who led the
succession process commented: "Following a thorough
independent selection process, I am really pleased to announce that
Ken will be joining Marston's as non-executive Chair. Ken brings a
strong and valuable external perspective to the Board and his broad
range of business skills and experience will support Justin and the
team as the business continues the next phase of its
development."
Ken
Lever, commented: "I am
delighted to be joining Marston's
at this juncture and enthused by the opportunity ahead. Marston's
is a quality business with strong market presence, and I am looking
forward to working with the Board, Justin and the wider team to
deliver sustainable growth that will drive value for our
shareholders."
ENQUIRIES:
|
Marston's PLC
via
Instinctif
|
Instinctif
Partners
Tel: 020 7457 2020
|
|
Justin Platt, CEO
Hayleigh Lupino, CFO
|
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 c1,370 pubs situated nationally, comprising managed,
franchised and leased pubs.
3. Marston's
employs around 10,000 people.
4. For the purposes
of Listing Rule 9.6.13(3)R, Ken was the Group Managing Director of
Corton Beach plc at the time it went into administration in October
1990.
5. In accordance
with the Listing Rules, there are no additional matters that would
require disclosure under Rule 9.6.13 of the Listing Rules of the UK
Financial Conduct Authority.