Board Changes (7197E)
April 12 2011 - 2:01AM
UK Regulatory
TIDMPUB
RNS Number : 7197E
Punch Taverns PLC
12 April 2011
Embargoed release
12 April 2011
Punch Taverns plc
Board Appointment
The Board of Punch Taverns Plc ("Punch" or "the Group") today
announces that Walker Boyd will join the Board with immediate
effect as a Non-Executive Director, and will become Non-Executive
Chairman of Spirit plc at demerger.
Walker Boyd, aged 58, is Non-Executive Chairman of WH Smith, a
position he has held since 1 September 2010 after joining the Board
as Non-Executive Director in February 2010. He has substantial
retail expertise both in the UK and the USA. He was Group Finance
Director at Signet Jewellers Limited, previously Signet Group plc,
until June 2010, having held this position since 1995.
No further information is required to be disclosed in respect of
Walker Boyd pursuant to
Listing Rule 9.6.13R (1) to (6).
Commenting on the appointment, Ian Dyson, Chief Executive of
Punch Taverns plc, said:
"We are delighted to welcome Walker to the Board. He brings a
significant amount of consumer and City experience to the team,
having held senior leadership roles in both UK and US listed
companies working in challenging market environments. I look
forward to working with him closely, both in the run up to demerger
and in his role as Chairman of Spirit plc."
Walker Boyd said:
"I am excited to be joining the Group and by the opportunity to
be Chairman of Spirit following the demerger. Strategic and
operational progress is already being made across the business and
it is well positioned for growth. I look forward to working with
Spirit's management team to help develop the strategy and the
execution required to deliver shareholder value."
- Ends -
This statement should be read in conjunction with the Punch
Taverns plc interim results announcement, also released today.
Enquiries:
Punch Taverns plc Tel: 020 7255 4000
Ian Dyson, Chief Executive
Sarah Perrins, Head of PR & Communications Tel: 07774 925943
Brunswick Group LLP Tel: 0207 404 5959
Catherine Hicks
Nina Coad
This information is provided by RNS
The company news service from the London Stock Exchange
END
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