3 August 2009
Mitchells & Butlers plc
Adam Fowle appointed Chief Executive
The Board of Mitchells & Butlers plc is pleased to announce the appointment of Adam Fowle as Chief Executive, with immediate effect. Adam has been acting Chief Executive at Mitchells & Butlers since 21 May 2009.
Adam Fowle joined the Board in October 2007 when he was appointed Managing Director for Restaurants. He has more than 20 years' experience in licensed retailing, having joined Mitchells & Butlers in 1984, holding a number of operational and strategic roles, latterly becoming Managing Director of the Pubs & Bars division. Adam was also Retail Director at Sainsbury's for two years before rejoining Mitchells & Butlers in 2005 as Business Development Director.
Drummond Hall, Chairman, Mitchells & Butlers, commented on the appointment: 'The Board appointed Adam as Chief Executive after an extensive search process which considered both internal and external candidates. I have no doubt that Adam will continue to build on the excellent track record he has already developed at the Company and, drawing on his wealth of experience, will continue to drive the business's strong performance.'
Adam Fowle said: 'Mitchells & Butlers is a great business with tremendous prospects. I sincerely welcome this opportunity to lead the Company forward and, together with the management team, intend to build on the success of our operational strength to make the most of our future potential.'
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For further information, please contact:
Investor Relations: |
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Erik Castenskiold |
0121 498 6513 |
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Media: |
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Alastair Scott |
0121 498 6004 |
James Leviton (Finsbury Group) |
0207 251 3801 |
Notes for editors:
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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 almost four times greater than that of the average UK pub. |
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Mitchells & Butlers' leading portfolio of brands and formats includes Ember Inns, Harvester, Sizzling Pub Co., Toby Carvery, Vintage Inns, Crown Carveries, All Bar One, O'Neill's, Nicholson's and Browns. In addition, Mitchells & Butlers operates a large number of individual city centre and residential pubs. |