Board Appointments

RNS Number : 1404Y

Mitchells & Butlers PLC

28 August 2009

 



28 August 2009

Mitchells & Butlers plc (the 'Company')

Board Appointments

Mitchells & Butlers plc announces that Denis Jackson and Ray MacSharry have today been appointed as Non-Executive Directors of the Company with immediate effect. These appointments will further strengthen the range of skills and experience of the Board.

Denis Jackson has significant investment banking experience, joining Salomon Brothers in 1990, which later became part of Citigroup. Mr Jackson has extensive expertise in treasury and liability management functions and more recently was Head of EMEA Prime Brokerage Sales in London. He brings a combination of international and capital markets knowledge to the Board, having spent a number of years in New York and Hong Kong and previously within Corporate Banking at The Sumitomo Bank, Limited. Mr Jackson left Citigroup in 2009 but remains a Trustee of Citigroup Global Markets Limited Pension and Life Assurance Scheme having been elected in 2008.

Ray MacSharry has extensive corporate experience through his previous roles as Non-Executive Director of Bank of Ireland plc and Ryanair Holdings plc, having been Chairman of Ryanair Ltd before it became public in 1997. He was also Chairman of London City Airport, Eircom Group plc and Green Property plc and was appointed to the Board of Irish Life & Permanent plc in 2008 to represent the taxpayer under the Government's bank guarantee scheme.  Prior to this, Mr MacSharry held various ministerial positions in Ireland before taking on the role of Ireland's EU Commissioner. These included Minister for Finance, Minister for Agriculture and Governor of the European Investment Bank. 

The Company confirms that there is no further information about Denis Jackson and Ray MacSharry requiring disclosure under paragraph 9.6.13 (2) to (6) of the Listing Rules of the UK Listing Authority.

For further information, please contact:

Erik Castenskiold	Investor Relations	[phone]
James Leviton	Finsbury Group	[phone]

Notes for editors:

-	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.
-	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.

 

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