Mitchells & Butlers in board shuffle
Birmingham pubco Mitchells & Butlers has appointed a new executive chairman as its interim director announced his resignation.
Bob Ivell, who has held senior positions in Whitbread, S&N and The Restaurant Group, will take on the role with immediate effect.
Mitchells & Butlers also announced that its interim chief executive and director Jeremy Blood has stepped down from his position. Blood said it was "a good time" for him to leave the company as he wanted to "resume other business interests".
Ivell will take on executive duties until an appointment is made, the company confirmed.
He said: "I am delighted to take on the role of executive chairman within this industry leading business. My immediate key tasks are to recruit a permanent, high quality chief executive, strengthen the board further with additional non-executive directors and ensure the implementation of our strategy for the benefit of shareholders.
"The board and I would like to thank Jeremy for his contribution to the business since he joined the Board in January 2010 and in particular for the leadership he has provided over the last seven months whilst assuming the role of interim chief executive. We wish him well in his future pursuits."
