Peach Report

Ivell takes over as interim chair at M&B

14 July, 2011

Experienced pub and restaurant executive Bob Ivell has been appointed as interim chairman at Mitchells & Butlers, the company announced this morning. It follows the decision of Simon Burke to step down as non-executive chairman and as a director of the group.

At the same time Michael Balfour has also decided to step down as a non-executive director.

Ron Robson has been appointed to the role of non-executive Deputy Chairman.  Robson is a shareholder representative of Piedmont Inc. and has been a non-executive Director on the Board since January 2010.
Ivell, who joined the M&B board only in May, is a former boss of Scottish & Newcastle Retail and is chairman of the David Lloyd leisure business and has extensive board experience in food and beverage companies with a particular focus on food-led, managed restaurants and pubs.

"That hands-on experience and his renowned people skills can play a vital role in bridging the gap that appears to have grown in recent times between the executive team and investors on the board," commented Peach founder Peter Martin.

Mitchells & Butlers will release its Interim Management Statement as scheduled on 21 July 2011.

See Bob Ivell joins M&B board