Whitbread kicks off search for chair Crozier’s successor - report.
Premier Inn owner Whitbread has reportedly kicked off the search for a successor to chairman Adam Crozier and is working with Russell Reynolds Associates.
Whitbread
05 November 2024 13:10:11
Source: Sharecast
According to Sky News, headhunters acting for Whitbread have begun sounding out possible candidates for the post.
Crozier, who has been chair since 2018, is expected to step down at some point in the next 12 months, although he would not be 'timed out' under corporate governance guidelines until 2026.
Crozier is one of Britain's most seasoned boardroom figures. He chairs BT Group, market research and data firm Kantar - which is backed by Bain Capital - and WPP Group.
He previously ran the Football Association, ITV and - in between - Royal Mail Group, which during his period in charge included the Post Office.
Crozier appeared as a witness at the inquiry into the Horizon IT scandal earlier this year.
Halifax is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.
