UK: Mitchells & Butlers sees another chairman exit

Mitchells & Butlers (M&B) has confirmed another change of chairman.

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The UK pub group, which saw Simon Burke take over from John Lovering back in February, said earlier today that Bob Ivell has been appointed interim non-executive chairman after Burke told M&B that he is to step down. The reasons behind Burke's decision were not disclosed.

Lovering, who Burke had replaced, only joined M&B in January last year, when he replaced Simon Laffin as chairman.

“Bob (Ivell) has extensive board experience in food and beverage companies with a particular focus on food-led, managed restaurants and pubs,” M&B said in its statement.

At the same time, Michael Balfour has also decided to step down as a non-executive director, while Ron Robson, who has been on M&B's board since the beginning of last year, has been appointed to the role of non-executive deputy chairman.

M&B is scheduled to release its interim management statement next week.

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