New board appointments at Punch Taverns

30th June 2011, 10:55am

Stephen Billingham is joining the board of Punch Taverns pub group as non-executive chairman in September.

Billingham will be replacing Peter Cawdron who will retire from the board after serving for over eight years.

The board has also announced that Chris Bell will become a non-executive director of Spirit.

Commenting on the appointments, Ian Dyson, chief executive of Punch, said: "We are delighted that Stephen will become the Chairman of Punch. This marks further progress as we head toward the demerger later this summer. 

"Stephen brings with him extensive financial turnaround, risk and operational experience, which will be valuable in his role overseeing the development of Punch.

"We are also pleased to announce that Chris will join the Board of Spirit. He has extensive retail and leisure sector experience in the public arena and will bring this to bear as Spirit embarks on its future as a standalone company."

Billingham added: "I am looking forward to taking on the Chairmanship of Punch after the demerger and working with Roger Whiteside and his management team to unlock value. This is a business with a strong foundation, improving momentum and good long-term prospects."

Related Articles:

• 09 Jan 2012 - Pub company Punch Taverns pledges New Year community promise
• 07 Dec 2011 - Punch Taverns pub company raises almost £5.5k for Movember
• 21 Sep 2011 - Over 250 Punch pubs make CAMRA’s Good Beer Guide 2012
• 25 Jan 2011 - People moves at Punch Taverns pub company
• 16 Nov 2010 - Punch Taverns says goodbye to its finance director
• 14 Oct 2009 - Punch Taverns remain cautious
• 24 Sep 2009 - Over 300 Punch Tavern pubs put up for sale
• 16 Jun 2009 - Punch Taverns remain 'very cautious'
• 29 Apr 2009 - Punch Taverns offloads pubs worth £91m
• 27 Mar 2009 - Punch Taverns sells six of its pubs to Fuller's
• 10 Nov 2008 - Profits slump at Punch Taverns
• 08 Nov 2007 - Punch Taverns reports 13% profit rise

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