Last checked at 10 Dec 2012 07:00
10 December 2012
Greggs plc("Greggs" or the "Group")
Board Change
The Board of Greggs plc announces that its Chief Executive, Ken McMeikan, has informed the Board of his intention to leave the Group to take up the position of Chief Executive of Brakes Group.
The recruitment of a new Chief Executive will now begin. Ken has agreed with the Board that he will stay in his role, and a member of the Board, whilst a successor is appointed; this will be announced in due course.
Derek Netherton, Chairman of Greggs, said "We are very grateful to Ken for the valuable contribution he has made to Greggs. He has led the company through the major changes that have put us in a strong position for the future with a clear strategy for growth in a difficult environment. We wish Ken well in his new role."
Ken McMeikan, Chief Executive of Greggs said "It has been a great honour to lead Greggs since 2008. It is a wonderful company with fantastic people and I am enormously proud of all that we have achieved together. There are many exciting growth opportunities ahead for the business and the team are well placed to deliver them."
Greggs issued an Interim Management Statement in 11 October, 2012 and there has been no significant change to trading since then. The usual statement on trading over the Christmas period will be made on 9 January, 2013
ENQUIRIES:
| |
Greggs plc | Hudson Sandler |
Derek Netherton, Chairman | Michael Sandler / Wendy Baker / Alex Brennan |
Tel: 020 7796 4133 | Tel: 020 7796 4133 |