People moves: the latest news on people moves, jobs and training from across the pub sector This week’s round-up includes news that Marston’s CEO Ralph Findlay is to leave his role after 20 years, City Pub Group has hired a former Walmart boss, and the founder of Seafood Pub Company is to lead a new Oakman division.
Marston’s CEO Ralph Findlay to step down
The CEO of Wolverhampton-based pub operator Marston’s, Ralph Findlay, will step down from his role at the end of the current financial year on 30 September 2021.
Findlay has been CEO of Marston’s since 2001 and has overseen recent developments including the launch of the Carlsberg Marston’s Brewing Company joint venture with Carlsberg UK and a deal to operate SA Brain’s pub estate in Wales.
By Alec Mattinson2021-03-04T09:03:00+00:00
Top story
The owner of B&M Bargains has hiked its full year profit expectations after sales continued to boom during the second lockdown period this year.
B&M European Value Retail said revenues and margins “have remained strong” in the period since last updating the market on 7 January, despite the uncertainties related to lockdown restrictions in the UK.
Performance in 2021 has been especially strong in its B&M fascia business in the UK.
Accordingly, the group now expects adjusted EBITDA for in 2021 financial year ending 27 March to be in the range of £590m to £620m, stated after the voluntary payment of business rates amounting to approximately £80m.
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