Partly Cloudy

Partly Cloudy

max temp: 17°C

min temp: 7°C

ESTD 1874 Search

UK: Greggs names Punch Taverns boss as its new chief executive

15:38 24 January 2013

Greggs today named its new chief executive

Greggs today named its new chief executive

THE boss of pub company Punch Taverns is to swap pints for pasties after being named as the new chief executive of bakery chain Greggs.

shares

Former M&S food halls boss Roger Whiteside will take over from Ken McMeikan, who announced his intention to stand down in December last year.

Mr Whiteside, who is 54, is already on the board of Greggs, having served as a non-executive director since March 2008.

His current job as chief executive of Punch involves a portfolio of around 4,500 leasehold pubs. His career began at M&S where he spent 20 years before guiding grocery delivery chain Ocado as joint managing director in its early days between 2000 and 2004. He later led off-licence chain Threshers until 2007.

He said today: “Greggs is a great business with an iconic brand that has strengthened considerably over the past few years. I believe we have a great future.”

Mr Whiteside will take up the role from February 4 and, following a handover period, Mr McMeikan will leave the company on March 8.

Newcastle-based Greggs has more than 1,650 outlets across the UK.

Its shares opened 1% higher today following the announcement.

N+1 Singer analyst Sahill Shan said: “Roger Whiteside’s PLC and extensive consumer facing experience will serve Greggs well. We await to see what strategic changes if any he puts through in the months ahead.”

Mr McMeikan, who led a successful campaign against the Government’s “pasty tax” last year, is leaving to take the top job at catering group Brakes.

shares

0 comments

Alex Till of Menta.

Suffolk-based Enterprise agency Menta and the county branch of the Institute of Directors (IoD) are working together to help Suffolk business owners as they strive for growth.

The water unit from the Prince's Street fire station with Ipswich with officials from the Port of Ipswich and students from Suffolk New College at the water safety demostration hosted by the port.

The Port of Ipswich teamed up with Suffolk Fire and Rescue Service to stage a rescue simulation off Orwell Quay.

From left, Chris Chamberlain from HTK, Vicki Cole from Crafted and Helen Dodman from Ipswich Central, the three organisations behind the Destination Digital conference.

The company behind the delivery of the Ipswich town centre Business Improvement District project has teamed up with two local digital specialist to stage a conference on online marketing for the tourism and hospitality sectors.

French Connection has warned that it faces a substantial loss when it posts its annual results.

Fashion chain French Connection today warned that it now expects to make a big annual loss after seeing its recovery hopes dashed by a difficult spring trading period.

Andrew Harrison, managing director of Stansted Airport.

Manchester Airports Group, parent company of Stansted Airport, scored a four-star rating in Business in the Community’s 2015 CR Index.

Dominic Casserley, group chief executive of Willis.

Global risk advice and insurance broking firm Willis has launched a 550million euro (£393m) offer to take full control of the French broker Gras Savoye.

Sainsbury's is to cut 800 jobs as part of a restructuring of its store operations.

Sainsbury’s is to cut 800 jobs as it becomes the latest supermarket to restructure its operations in the face of tough trading conditions.

The CWind Sword offshore support vessel.

Colchester-based offshore service vessel manufacturer CTruk has won an order to supply two more of its MPC22 boats to sister company CWind.

Kay Allen, founder of Trading for Good, and Paul Winter, chief executive of Ipswich Building Society.

Ipswich Building Society has been presented with a Responsible Business Award at a Trading for Good East of England event held in its home town.

Savills has agreed a deal to acquire Smiths Gore.

Property services group Savills has agreed the acquisition of residential and rural agency chain Smiths Gore for an undisclosed sum.

Most read

Most commented

Topic pages