Pub company boss moving on to head up bakery chain
THE boss of Burton pub company Punch Taverns has announced he is leaving in order to take up a position with bakery chain Greggs.
Chief executive Roger Whiteside is resigning from Punch, which has several pubs in Derbyshire, in order to take up the same post at the bakery.
Mr Whiteside, who is currently a non-executive director of Greggs, will leave Punch on Friday, February 1.
He began his career at Marks and Spencer, where he spent 20 years, becoming head of its food business. He was one of the founders of internet groceries retailer Ocado and served as joint managing director from 2000 to 2004. From 2004 to 2007, he led a business turnaround as chief executive of the Thresher Group off-licence chain, before joining Punch.
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Mr Whiteside said: "I joined the Greggs board in 2008 and I have been impressed with the team, which I have got to know well.
"I look forward to working with them to further develop our strategy. Greggs is a great business with an iconic brand that has strengthened considerably over the past few years."
Punch has appointed Stephen Billingham as executive chairman and Neil Griffiths as chief operating officer to "ensure continuity in the leadership".
The firm, which is currently in the process of selling off some of its pubs, said it had no immediate plans to appoint a replacement chief executive.
Mr Billingham said: "I would like to thank Roger for his significant contribution to the group in the last four years.
"Roger and the board have set out a clear operational plan to return the core estate to growth and maximise value from our non-core assets.
"I'm confident that, with the appointment of Neil Griffiths and with the experienced management team in place, we will continue with the progress we are making in delivering on these key strategic goals. The board wishes Roger every success in his new role."