15 October 2021
WHITBREAD PLC
DIRECTORATE CHANGE
Whitbread PLC today announces that Nicholas Cadbury, who has been Group Finance Director for the last nine years, will be leaving to take up the position as Chief Financial Officer at International Airlines Group. Nicholas will step down as an Executive Director and Group Finance Director in Spring 2022. A process to determine a successor is now underway in line with Board succession planning, and Nicholas will work with the Chief Executive Officer and the Board to ensure an orderly transition.
Alison Brittain, Chief Executive, said "Nicholas has been our Finance Director for the last nine years and has done a tremendous job. Nicholas has been instrumental in ensuring that Whitbread emerges from the Covid pandemic in a very strong financial position, that will enable us to continue to grow and to deliver our strategy. I have thoroughly enjoyed working with Nicholas and would like to take this opportunity to express my personal thanks to him for all his hard work and dedication over many years and to wish him all the very best for the future."
Announcement authorised for release by Chris Vaughan, General Counsel
For more information please contact:
Investor queries
Whitbread, Paul Tymms, Director of Investor Relations | Paul.Tymms@whitbread.com
Media queries
Tulchan Communications, Sunita Chauhan / Jessica Reid | +44 (0) 20 7353 4200, whitbread@tulchangroup.com
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