Whitbread PLC announces that Nicholas Cadbury has been appointed as its new Group Finance Director. He will succeed Christopher Rogers who has become Managing Director of Costa Coffee. Nicholas will become a member of the Whitbread PLC Board and will join the company on a date to be announced in due course.
Nicholas is currently Chief Financial Officer of Premier Farnell PLC, which he joined in 2011. Previously, he was at Dixons Retail PLC in a variety of management roles, including Chief Financial Officer from 2008–2011.
Whitbread Chief Executive, Andy Harrison, said:
“We are delighted with this appointment, having conducted a thorough international search. Nicholas has experience as Finance Director in two different multi-national PLCs. In addition, he has 18 years experience of working in a multisite consumer business across a broad range of roles at Dixons, including Commercial Director for PC World and Managing Director for PC City, Italy. He brings a wealth of experience, which will be highly relevant to Whitbread as we continue to realise our ambitious plans for the business. Nicholas is an excellent addition to our team and we’re very pleased to have him on board.”
Whitbread Chairman, Anthony Habgood said:
“I would like to thank Chris Rogers for his outstanding contribution to the development of Whitbread over his time as Finance Director. We are fortunate to have his continued presence at the Board table as Managing Director of Costa Coffee. I would also like to welcome Nicholas as our incoming Group Finance Director. He will be an important additional member of Andy’s top management team as Whitbread continues on its growth path.”
Nicholas Cadbury commented:
“I feel privileged to be joining Whitbread and to be part of the management team at an exciting time in the Company’s development as it seeks to strengthen its presence, both in the UK and overseas. I look forward to the opportunity of using my retail consumer background and international experience to help drive its ambitious growth agenda.”