Sargeson exits Laurel as chief executive

From The Publican

By Hamish Champ , 17-May-2006

Related topics: General News, Company & City News

Mr Sargeson's position was believed to be under scrutiny following the arrival of ex-Laurel boss Ian Payne as executive chairman.

Three months ago Laurel's owner, R20, brought in Mr Payne to beef up its acquisition efforts, although the consortium led by R20 failed to successfully bid for Mitchells & Butlers earlier this month.

Laurel meanwhile underwent a major divisional restructuring programme recently, a process overseen by Mr Sargeson.

A number of other senior Laurel management, including financial controller Nigel Stock, are also believed to have resigned.

Mr Sargeson confirmed to that he had left Laurel but said he was currently not in a position to give any details as to the reasons for his departure.

Mr Payne is expected to take on the role of chief executive until a replacement is found.

Find us on Facebook


Top tips for Halloween & Bonfire Night

Top tips for Halloween & Bonfire Night

Phil Mellows speaks to licensees and brand owners to find out ways pubs can increase footfall during...

Day of the Dead: hosting the event

How to host a Day of the Dead event

Pubs hosting Day of the Dead celebrations can boost footfall, gain attention and remind people that life...

Legal advice: combating cumulative impact

Legal advice: combating cumulative impact

The words ‘cumulative impact’ can strike fear into the hearts of operators across the land, particularly if...

Milkshakes: How to boost your GP

Milkshakes: How to boost your GP

Milkshakes are not just drinks for children. Nigel Huddleston adds a double shot of spirit and shows...

Follow us on