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Fuller, Smith & Turner looking for new finance director with James Douglas to step down in December

The London brewer and premium pub company said Douglas and his family are moving to Germany, where his wife, Dr Anke Hoeffler, has been awarded a prestigious Humboldt Professorship
Pint of London Pride
Fuller's added that the search for a replacement is underway and it will keep shareholders updated

Fuller, Smith & Turner PLC (LON:FSTA) is looking for a new finance director after the London-based brewer and pub company revealed that James Douglas has decided to step down from that position and will retire from its board in December 2018.

In a statement, the FTSE SmallCap firm said Douglas and his family are moving to Germany, where his wife, Dr Anke Hoeffler, has been awarded a prestigious Humboldt Professorship.

READ: Fuller's makes good start to current year benefitting from prolonged summer weather, England’s World Cup performance

The London Pride ale group added that the search for a replacement is underway and it will keep shareholders updated.

The Chiswick brewer’s chairman Michael Turner commented: “The Board at Fuller’s would like to thank James for his contribution to Fuller’s success during the last 11 years. James has been a valued and supportive member of the Board.”

Douglas added: “I have thoroughly enjoyed my time at Fuller’s – it is a truly great business with an exciting future.”

Back at the end of July, Fuller’s said it has made a good start to the new financial year benefitting from the prolonged summer weather and feel-good factor of England’s World Cup performance.

In a trading statement for the 16 weeks from 1 April to 21 July 2018, the company said like-for-like (LFL) sales in its Managed Pubs and Hotels rose 4.0%, which was particularly pleasing against a strong comparative of 6.6% for the same period in the prior year.

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Fuller Smith & Turner Timeline

Article
November 18 2016

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