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Marston's chief executive Ralph Findlay to step down

Industry veteran is leaving the top job at Wolverhampton-based brewery and pubco after two decades

Marston's chief executive Ralph Findlay is stepping down later this year

The chief executive of Black Country brewery and pub company Marston's is stepping down after two decades in the role.

Ralph Findlay will leave the post at the listed firm in September to coincide with the end of its financial year.

Wolverhampton-based Marston's told the stock exchange today that it had started the process of appointing his successor.

Mr Findlay joined the brewery in 1994 and was appointed chief executive in 2001 and it now operates an estate of around 1,500 pubs and employs 11,000 staff.

Last year, he oversaw the launch of a major joint venture with the 海角视频 arm of Danish giant Carlsberg to create a new brewing business called 'Carlsberg Marston's Brewing Company'.

And yesterday Marston's announced it had struck a deal with Welsh company SA Brain to buy eight of its pubs, following an agreement with the Cardiff-based firm in December to take over the running of its estate of 156 pubs.

The move by Mr Findlay follows a tumultuous period for the hospitality industry after suffering months of prolonged lockdowns as the country tried to combat the spread of covid-19.