Greggs will this week reveal that it is baking boardroom succession plans when it discloses that its veteran chairman will remain in place to oversee the hunt for a new chief executive.
Sky News has learnt that the company will announce alongside annual results on Tuesday that Ian Durant has been asked by its board to stay beyond the nine-year period beyond which he would cease to be regarded as independent under UK corporate governance guidelines. Sources said that Mr Durant, who became Greggs' chairman in 2013, was likely to stay for"at least a couple more years" as the company battles the impact of theThe sandwich chain's chairman will also identify a successor to Roger Whiteside, who has presided over its wildly successful growth during most of the last eight years.
Renowned for its sausage rolls, Greggs has thrived on high streets even as many retail chains have faced collapse.
AND YET CITIZENS OF THIS COUNTRY ARE FINED FOR WANTING TO SEE FAMILY OR FRIENDS - GREAT ISN'T IT - END LOCKDOWN NOW!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Greggs makes first loss in 36 years after going into red by nearly £14,000,000It's a stark contrast to its £108.3million profit in 2019. Sad news
Source: MetroUK - 🏆 13. / 82 Read more »
Greggs to open shops despite first loss in 36 yearsThe bakery chain is confident of long-term recovery despite sales being hit amid the pandemic. Greggs opens more shops. Thornton’s closes all their’s. The Chav class win again. Primarni syndrome. High Street now more Chav than class. I owe you an apology to ever doubt your sincerity and professionalism. It’s was just like a dream to me when I received my first payment. After my second payment it became a reality now after several payments it has become a way of life. marksust7 And all of them selling shit!
Source: BBCNews - 🏆 3. / 97 Read more »
Greggs launching 2 new vegan products after success of plant-based sausage rollsGREGGS is launching two new vegan products after its plant-based sausage rolls proved a sales hit. Vegan versions of a ham and cheese baguette and a breakfast sausage bap are in the pipeline, say i… Ffs We built this City🌆 Anyone else been given the pork instead of vegan sausage roll 🙋♀️🤢 thanks for the allergic reaction greggs!! 🤬
Source: TheSun - 🏆 64. / 61 Read more »
Greggs profits set to bounce back to pre-pandemic levelsThe bakery chain reports a strong recovery in sales since the easing of UK lockdown restrictions. I miss Gregg's sausage rolls...and pies... but mostly the sausage rolls. I live in Australia now. Anyone has a recipe for them? 😅 Nothing beats a lukewarm sausage and bean melt..? Don’t like greggs by me always cold
Source: BBCNews - 🏆 3. / 97 Read more »
Dad who ate 900-calorie Greggs feast every day sheds 10st by ditching pastiesBritish Heart Foundation area manager Richard Lay, from Leeds, began his weight loss journey after a photo of himself in the local paper which gave him the wake up call he needed He should not be congratulated, it was his own fault he was an overweight slob in the first place.
Source: The Mirror - 🏆 136. / 51 Read more »