Whitbread has announced that Anthony Habgood will step down as chairman later this year.
Habgood has been chairman of the company since mid-2005. The process to find his successor will be led by Sir Ian Cheshire, the senior independent director and a further announcement will be made in due course.
Habgood said: “It has been a pleasure to be chairman over a period of rapid growth as we have transformed Whitbread into a focused company and developed two market-leading brands, Premier Inn and Costa.
“With the company having a strong Board and a clear strategy for growth, I believe that this year is an appropriate time to hand over to a successor.”
