Marston’s has appointed William Rucker, the UK chief executive of investment bank Lazard, as chairman with effect from 1 October.

Rucker joined Lazard in 1987, working in the corporate finance group across a range of industry sectors with particular expertise in leisure, lodging, real estate and retail. He became chief executive of Lazard London in 2004.

He was previously chairman of Crest Nicholson PLC from 2011 until March 2018; chairman of Quintain Estates and Development from 2009 until 2015; and a non-executive director of Rentokil Initial  from 2008 until 2013.

In 2015 he was listed as lead advisor on Greene King’s acquistion of Spirit.

Marston’s chief executive Ralph Findlay said: “We are delighted to welcome William Rucker to the board of Marston’s as our chairman and look forward to working with him. William brings with him extensive expertise, having advised a broad range of companies and chaired two publicly quoted companies. His skillset will further strengthen our existing Board and add significant value in helping Marston’s to deliver its future growth ambitions.”

Rucker said: “Marston’s is a well-respected business and a leader in its field which is well placed to capitalise on current sector trends with a leading beer business, a balanced, well invested pub portfolio and growing lodge accommodation business. I look forward to working with the board and wider executive management team to maximise the future opportunities open to the group going forward.”