Britvic, the soft drinks firm, has begun a search for heavyweight figures to refresh its boardroom, including finding a successor to senior independent director Bob Ivell
According to Sky News the directors of Britvic have appointed Spencer Stuart, the executive search firm, to identify a successor to Ivell, the current chairman of Mitchells & Butlers.
Ivell, a veteran of the leisure and consumer goods industries, has been on the drinks company’s board since November 2005, meaning that he will no longer be deemed to be independent under corporate governance guidelines once he reaches his ninth anniversary of service next week.
The report suggested that Britvic’s chairman, Gerald Corbett, is also planning to step down in the next couple of years.
It also proposed that Corbett would oversee the appointment of Ivell’s successor and that his own departure was still some time off.