Marston’s appoints new CEO
The current CEO Andrew Andrea has agreed with the board that he will step down from his role with immediate effect
Marston’s has announced the appointment of Justin Platt as the new incoming CEO, who will take up the role from 10 January 2024.
The news comes after the current CEO Andrew Andrea has agreed with the board that he will step down from his role with immediate effect.
Andrew, who navigated the company through the pandemic and more recently the challenging macroeconomic conditions, will still be available to the group for a period to “ensure a smooth handover of responsibilities”.
Between now and 10 January 2024, chair of Marston’s William Rucker, will support the management transition in the short interim period, with the executive team reporting directly to him.
Platt has more than 30 years of experience in hospitality and consumer-facing businesses, having spent the last 12 years at Merlin Entertainment – most recently as chief strategy officer.
Rucker said: “Andrew has worked for the company for over 20 years and the board thanks him for his valuable contribution, particularly in recent times, which has been one of the most challenging for our sector. He leaves with our very best wishes.
“Looking forward, I am very pleased to be able to announce the appointment of Justin Platt whose broad consumer sector expertise, strategic acumen and prowess in customer experience at Merlin will be of great benefit to Marston’s at this stage.”
Andrea said: “I am extremely proud to have navigated Marston’s out of the pandemic as a focussed pub business and put in place a first-class management team who are achieving market outperformance.
“This is the right time for me to step down and I am confident the business is in great shape with strong future potential. I wish William, Justin and the whole team continued success in the future.”
Platt added: “I am delighted to be joining Marston’s. The company has massive potential and a passionate and talented team. I am really looking forward to working with the board and the management team to deliver the sustainable business growth that will drive value for our shareholders.”