New non-exec chairman for Young's

Young's, the London pub company and brewer, has revealed that non-executive chairman Chris Sandland is to step down after 38 years.

He will be replaced by current non-executive director Nick Bryan, who joined the board in 2006.

Sandland said: "Much has been achieved over the past five years. We have made the successful transition from being a vertically-integrated brewing business to one focused on running and developing an estate of premium managed houses in London and the South East, where we strongly believe the greatest profit opportunity lies.

"Therefore, whilst after 38 years I will inevitably retire with some sadness, I will also leave knowing that Young's is in excellent strategic, operational and financial shape.

"In Nick Bryan, we have a first-rate successor to the role of non-executive chairman."

Stephen Goodyear, chief executive of Young's, said: "Chris Sandland has been a phenomenal servant to Young's over four decades. He took on the role of chairman in 2006 at a pivotal time in our development, and has led Young's very successfully into a new era.

"Looking ahead, I am delighted that Nick Bryan has agreed to succeed Chris as non-executive chairman.

"He is extremely experienced, has played a valuable role as a non-executive director over the past five years, and I am very much looking forward to continuing to work with him in the future."