StockMarketWire.com - Young & Co's Brewery has unveiled a series of board and committee changes.

Rupert Clevely, a non-executive director, is stepping down from the board with immediate effect. Clevely was the founder of Geronimo Inns and was appointed to the board in 2010 on its acquisition by the company. He moved from being an executive director to a non-executive in 2013. He has recently expressed an intention to pursue other ventures in the leisure and hospitality industry.

David Page, a non-executive director, has decided not to stand for re-election and will be retiring from the board at the annual general meeting on 7 July. He was appointed as a non-executive director in 2008. His fixed term contract was due to expire on 31 July. He is currently chairman of the remuneration committee and a member of the audit committee.

In January, the company announced that Trish Corzine had joined the Board as a non-executive director. Young's says Corzine has brought with her a wide-ranging knowledge of the hospitality and leisure sector having spent the majority of her career in the restaurant industry, including 20 years at The Restaurant Group plc.

Following these changes, the audit committee and the remuneration committee will comprise the following non-executive directors:

- audit committee - Roger Lambert (who will become chairman of it), Nicholas Bryan and Trish Corzine

- remuneration committee - Nicholas Bryan (who will become chairman of it), Roger Lambert and Trish Corzine

Young's chairman Nicholas Bryan said: "On behalf of the board, I would like to thank Rupert for the excellent job he did in leading Geronimo during its integration into Young's. We are also grateful for his contribution as a non-executive director following his stepping down as an executive director in the early part of 2013.

"As regards David, we would like to express our gratitude for the insight, guidance and good humour that he has provided over many years on the board. We wish them both well."




At 3:13pm: [LON:YNGA] Young Cos Brewery PLC share price was -19p at 1029p



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