Share |

Non-family head rises to the top at brewer

Fuller, Smith and Turner PLC, the UK family-controlled brewer, has announced the promotion of a non-family head to run the business.
Simon Emeny, currently managing director of the pub side of the business, will assume the new position of group managing director on 1 November.
Although he will report to sixth-generation chairman Michael Turner, Emeny will assume overall responsibility for company operations. Turner said in a statement: "Simon has a wealth of experience in the beer and pub industry which will help him drive the business forward whilst preserving our core values."
As part of the shake-up at the top, Anthony Fuller steps down as a non-executive director after 43 years on the board.
Other family members who still work for the 165-year-old company include non-exec James Fuller and sales and personnel director Richard Fuller.
Emeny takes over at a good time. The company announced a stellar set of results last month. Revenue was up 8% to £227.7 million while adjusted profit before tax was up 17% to £26.6 million for the 12 months ending March 2010.
The west London-based brewer was also joint winner of the 2010 Family Business Honours programme, held by JP Morgan Private bank and the Institute for Family Business. (Continue reading here)

NEW Click here to take part in the new Campden FB private banking survey

Want to get the latest family business/family office news direct to your desktop? Click here to register to receive our weekly newsletter

Are you a member of a multigenerational family business or family office? Click here to subscribe to our magazines

Click here >>