Wolves FD quits after one month
Wolverhampton & Dudley Breweries has announced the resignation of group finance director Jim Taylor after just a month on the job.
In a statement the company said Taylor, a former director of corporate finance at PricewaterhouseCoopers, had resigned for ‘personal reasons’ and had left the board with ‘immediate effect’.
Paul Inglett, Wolves’ director of planning, has taken on the role of acting group FD until a replacement has been found.
The board has commissioned recruitment consultants to seek suitable candidates for this position.
Taylor was appointed on 5 September just weeks after Wolves’ shareholders narrowly rejected a hostile takeover bid from rival company Pubmaster. Forty-seven per cent of shareholders voted in favour of the bid, ending a year-long battle for control of the chain.
Wolves operates four breweries and over 1800 pubs across the UK.