UK: Greene King appointed a new Managing Director of its Brewing Company Division

Greene King plc announced on May 24 the appointment of Justin Adams as Managing Director of its Brewing Company Division. He will be an executive member of the main board.

Justin Adams, 39, is currently Managing Director, UK and Ireland, of Maxxium, the global marketing, sales and distribution company for premium wines and spirits, where he has helped to deliver impressive growth. Before Maxxium, he held a number of positions at Diageo, the last of which was Managing Director of Guinness in Germany. He will join Greene King in September 2005.

Rooney Anand, Chief Executive of Greene King, commented: 'I am delighted to welcome Justin to Greene King. His experience in managing a brand-led drinks business, and his personality will be invaluable to the ongoing development of our beer brands and brewing business. I and my fellow executive directors look forward to working with him'

Greene King has been brewing beer and operating pubs for over 200 years. Founded in 1799 by Benjamin Greene, it has grown steadily from its base in Bury St Edmunds, Suffolk to become a leading pub retailer and ale brewer in the south of England.

More recent acquisitions have included:
- The Magic Pub Company (273 pubs, in 1996)
- Beards of Sussex (43 pubs, in 1998)
- The Marston's southern estate (165 pubs, in 1999)
- Morland (422 pubs, Old Speckled Hen and Ruddles, in 1999)
- Old English Inns (136 pubs, in September 2001)
- Dalgety Taverns (8 pubs in Scotland, in April 2002)
- Morrells of Oxford (107 pubs, in June 2002)

In August 2004 the company completed the acquisition of 432 neighbourhood pubs from Laurel Pub Company for the sum of £654m. In March 2005 the company successfully completed a £600m securitisation of part of its managed and tenanted pub portfolios.

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