(Accountancy Age) – A surprise boardroom purge at pub chain JD Wetherspoon has seen finance director Keith Down lose his job.
In a stockmarket statement, the company said that Down and chief operating officer Paul Harbottle would be leaving the company “in due course” and thanked both for their work over recent years.
City rumours abound over the reason for the move, with some analysts suggesting the two may have been pushed following a row over the company’s plan to open pubs early in the morning for cooked breakfasts and coffee. The company itself has not commented.
Meanwhile Stonegate Pub Company, which is currently without a head office executive team, has denied rumours that it had poached the two departees according tonewspaper, Morning Advertiser.