Raytheon awarded $71 million in Navy contracts for missile systems
LONDON - Shepherd Neame Limited, Britain’s oldest brewer, announced Monday that Jonathon Swaine, Managing Director of Pubs, will leave his position and his directorship at the company on April 17, 2025. This move comes as the company prepares to reduce the number of managed houses and reorganize roles to better align with the current pub estate structure.
The forthcoming changes will see CEO Jonathan Neame and CFO Mark Rider absorb additional responsibilities. The reorganization is part of Shepherd Neame’s strategy to adapt to the evolving demands of its business, which includes a mix of tenanted, leased, managed pubs, and investment properties.
Richard Oldfield, Chairman of Shepherd Neame, expressed gratitude for Swaine’s contributions over his three-year tenure, particularly his efforts in positioning the pub business for future success. The company has conveyed its best wishes to Swaine for his future endeavors.
Shepherd Neame, established in 1698 and headquartered in Faversham, Kent, operates a diverse portfolio of 288 pubs and employs approximately 1,600 people. The company’s estate is predominantly freehold and features a variety of establishments, from inns and hotels to destination dining and local community pubs.
In addition to managing pubs, Shepherd Neame is known for brewing and distributing a range of successful beer brands, such as Spitfire, Bishops Finger, Whitstable Bay, and Bear Island. The company also maintains a partnership with Boon Rawd Brewery Company for distributing Singha beer.
The company’s shares are traded on the AQUIS Stock Exchange Growth Market. The information in this article is based on a press release statement from Shepherd Neame Limited.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.