MBL managing director resigns

Mike Taylor, managing director of Musgrave Budgens Londis, has resigned, and Martin Hyson, executive director of Musgrave Group has taken over as managing director until a successor is found.
Taylor has been in charge for two years during which much of the integration of the Budgens and Londis businesses has been completed, although work is continuing on the distribution systems and divesting of Budgens stores still owned by the company.
Commenting on his decision, Taylor said: “I am proud to have been part of the leadership team that has worked tremendously hard over the past two years to create and execute the vision that will form the basis of the Company’s future success.
“I am glad to say that the Musgrave business model is now firmly established in the UK and the business is poised to move forward. As many of my personal business goals at MBL have been achieved, I now wish to seek out new business opportunities elsewhere. Given this backdrop, I have decided that it is now time for me to step aside and to allow a new leader to take the helm at MBL.”
Chris Martin, CEO of Musgrave Group, said: “I would like to thank Mike for his contribution and wish him well with his future plans.”
A spokeswoman said the divestiture programme was ahead of schedule and the group now have more independent stores than corporate stores

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