Marston’s chairman steps down and joins British Land’s board

Marstons chairman William Rucker is stepping down to join British Land after five years at the pub group.

Rucker will replace Tim Score as chairman-designate at British Land following the property company’s annual general meeting on July 9.

Marston’s told investors that the 60-year-old will step down from his role as director and chairman of the board with effect from July 8, “in view of his other increased business commitments.”

Rucker is also the current chairman of asset manager Intermediate Capital Group.

In the past, the banking veteran held the role of CEO and chairman at investment bank Lazard, and a similar role at housebuilder Crest Nicholson.

Mr Rucker said: “I am confident that Marston’s is in excellent condition and in good hands as the company prepares for the next phase of its development, with Chief Executive Officer Justin Platt at the helm. I wish Justin and the wider team every success in the future.”

British Land, which manages a £12.7 billion UK commercial property portfolio, also said on Monday that Mr Score would step down after five years as chairman and 10 years on the board.

Score said: “I am very proud to have been Chairman of British Land and am pleased to be handing over to someone of William’s caliber and experience to lead the company through its next chapter.

“I am confident he will provide strong and effective leadership to the Board and will be a great support to Simon and the executive team.”