Two chairs of FTSE-100 companies are vying to succeed Adam Crozier at the top of Whitbread, the London-listed group behind the Premier Inn hotel chain.
Sky News has learnt that Christine Hodgson, who chairs water company Severn Trent, and Andrew Martin, chair of the testing and inspection group Intertek, are the leading contenders for the Whitbread job.
Mr Crozier, who has chaired the leisure group since 2018, is expected to step down later this year.
The search, which has been taking place for several months, is expected to conclude in the coming weeks, according to one City source.
Ms Hodgson has some experience of the leisure industry, having served on the board of Ladbrokes Coral Group until 2017, while Mr Martin was a senior executive at the contract caterer Compass Group and finance chief at the travel agent First Choice Holidays.
Under Mr Crozier’s stewardship, Whitbread has been radically reshaped, selling its Costa Coffee subsidiary to The Coca-Cola Company in 2019 for nearly £4bn.
The company has also seen off an activist campaign spearheaded by Elliott Advisers, while Mr Crozier orchestrated the appointment of Dominic Paul, its chief executive, following Alison Brittain’s retirement.
It said last year that it sees potential to grow the network from 86,000 UK bedrooms to 125,000 over the next decade or so.
Mr Crozier is one of Britain’s most seasoned boardroom figures, and now chairs BT Group and Kantar, the market research and data business backed by Bain Capital and WPP Group.
He previously ran the Football Association, ITV and – in between – Royal Mail Group.
On Friday, shares in Whitbread closed at £25.41, giving the company a market capitalisation of about £4.5bn.
Whitbread declined to comment this weekend.
