Hawthorn founder joins Stonegate as non-exec

Stonegate Group has appointed Mark Davies as a non-executive director.

Davies (pictured) was previously a co-founder and CEO of NewRiver REIT and Hawthorn Community Pub Company, which was sold to Admiral Taverns in 2021.

He is the CEO of Primary Health Properties, the FTSE 250 UK real estate investment trust, and a non-executive director of Palace Capital, a regional focused REIT. He was also a non-executive director of the British Beer & Pub Association from 2020 to 2022.

"Stonegate is a business that communities around the UK interact with on a daily basis," says Davies. "I’m looking forward to working with the board to work to help ensure that our portfolio serves these communities, and the group’s wider stakeholders, in the best possible way." 

An evolving estate

The appointment comes at a time when Stonegate is progressing with its operational improvement initiatives, including its asset optimisation programme, reviewing its entire estate on a site-by-site basis.

"I’m delighted to be working with Mark as part of the board," adds David McDowall, CEO of Stonegate Pub Group. "His expertise in managing large property portfolios will be invaluable to the board and the group as we progress with our asset optimisation programme. His appointment adds to a real sense of momentum at Stonegate. We’ve evolved our executive management team, we’re progressing with our strategy, the economic environment is improving and we’re well positioned for the upcoming summer of sport."

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