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Wed 18th Oct 2017 - Mark McQuater steps down from Revolution
Mark McQuater steps down from Revolution: Revolution Bars Group has announced chief executive Mark McQuater has resigned from the board and will be leaving the business with immediate effect. Chairman Keith Edelman will assume the role of executive chairman until a suitable replacement for McQuater is found and Revolution said further updates would be made in due course. Edelman said: “On behalf of the board, I would like to thank Mark for his contribution to the success of Revolution. The business and brands have grown and developed over his four-and-a-half year tenure as chief executive and the business is well positioned for its next period of growth. We wish him well for the future.” McQuater joined the company in 2013 when the company was known as Inventive Leisure. He was founder and chief executive of Barracuda Group from 2000 to 2012, prior to which he was managing director of Greenalls Pubs and Restaurant Division. His earlier sector experience included managing director positions at Tom Cobleigh and JD Wetherspoon as well as four years in a corporate development role with Scottish and Newcastle Breweries. Yesterday (Tuesday, 17 October), Revolution Bars Group shareholders rejected a £101.5m takeover deal by Stonegate Pub Company. Stonegate has said it will not come back with a revised bid after the 203p per share cash offer was refused.
 

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