Davies steps down as CFO at NewRiver following sale of pubs business

Hawthorn Hare and Hounds

Mark Davies has stepped down chief financial officer (CFO) of NewRiver REIT following the company’s sale of Hawthorn Leisure to Admiral Taverns for £222.3m earlier this week.

Davies, who will remain in his position as chief executive of Hawthorn, will be replaced by Will Hobman as CFO of NewRiver following almost two years as finance director.

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