Greggs has announced that chairman Derek Netherton will step down from the board of the UK bakery next year.
Netherton has served the company for over a decade but has decided not to put himself up for re-election at the next general meeting in May.
Greggs said that Ian Durant will replace Netherton. Durrant was appointed as a non-executive director in 2011 and is currently chair of the firm’s audit committee.
The search for a new non-executive to replace Durrant as chair of the audit committee is underway.