Endeavour says profit fell by more than expected across its pubs and liquor stores as the hospitality giant confirmed it would appoint Ari Mervis executive chairman as a search for a permanent chief executive drags on.
Mervis has been Endeavour’s chairman since last year, and the company confirmed a report in The Australian Financial Review that he would temporarily become executive chairman. He starts on March 17.
Source: https://www.afr.com/companies/retail/bumper-pub-sales-not-enough-to-save-endeavour-from-profit-pain-20250221-p5le4d