Troubled pub company SFI has appointed a new executive chairman to head up its financial recovery.
Stuart Lawson, former chief executive at the Alldays convenience store group, replaces Tony Hill, who left the group earlier this year.
As a result of Lawson's appointment, former chief executive Andrew Latham has reverted to his former role of managing director. Latham was promoted to chief executive in April 2002 when Hill elected to become a part-time chairman, rather than an executive chairman.
The group's shares were suspended last autumn amid stories of accounting irregularities and delisted this April. Since late last year, it has been undergoing an independent review by law firm Simmons & Simmons and accountants PricewaterhouseCoopers.
Once the review has been completed, the group hopes to re-list on the London Stock Exchange.