Jago, who joined Bibendum in 1990 and has been joint MD for the past five years, will leave on March 1 when Michael Saunders will become sole MD. Bibendum said that a new structure under one MD would better suit the business.
As part of the changes
Bibendum has appointed Jeremy Young to the new role of chief operating officer, with responsibility for finance, IT and operations. Young joins Bibendum from deliveries giant DHL where he was global finance director for IT.