McColl’s boss quits as convenience store chain teeters on brink 

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McColl’s boss Jonathan Miller quits after 30 years as convenience store chain teeters on brink

By Daily Mail City & Finance Reporter

Published: | Updated:

Exit: Jonathan Miller had been with McColl’s for 30 years, including six years at the helm

McColl’s chief executive has quit amid a battle to secure the chain’s future.

The convenience store group, which employs around 16,000 staff, said Jonathan Miller has quit after 30 years with the firm, including six years at the helm.

Non-executive chairman Angus Porter has taken on the role of executive chairman until a successor to Miller is appointed, with chief operating officer Karen Bird becoming interim chief executive to manage the day-to-day responsibilities. 

McColl’s remains in talks with lenders to secure vital funding, while working with advisers to find a buyer or a third party willing to inject fresh cash.

The firm received a takeover approach a month ago from petrol station giant EG Group, but those discussions ended. 

McColl’s said it remains in ‘ongoing dialogue with its lenders… and believes a financing solution will be found’.

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