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Seymour Fortescue to step down as Portman Group chairman

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Seymour Fortescue to step down as Portman Group chairman

The Portman Group has announced the departure of its chairman, Seymour Fortescue, who will step down from his role as chairman on 18 June.

Fortescue has been in the role for the past four years and is departing to pursue a new role as chairman of the Short-term lending Compliance Board, a body set up to raise standards in the payday lending industry.

Commenting on his departure Seymour Fortescue said: “It has been a great privilege to be involved with the alcohol industry over the past four years and I have genuine respect for the efforts of alcohol producers to market their products responsibly. Alcohol affects national politics, corporate policy and society as a whole and it has been fascinating to play a small part in that debate and to champion effective self-regulation by the industry.”

Fortecue’s successor has yet to be appointed.

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