Royal Mint's search for new chairman could spark sale The Shareholder Executive, which manages the public stake in the Cardiff-based Mint on behalf of the Treasury, has hired headhunter Odgers Berndtson. The new chairman, expected to be in place by the end of the year, will take over from Mike Davies, former chief executive of heating group Baxi. A candidate brief from Odgers calls for a "track record of achievement in leading strategic growth" in changing markets and "senior experience" in an international organisation. Under the previous government, Rothschild was appointed to explore strategic options for the Mint, but its mandate has expired. It is thought that the Treasury is preparing the Mint to meet new bankers.