Restaurant Group PLC - London-based operator of around 400 restaurants and pub restaurants across the UK - Says Kirk Davis will step down in September as chief financial officer after five years at the firm. Says the chief executive officer for Leisure & Concessions, Mark Chambers, will be CFO designate from July 1, and will formally take over as group CFO from September 15. Says Chambers has over twenty years of senior experience in leisure and hospitality.
Chief Executive Officer Andy Hornby says: "These management changes are the result of carefully managed succession planning. I would particularly like to thank Kirk for his huge efforts over the past five years. TRG is a very different business from when he joined in 2018. He was instrumental both in the acquisition and successful integration of Wagamama and in supporting the business as it successfully navigated the Covid pandemic."
Current stock price: 40.35p each, down 0.9% on Wednesday morning in London
12-month change: down 18%
By Xindi Wei, Alliance News reporter
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