The Restaurant Group CEO resigns
The Restaurant Group (TRG) has announced that Andy McCue, CEO, will leave the company due to “extenuating personal circumstances”.
The company said it anticipated that McCue would remain in his position while his successor was being recruited and added a search for his replacement would “commence immediately”.
McCue, who joined the group in 2016, has helped to oversee the company’s recent acquisition of Wagamama.
Debbie Hewitt, chairman, said: “Andy has brought a strong vision, developed a first-class team and laid the foundation of the Company’s transformation. Whilst we are clearly disappointed that he will not be able to provide the long term leadership for the business, we understand and respect the decision he has made purely on personal grounds.”
McCue added: “In recent years, we have achieved much in a challenging market. I’m confident The Restaurant Group is well positioned with the scale, talent and levers to drive profitable growth. While I recognise that this decision is untimely, it is the right one for me and my family. We have a strong team in the business and a clear plan which we are focused on delivering.”
