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Morning Briefing for pub, restaurant and food wervice operators

Wed 10th May 2017 - Casual Dining Group appoints new chief financial officer as Tim Doubleday steps down
Casual Dining Group appoints new chief financial officer as Tim Doubleday steps down: Casual Dining Group (CDG), the operator of almost 300 mid-market restaurant brands including Las Iguanas, Cafe Rouge and Bella Italia, has appointed Giles David as its new chief financial officer. David, who is currently chief financial officer at online cycling and outdoor sports retailer Wiggle, will join CDG next month. He will replace Tim Doubleday, who is leaving to pursue another opportunity. Doubleday has been working with David for a number of months and plans to step down in September, allowing a smooth transition. CDG chief executive Steve Richards said: “We are delighted to welcome Giles to CDG as our new chief financial officer. His proven financial and commercial experience across retail, international and digital businesses will be valuable attributes as the group enters the next phase of growth. Tim has been part of the journey since day one and has been a huge contributor to CDG’s success during his three-and-a-half-year tenure. On a personal level he will be missed and professionally we wish him all the best in his new venture.” CDG chairman Martin Robinson added: “We are seeing significant progress and momentum across the business, which we believe Giles is uniquely positioned to help us capitalise on. On behalf of the board, I’d like to thank Tim for his immense contribution to Casual Dining Group. He’s played a key role in helping us deliver a significant transformation of the group, including a complete corporate reorganisation, brand acquisitions and disposals, investment, refinancing, and strong growth. He goes with the very best wishes of the board and investors.”


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