Hostmore announces Gavin Manson as next Non-Executive Chairman

– UK, Edinburgh –  Hostmore plc (LON: MORE), the hospitality business today announced the appointment of Gavin Manson as Non-Executive Chairman of its Board of Directors effective from the AGM on 27 May 2022, to succeed Neil Johnson who will retire from the Board at the same time.

About Gavin Manson

Gavin Manson is currently a Non-Executive Director of Hostmore and a member of both Hostmore’s Audit and Risk Committee and its Remuneration Committee. He has extensive experience in the leadership of consumer businesses in the UK and internationally in both executive and non-executive roles. Until January 2022, he was CFO and COO of Electra, where he led the execution of Electra’s realization strategy. This included appointing a new management team at Hostmore’s core brand, Fridays, and, with them, successfully turning around Fridays and developing the strategy for a new hospitality business under the Hostmore name. He guided and supported the newly formed Hostmore executive team through the Covid-19 pandemic, as well as the early stages of executing the new Hostmore strategy and its demerger from Electra in November 2021.

Before joining Electra as CFO in 2016, Gavin was a member of the Executive Leadership Board of Thomas Cook Group. He joined in 2013 to work on the recapitalization of the Group and subsequently became Finance Director of the Group’s £7bn revenue-generating Tour Operator and Hotels Division. Gavin was Finance Director of FTSE 250 company Premier Farnell PLC from 2008 to 2013, and before that held senior finance roles within the Merck KGaA Group.

Gavin Manson, Chairman Designate, said: “I am delighted and honoured that, subject to me being elected as a director of Hostmore at the AGM, I will be appointed to succeed Neil Johnson as Chairman of Hostmore. I am confident that Hostmore is well-positioned to take advantage of significant growth opportunities and I very much look forward to working with Robert Cook, the Board, and the management team in delivering Hostmore’s strategy to the benefit of all stakeholders.”

About Hostmore plc

Hostmore is a growing hospitality business with its current operations focused on the American-themed casual dining brand, ‘Fridays’, and the cocktail-led bar and restaurant brand, ’63rd+1st’. While Fridays has been trading for over three decades in the UK, Hostmore was established in 2021 to provide a platform for the development of hospitality brands under the leadership of an experienced management team that has a track record of building businesses in the hospitality and leisure sectors. Hostmore’s businesses are defined by their iconic brand experience and vibrant heritage. As of 14 March 2022, Hostmore operates 87 restaurants in the United Kingdom and Jersey, the majority of which are in high footfall locations, including retail parks, shopping centers, and city centers. Hostmore is seeking to add rapidly growing, early-stage businesses to its portfolio of complementary hospitality brands, as well as to extend its offering in other experience-led, leisure concepts, and exploring opportunities with TGI Friday’s, Inc., the franchisor of Fridays, to expand its existing brands into new franchise territories.

For more information: https://www.hostmoregroup.com/

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