TIDMCOM
RNS Number : 9217C
Comptoir Group PLC
14 October 2022
14 October 2022
Comptoir Group plc
("Comptoir", the "Company" or the "Group")
Appointment of new Chief Executive Officer
Comptoir Group Plc (AIM: COM), the owner and/or operator of
Lebanese and Eastern Mediterranean restaurants, is pleased to
announce the appointment of Nick Ayerst as Chief Executive Officer,
effective from 17 October 2022.
Mr Ayerst brings more than 30 years' experience in the
hospitality industry and was previously Managing Director of LEON,
the UK's leading healthy fast-food chain, where he was brought
onboard in 2020 to re-structure LEON's operational model, investing
in technology and increasing efficiencies and to develop growth
strategies including LEON's Drive-Thru model and franchising
partnerships.
Prior to his role at LEON, Mr Ayerst spent 15 years in
leadership roles at The Restaurant Group, the UK's largest listed
restaurant company, where he was a member of the TRG Executive
team. Between 2013 and 2020, Mr Ayerst was Managing Director of TRG
Concessions, which operates restaurants, bars and QSR outlets in
airports, stations, shopping centres and Hilton Hotels, where he
implemented short- and long-term growth opportunities, more than
doubling revenue and profit, and oversaw the opening of 45 new
sites.
Mr Ayerst will take over from Mr Jean-Michel Orieux, who has
been interim CEO since August 2022. Mr Orieux will revert to his
role as independent Non-Executive Director.
The appointment of Mr Ayerst, along with the recent appointments
of Beatrice Lafon and Jean-Michel Orieux as independent
Non-Executive Chair and independent Non-Executive Director
respectively, significantly strengthens the senior leadership team
as the Company seeks to accelerate its growth trajectory, investing
in the brand and customer experience, accelerating the opening of
new restaurants and exploiting opportunities in franchising and
wholesale.
Nick Ayerst, incoming Chief Executive Officer, commented:
"I am joining Comptoir Group at an exciting time for the
Company. The strength of the Comptoir brand, talented team and
vision of the new Board to grow the business and deliver a best in
class offering for its guests make this a great opportunity. I see
tremendous potential for the Company to grow and capture market
share and I look forward to building on Comptoir's success."
Beatrice Lafon, Chair, added:
"We are excited to welcome Nick to Comptoir Group as our new
Chief Executive Officer. Nick brings over 30 years' relevant
experience in the sector, with the combination of skills and energy
to lead the business through Comptoir's next strategic growth
phase."
Ends
Contacts:
Comptoir Group plc via Camarco
Beatrice Lafon, Non-Executive Chair
Jean-Michel Orieux, Interim CEO
Michael Toon, FD
finnCap Ltd (Nominated Adviser and Broker)
Simon Hicks 0207 220 0500
Camarco (Media Contact)
Jennifer Renwick 0203 757 4994
jennifer.renwick@camarco.co.uk
Ed Gascoigne-Pees
ed.gascoigne-pees@camarco.co.uk 0203 757 4984
Notes to Editors
About Comptoir Group
Comptoir Group PLC owns and operates 27 Lebanese restaurants,
six of which are franchised, based predominately in the UK. The
flagship brand of the group, Comptoir Libanais, is a collection of
21 restaurants located across London and nationwide, including
cities such as Manchester, Bath, Leeds, Birmingham, Oxford and
Exeter.
The name Comptoir Libanais means Lebanese Counter and is a place
where guests can eat casually and enjoy Middle Eastern food, served
with warm and friendly hospitality, just like back home.
The Group also operates Shawa, serving traditional shawarmas
through a counter service model in Westfield and Bluewater shopping
centers, Yalla-Yalla with branches near Oxford Circus and in Soho,
and entertainment venue Kenza, located in Devonshire Square,
London.
The group has expanded internationally with its franchise
partners HMSHOST, with restaurants in the Netherlands, Qatar and
Dubai.
Further information required to be disclosed pursuant to
Schedule Two paragraph (g) of the AIM Rules for Companies is set
out below:
Full name: Nicholas John Ayerst
Age: 56
Shareholding in the Company: None
Current directorships and partnerships: Tres Corazones Ltd
Ayerst Consulting Ltd
Historic directorships and partnerships TRG Concessions Ltd
in previous 5 years:
Save as disclosed above, there are no other disclosures required
in relation to paragraph (g) of Schedule 2 of the AIM Rules for
Companies.
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END
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