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POWER LIST 2017, BUSINESS LEADERS: Andy McCue, CEO, The Restaurant Group

The Restaurant Group

Andy McCue might have been the former chief executive of Paddy Power, but The Restaurant Group’s board of directors evidently didn’t view him as a gamble when they gave him the job of turning the business around midway through last year.

Andy has certainly made his mark on the 500-strong restaurant enterprise since taking the helm, leading the implementation of a new operating strategy and overseeing a comprehensive review of the business designed to preserve its profits and return it to growth. Andy McCue portrait

Although its latest figures, for the last six months, reveal a squeeze on sales and EBITDA, there are early signs of improved volume momentum across the group, which counts Frankie & Benny’s and Chiquito among its key brands.

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Andy is certainly putting the emphasis on TRG’s kitchen development team to deliver the goods, with a revamped core menu, improved kids’ offering and a capital refresh of its stores helping to win back lapsed customers at Frankie & Benny’s, which still accounts for more than half of its sites.

“Our Leisure customers are enjoying a better value, higher quality product; our growth plans for our Pubs and Concessions businesses are advancing well and we have made good progress in delivering cost efficiencies,” he comments.

Profile

Company: The Restaurant Group
Address: 5-7 Marshalsea Road, London SE1 1EP
Tel: 0203 117 5001
Twitter: @frankienbennys
Website: www.trgplc.com
Focus: Restaurants

The 2017 FEJ Power List is supported by Category Sponsor Viessmann. For more details click HERE

Tags : Andy McCuePower List 2017The Restaurant Group
Andrew Seymour

The author Andrew Seymour

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