Replacement sought for CFO, but COO role will be eliminated
One Group Hospitality Inc. chief operating officer Alejandro Munoz-Suarez and chief financial officer Samuel Goldfinger are stepping down to pursue other opportunities, the company said Friday.
The company has launched a search for a new CFO, and Goldfinger will assist with the transition. Following Munoz-Suarez’s departure, however, the position of COO will be temporarily eliminated as One Group increases emphasis on growth of licensing.
“As our growth strategy continues around an asset-light business model focused on management and licensing opportunities, we remain motivated to drive efficiencies that are aligned with that growth strategy,” said Jonathan Segal, One Group CEO.
Based in New York, One Group is parent to the steakhouse chain STK and operates restaurants and nightclubs around the world under various brands, including Bagatelle, Asellina and Heliot Steak House.
Contact Lisa Jennings at [email protected]
Follow her on Twitter: @livetodineout
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