The Restaurant Group chairman to step down

The group is currently seeking his replacement.

Wagamama owner The Restaurant Group has announced that the company’s chairman, Ken Hanna will not seek re-election at the Group’s next AGM during 2024 due to personal reasons.

The group said in its regulatory filing that it will now initiate a comprehensive search process to identify a new Chairman and will update the market as and when appropriate.

Hanna will hold his position until a successor is appointed.

"It has been a privilege to work at TRG and I will be leaving the company in great shape with the business trading really strongly, outperforming the market and making good progress on its strategic options. I would like to thank the Board and management team as well as our brilliant colleagues across the business for their great work and support during my time with TRG. I wish them and the Group much-continued success,” Hanna said.

Just recently, The Restaurant Group reported £467.4m in revenue during the first half of the year, a 10.4% increase from £423.4m in 2022.