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Wed 8th Jan 2020 - Campbell and Hills leave as Baton Berisha takes on Bill’s management |
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Campbell and Hills leave as Baton Berisha takes on Bill’s management: Bill’s, which is backed by Richard Caring, has reshuffled its management team with executive chairman David Campbell and managing director Sarah Hills stepping down from the business, Propel has learned. Baton Berisha, managing director of The Ivy Collection, will take on management of Bill’s with immediate effect. Campbell is also understood to have left his role as chief executive of The Ivy Collection, which he took up in July 2018. At that time Campbell was appointed executive chairman of Bill’s and he has been helping oversee the company’s refurbishment programme. By September, the 78-strong company had refurbished 27 sites – 40% of its estate. The refurbished estate has seen like-for-like sales growth up by as much as 23% year-on-year. In December 2018, sales were £120.7m for the past 12 months. This year to September they stood at £127.5m. Meanwhile, Ebitda for the 12 months to September has grown from £5.5m to £8.8m. Propel understands Ebitda is set to be more than £10m for the 12 months of 2019. In October, Campbell said given the success of the refurbishment programme, coupled with the business’ overall momentum, the company had decided to roll out the refurbishment programme across the rest of the estate. He told Propel he hoped to have the full estate refurbished by the end of 2020. Hills was promoted to managing director in July having joined the business in September 2018 as executive operations director. Caring said: “Baton has played an integral role in the growth of The Ivy Collection. While he remains as its managing director, he will now also work closely with myself ensuring we continue to evolve the Bill’s restaurant portfolio.”
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