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Morning Briefing for pub, restaurant and food wervice operators

Thu 18th Sep 2025 - Update: Domino’s hires Andrew Andrea as CFO, C&C Group, Rank Group
Domino’s hires Andrew Andrea as CFO: Domino’s Pizza Group has announced changes to its board and management team, including the hiring of Andrew Andrea, formerly chief executive of Marston’s, as its new chief financial officer, as the business “accelerates the delivery of its ambitious strategy”. Andrea is currently chief financial officer of C&C Group and will join Domino’s on 16 March 2026 after serving his notice period. Prior to joining C&C Group, he spent nearly 22 years with Marston’s, including 12 years as chief financial officer. Domino’s said he has extensive experience of M&A and of operating in franchise models at both Marston’s and, earlier in his career, with the optician chain Dollond & Aitchison. Edward Jamieson, Domino’s current chief financial officer, is leaving the company by mutual agreement. He will step down from the board today, 18 September. He has served as the brand’s chief financial officer since 2022, a period of “significant change for the company”, and has played a key role in developing a new strategy, completing multiple transactions, and significantly growing its share of the UK pizza market. Until Andrea joins next March, Richard Snow will take over as interim chief financial officer with immediate effect. Snow has previously held chief financial officer roles at Ladbrokes and Cavendish Corporate Finance, and for the past year has worked with Domino’s on strategic projects. Separately, Domino’s said that Lynn Fordham, current senior independent director (SID), is taking on the newly-created role of special adviser to the board as the business embarks upon a period of accelerated activity. Fordham has served on the board of Domino’s since September 2020 and the company said that the depth of her experience in senior finance and strategy roles in major businesses will prove invaluable during this time of change for the company. Domino’s said it continues to expect FY25 underlying Ebitda to be in the range of £130m to £140m, unchanged from its interim results on 5 August 2025. Ian Bull, chair of Domino’s Pizza Group, said: “As we enter the next phase of Domino’s growth, our chief executive Andrew Rennie and I are delighted to announce the appointment of Andrew Andrea as our new chief financial officer. He has an exceptional track record as a chief financial officer in the hospitality sector and knows how to operate in franchise environments. Working alongside our leadership team and franchisees, we have no doubt that his experience will prove invaluable as we accelerate delivery of our growth strategy. I would like to thank Edward for his contribution to the business and his role in developing our strategy, strengthening the balance sheet, and successfully launching a new ERP. He leaves the business and the finance function in good shape and we wish him every success in the future. I’d like to thank Lynn for agreeing to take on her new role. This is an exciting time for Domino’s, as we execute our strategy, further increase market share and launch new initiatives such as our chicken sub brand Chick N Dip. While our market remains challenging, we have a clear strategy and a world-class chief executive, leadership team and franchisee base to deliver it.” C&C Group said that Andrea remains committed to his current role with the company and will remain in post until the current financial year is completed. It is planned that he will step down from his role at C&C Group no later than 13 March 2026. The company said the search for a new chief financial officer will start immediately in line with the C&C succession plan, and a further update will be issued in due course. Roger White, chief executive of C&C Group, said: “The board join me in thanking Andrew for his excellent contribution to C&C. Andrew joined the business during challenging times and has, through his experience and capabilities, played a significant role in the stabilisation and improvement of the business. Andrew will continue to be an important part of the leadership group until his planned departure early next year.”

Premium Club subscribers to receive next Who’s Who of UK Hospitality and videos from this month’s Propel Multi-Club Conference tomorrow: The next Who’s Who of UK Hospitality will be released to Premium Club subscribers tomorrow (Friday, 19 September), at midday. Another 80 companies have been added to the database, which now features 1,113 companies. This month’s edition will also include 114 updated entries. The companies, listed in alphabetical order, will have their most recent results reported as well as broader information around Ebitda, plans and trading style available. The database merges Companies House information, interviews and other public information to provide an easy to reference and exhaustive guide to the sector. Premium Club subscribers will also receive all the videos from this month’s Propel Multi-Club Conference tomorrow, at 9am. They include Ed Devenport, co-founder and chief executive of the Incipio Group, discussing the company’s ability to curate different food and beverage offers across large spaces in high-profile locations, including its biggest project to date (across 40,000 square foot in London’s Olympia), plus the challenges and opportunities provided from continually evolving its offering and guest experience to remain at the top of its game. Premium Club subscribers also receive access to five other databases: the Turnover & Profits Blue Book, the Multi-Site Database, the New Openings Database, the UK Food and Beverage Franchisor Database and the UK Food and Beverage Franchisee Database. All Premium Club subscribers will be offered a 20% discount on tickets to Propel paid-for events and discounts on specialist sector reports. Operators that are Premium Club subscribers are also able to send up to four members of staff to each of our four Multi-Club Conferences for free. Premium Club subscribers receive their daily Propel Info newsletter 11 hours earlier than standard subscribers, at 7pm the evening before. They also receive videos of presentations at eight Propel conference events two weeks after they are held. This represents around 100 videos of industry insight over the course of the year. Premium Club subscribers also receive exclusive opinion columns every Friday at 5pm, which include the thoughts of Propel group editor Mark Wingett and a host of industry leaders from across the sector. A Premium Club subscription costs an annual sum of £495 plus VAT for operators and £595 plus VAT for suppliers. Companies can now have an unlimited number of people receive access to Premium Club for a year for £995 plus VAT – whether they are an operator or supplier. Email kai.kirkman@propelinfo.com today to sign up.

C&C Group – We remain on track to achieve operating profit in line with market expectations: C&C Group has reported that its trading in the first half to 31 August 2025, has been in line with expectations, but that net revenues are 4% below last year. It said this decline reflected the impact of lower distribution revenues following the previously disclosed transfer of control of AB InBev Off Trade Beer distribution in the Republic of Ireland and the planned exit of some lower margin business in the period. Revenues in Matthew Clark Bibendum in the period were slightly below last year, which it said reflected lower volumes in its national customers in line with market trends, especially within the wines and spirits categories. It said that underlying operating profit is expected to be in the range of €41.5-€42.0m, “in line with our expectations, reflecting our continued strong focus across cost efficiencies and the continued investment in service, range and value for customers as we continue to build our Distribution business and support the development of our Branded business”. The group’s core brands, Tennent’s and Bulmers, delivered solid performances in the period, with both achieving revenue growth. Following the transfer of control of Magners UK back to C&C Group in January 2025, the company said it has commenced activities to re-invigorate the brand. It said: “This will be a multi-year programme that has started with a new above-the-line marketing campaign and some initial brand distribution gains in the off trade which have improved performance, offset by continued challenges in the on trade where distribution gains will take more time to be delivered. Our Premium portfolio continues to build distribution in both the on and off trade. Despite the challenging macroeconomic backdrop, we will continue to invest in the business to improve performance, support growth and ensure we deliver for all our customers and consumers. Our immediate priorities remain to focus on winning new customers by delivering on our service, range and value proposition, growing market share of core brands, and driving the ‘Simply Better Growth’ simplification programme to deliver efficiency across the organisation. Whilst the macroeconomic environment remains challenging and we have the all-important Christmas trading period ahead of us, we remain on track to achieve operating profit in line with market expectations.”

The Rank Group chair to step down: The Rank Group has announced that after six years as its chair and over eight years on its board, Alex Thursby has said he does not intend to stand for re-election at the company’s Annual General Meeting on 15 October 2025. The company said that a process to identify Thursby’s replacement is well advanced and the group is close to making an appointment with an announcement expected within the next couple of months. In the interim period, Rank’s senior independent director, Karen Whitworth, will stand in as interim chair. Thursby joined Rank as a non-executive director in August 2017 and was appointed chair in October 2019. The company said: “With the group having recently published a strong set of full year results and now embarking on the next phase of its strategic roadmap, which includes the legislative reforms for land-based casinos that were confirmed earlier this year, Alex has successfully completed his tenure of office and leaves the company on an excellent trajectory to deliver further and sustainable long-term growth.” Thursby said: “I have been privileged to serve as chair of the board of Rank for almost six years and have enjoyed the role enormously. For a number of months now I have been reflecting on this exciting inflection point for Rank, with the long-awaited legislative reforms for casinos now being implemented and a digital business which is beginning to scale, and I believe now is the right time to step down. I do so with a combination of pride in the progress we have made, including in terms of governance processes and procedures, and also with confidence that Rank is in excellent shape to write the next exciting chapter of its rich history.” John O’Reilly, chief executive, said: “Alex has been a committed and talented chair, combining wise counsel, considerable experience and thoughtful leadership. I would like to thank him personally for his unwavering support and for his dedication to the Rank Group and to its stakeholders. Our recent successes and outlook are due in no small part to his sure-footed guidance and invaluable leadership.”

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