David Campbell departs PizzaExpress

By James McAllister

- Last updated on GMT

Chief executive David Campbell departs PizzaExpress

Related tags: PizzaExpress, Casual dining, Multi-site

David Campbell is to step down from his role as PizzaExpress chief executive, citing personal reasons.

In a statement, PizzaExpress said managing director Zoe Bowley and CFO Jo Bennett will report directly to group chairman Allan Leighton until a successor is appointed.

Campbell was appointed CEO of PizzaExpress in November last year​.

It followed a major recapitalisation and restructuring of the business that also saw it deleverage its debts, provide new liquidity and divest its mainland China business.

Campbell joined PizzaExpress following a two-year stint as executive chairman at Bill’s.

He previously led Wagamama for four years between 2013 and 2017.

Campbell's departure follows a recent trading update​ from PizzaExpress in which he described 2021 as a 'transformational' year for the brand

The group reported strong results for the year to 5 September 2021, achieving revenues of £182.5m and EBITDA of £22.2m for the period.

Sales outperformed the CGA Peach market tracker for every week but one since the return to unrestricted dining on 19 July 2021 (+3.7% ahead of the market for the 7 weeks 19 July 2021 to 5 September 2021).

Campbell also revealed that following the long-term refinancing of the group, plans are 'well underway' to open 50 new restaurants over the next three years, beginning later this month with a new Cannock site in Staffordshire.

Related topics: People, Casual Dining

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