Dong Hyun Kim to step away from Wasabi
Whilst remaining a minority shareholder and director in Wasabi, Mr Kim will no longer play an executive role in the company.
Following the investment by Capdesia in May 2019 and the subsequent appointment of Henry Birts as CEO in November 2019, Mr Kim took a step back from day-to-day involvement in the business, which he founded in 2003.
In the last year he has helped bring two new restaurant concepts to the UK - South Korean fried chicken brand Pelicana, and Japanese udon conept Kineya - both of which he intends to expand across the country.
Birts said: “On behalf of the entire company and its shareholders, we would like to congratulate Mr Kim personally for everything that he has achieved in his extraordinary career and thank him for the immense contribution he has made to building Wasabi over so many years.
"With a strong and experienced leadership team in place and the steadfast backing of our investors, we are now well placed to take Wasabi on the next phase of its journey. We will do so always honouring the essence of Mr Kim’s creation and his personal legacy.
"We wish him the very best in his future endeavours and are sure he will be hugely successful with his new ventures.”
Earlier this year Brits told BigHospitality that Wasabi was in a 'strong position to grow' following the easing of Coronavirus restrictions.
