Co-chief operating officer of GVC Holdings, Andy Hornby, is to step down from his position at the gambling giant to join The Restaurant Group as its new CEO.
Hornby will be replacing the outgoing CEO, Andy McCue, at the Restaurant Group once an official transition date has been confirmed.
Originally joining Gala Coral in 2011, Hornby has previously held positions including CEO of Coral, chief operating officer of Gala Coral and then Ladbrokes Coral (following the 2016 merger) and, most recently, co-COO of GVC.
GVC CEO Kenneth Alexander said: “Over the last eight years Andy has been instrumental in the turnaround and growth of the Ladbrokes Coral businesses. The business has genuinely been transformed under Andy and I have really enjoyed working with him, and would like to thank him for his valuable contribution to the Group.
“We congratulate Andy on his new role and wish him well for the future.”
“I am delighted to be joining The Restaurant Group as CEO at such an exciting time,” Hornby added. “This is a great business, with strong brands, committed colleagues and tremendous potential to grow.”
Prior to GVC, Hornby spent time as the group chief executive of banking group HBOS. He has also acted as the chief executive for Alliance Boots, the umbrella group behind the highstreet pharmacist Boots.
Seemingly GVC only learned of Hornby’s departure when it was announced by his new employer. “GVC notes today’s announcement by The Restaurant Group that Andy Hornby will be joining as its CEO in due course,” the company said in a statement this morning.