Restaurant Group Ousts CEO, Hands Reins to Ex-Bookmaker Boss

Updated on
  • Shares jump on optimism that change can inspire turnaround
  • Breithaupt to leave, replaced by former head of Paddy Power

Restaurant Group Plc ousted Chief Executive Officer Danny Breithaupt, bringing in the former head of bookmaker Paddy Power Plc to replace him after a year of turmoil at the U.K. owner of Frankie & Benny’s eateries.

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