Pizza and a pint: Fuller, Smith & Turner poaches Domino's CFO
June 11, 2021 at 04:10 am EDT
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Hotel and pub group Fuller, Smith & Turner has poached Domino’s Pizza’s chief financial officer who will join the company towards the end of the year.
Joining the pub group as finance director, Neil Smith will also be placed onto the group’s board.
Shares in Domino’s sank following the announcement, falling by 1.85 per cent to 383p per share.
With over a decade of experience as a FTSE 250 CFO, Smith has spent nine years as CFO of Ei Group, formerly Enterprise Inns, and was once a chartered accountant with PWC.
Chairman, Michael Turner, said that Smith, “has a very good financial track record. Neil shares our values will fit well with our culture, and will help our leadership team grow the business as our country emerges from the pandemic.”
With well-known companies like Compass, Virgin Media, Telewest Global and Somerfield under his belt, the incoming director has a wealth of experience across finance and retail to bring to the pub group.
“It is a business I have long respected and admired. I am passionate about pubs and welcome the opportunity to bring my experience to bear with this great company and play my part in the continued development of this iconic business and its future success,” Smith said.
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Fuller, Smith & Turner PLC is a United Kingdom-based premium pubs and hotels business. The Company provides food and a range of drinks, bedrooms, and engaging services. It operates through two segments: Managed Pubs and Hotels, and Tenanted Inns. Its Managed Pubs and Hotels include Cotswold Inns & Hotels operates approximately seven hotels in the Cotswolds, and Bel & The Dragon operates approximately six exquisite modern English inns located in the Home Counties. Its Tenanted Inns segment comprises pubs operated by third parties under tenancy or lease agreements. The Company has approximately 183 managed businesses, 1,015 boutique bedrooms, and 193 tenanted inns. It provides a range of pub categories, including breakfast & brunch, ale, and pie pubs, licensed, pubs in Hampshire, live sports pubs, play areas, pub gardens, rugby pubs, and others. Its hotels include The Bear of Burton, Christchurch; The Blackbird, Earl's Court; The Bull Hotel, Bridport, and others.