Casual Dining Group (CDG) has announced that Giles David, of online sports retailer, Wiggle, is to replace Tim Doubleday as chief financial officer.
Doubleday, who has been with the group for four years, will leave in September to pursue another opportunity. He has already been working with David since late February and will help with the transition when David officially joins next month.
Steve Richards, chief executive of the Cafe Rouge and Bella Italia operator, said: “We are delighted to welcome Giles to Casual Dining Group as our new Chief Financial Officer. His proven financial and commercial experience across retail, international and digital businesses will be valuable attributes as the group enters the next phase of growth.
“Tim has been part of the journey since day one and has been a huge contributor to CDG’s success during his three and a half year tenure. On a personal level he will be missed, and professionally we wish him all the best in his new venture.”
Chairman Martin Robinson, said: “We are excited to welcome Giles to CDG. We are seeing significant progress and momentum across the business which we believe Giles is uniquely positioned to help us capitalize on.
“On behalf of the board, I’d like to thank Tim for his immense contribution to Casual Dining Group. He’s played a key role in helping us deliver a significant transformation of the group, including a complete corporate reorganisation, brand acquisitions and disposals, investment, refinancing and strong growth. He goes with the very best wishes of the board and investors.”
David joined the Bridgepoint-owned cycling a sports retailer Wiggle in 2014, and part of the team that executed the merger of Chain Reaction Cycles in 2016.
Before a short stint as CFO of United House, the LDC owned property developer and construction company, Giles was the CFO of Brighthouse, the 280 store retail and consumer finance business owned by Vison Capital.
Before Brighthouse Giles had a career in telecoms with Cellnet, Energis and most latterly O2 where he was Head of Finance for the UK.