Nightcap has announced that Toby Rolph will step down as chief financial officer.
Rolph has been involved with the 46-strong bar late night operator since its IPO nearly three years ago and will remain with Nightcap for the coming months to ensure a smooth transition. He will step down as a director of the company on 30 November 2023.
Richard Haley has been appointed as interim CFO in a non-board capacity.
Haley has over 20 years of finance experience and most recently held the role of deputy group CFO of Delinian Limited, formerly Euromoney Institutional Investor PLC, a FTSE 250 company.
Previously, he was CFO at Future plc and has also held senior finance positions at Tesco plc, William Hill plc, and Halma plc.
Haley spent the early part of his career at KPMG.
Toby Rolph commented: “Having been involved with Nightcap for nearly three years, I am really proud of the growth and expansion that we have achieved over a relatively short period. Following publication of the latest annual results, I feel that now is an appropriate time to pursue other opportunities. I wish Nightcap every success for the future. I will be facilitating a smooth and orderly handover to support the team’s ongoing success.”
Sarah Willingham, chief executive officer of Nightcap, commented: “On behalf of the Board and Nightcap, I would like to thank Toby for his significant and valuable contribution. Nightcap has evolved considerably since its IPO in 2021 as we pursue our goal of becoming the UK’s leading bar business and we are grateful for the key role that Toby has played and we wish him well for the future.
“We are also excited to welcome Richard Haley as Interim Chief Financial Officer as we continue our focus on integrating and consolidating our business in readiness for the next phase of growth. These are areas where Richard brings significant in-depth experience from larger consumer facing businesses.”
