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Loungers welcomes former Novus Leisure CFO to aid expansion

Cafe-bar chain Loungers has announced the appointment of Gregor Grant as chief financial officer.

Grant has previously worked with Novus Leisure, Cartrawler, Fuddruckers, Eldridge Pope and Morrells of Oxford.

The company has said the appointment will help it grow from its current 128 sites to 200. Loungers is set to open 25 new venues this financial year.

Nick Collins, CEO of Loungers, said, “I am delighted to be welcoming Gregor into Loungers. We are fortunate to have someone of his calibre and considerable experience joining the team.

'I know he will fit very well culturally and will complement and build on the senior management team’s expertise, alongside driving further improvement in the performance of the business.”

Grant added, “Loungers is a really exciting business, whose progress and development I have been admiring for many years. It is bringing the soul back to communities with a business model that genuinely epitomises all day trading.

'I am delighted to be able to play my part in the next stage of the business’ development.”