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Palatine-backed Gusto appoints new MD

Gusto Restaurants has appointed Matt Snell as its new Managing Director. Snell recently joined the group as Commercial Director and will take over the reins from current MD Sue Crimes in April. Crimes will move into a Non-Executive board position as part of a planned succession process.

Gusto’s Chairman, Jeremy Roberts, says: “Matt brings a wealth of relevant experience to the role and we are very excited at his appointment. He will bring a different perspective and outlook to the business, enabling him to build on the strong foundations laid to date.”
 
Snell says: “Sue and the team have done a fantastic job in getting the business to where it is today, and I am both grateful and delighted to be given the opportunity to develop and expand the business even further.”
 
Crimes led a management buy-out of Gusto from Living Ventures in 2013, when the estate comprised nine sites, in a deal backed by Palatine Private Equity. The group now operates 19 sites across the country.
 
Roberts says: “Sue has been with the business since its inception in 2008 and has overseen its growth since Palatine’s investment – the estate has more than doubled in size under her leadership. I am delighted that she will be staying with the business to assist the transition and to continue to add her wealth of sector knowledge and specific operational nous to the board.”
 
Crimes says: “This has been a move that we have been planning for many months and our appointment of Matt recently was the last piece of that jigsaw. I am really looking forward to taking up my new role, and am really excited to continue to be involved in a different capacity with this fantastic business.”

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