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HomeFoodDanny Meyer to Step Down as CEO of Union Sq. Hospitality Group

Danny Meyer to Step Down as CEO of Union Sq. Hospitality Group


Union Sq. Hospitality Group CEO Danny Meyer, a celebrated fixture within the NYC eating scene, is stepping down from his place after almost 4 a long time. USHG president and chief working officer Chip Wade — who beforehand held operations and administration roles for Crimson Lobster and Olive Backyard dad or mum firm Darden — will probably be taking up as the corporate’s new CEO, efficient September 6.

Throughout the pandemic, the executives “partnered collectively and navigated the enterprise via an extremely difficult interval,” and now, “that is the perfect time for me at hand Chip the baton,” Meyer mentioned in a press release. “When Chip joined us three years in the past, our hope was that he’d sooner or later be ready to succeed me as USHG’s chief, and that day has unquestionably arrived.”

The famed restaurateur will nonetheless have a presence on the firm, nevertheless. Meyer is staying on as govt chairperson of USHG and can nonetheless be concerned in creating new eating places, consulting on firm enlargement concepts, and “stay an energetic advisor and mentor” to the workforce, in response to a press launch on the information. He may even proceed his different roles as managing companion of USHG’s investing arm Enlightened Hospitality Investments, and board chairperson of the favored burger chain Shake Shack.

Meyer based Union Sq. Hospitality Group 37 years in the past, in 1985, with the opening of Union Sq. Cafe in downtown Manhattan. Within the following a long time, he is opened a parade of principally well-received eating places in NYC underneath the USHG umbrella: There are Michelin-starred spots together with Gramercy Tavern and the Fashionable, all-day cafe Day by day Provisions, barbecue spot Blue Smoke, and the more moderen critically acclaimed addition of Ci Siamo at Manhattan West.

The restaurateur can be well-known for his “enlightened hospitality” method to restaurant service and administration, which he bottled up and offered within the 2006 e-book Setting the Desk. Nevertheless, Meyer has come underneath fireplace for mishandled misconduct allegations, within the now closed Battery Park Metropolis spot North Finish Grill.

“As CEO, I’m trying ahead to accelerating our progress via cultural, operational, and monetary efficiency, along with driving new enterprise priorities,” Wade mentioned in a press release.

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