Content area
Full text
Emanuel “Manny” Hilario has been named president and CEO of The One Group Hospitality Inc., parent to the high-energy STK steakhouse-and-lounge chain, the company said Monday.
Hilario, who has served as a One Group board member since April, replaces former CEO Jonathan Segal, who will become executive chairman, focusing on global licensing and business development opportunities for the multiconcept operator.
In addition, Michael Serruya will step down as board chairman, but remain a director.
The move comes as One Group shifts to an asset-light business model, focusing on management and licensing opportunities for its restaurants, many of which are located in hotels and casinos.