The ONE Group Hospitality, Inc Announces Board Changes
November 17, 2017 at 09:20 am EST
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The ONE Group Hospitality, Inc. announced that on November 15, 2017, the Board appointed Mr. Chan as a Class II director, effective upon the closing of the Offerings, which occurred on November 17, 2017, with respect to ASM’s investment. In connection with his appointment to the Board, it is expected that Mr. Chan will be appointed to serve on the Board’s audit committee. The company further announced that effective November 16, 2017, Nicholas Giannuzzi resigned from his position as a member of the Board.
The ONE Group Hospitality, Inc. is an international restaurant company, which develops and operates upscale and polished casual, high-energy restaurants and lounges and provides hospitality management services for hotels, casinos, and other high-end venues. Its primary restaurant brands and operations are STK, an American steakhouse concept with restaurants in various metropolitan cities in the United States, Europe, and the Middle East, featuring steaks, seafood, and specialty cocktails; Benihana, an operator of highly differentiated experiential brands that owns the national teppanyaki brand in the United States; Kona Grill, a polished casual, bar-centric grill concept with restaurants in the United States; RA Sushi, a Japanese cuisine concept, and ONE Hospitality, its food and beverage hospitality services business that develops, manages, and operates restaurants and turnkey food and beverage services within high-end hotels and casinos operating in the United States and Europe.