Directorate change

Summary by AI BETAClose X

Tortilla Mexican Grill PLC has appointed Gregor Grant as a Non-Executive Director and Chair of the Audit Committee, effective March 9, 2026, completing its board transition. Grant brings extensive financial leadership experience from the hospitality sector, including his role as CFO at Loungers plc where he contributed to significant growth from 131 to 258 sites and played a part in its 2019 IPO. While his directorships include current roles at Golden Cap Limited and Block Group Limited, his past directorships at Loungers and other entities are noted, alongside past administrations and Chapter 11 filings for companies he was involved with, such as Survivor Group Limited and Magic Brands LLC/Fuddruckers Inc., which resulted in substantial creditor recoveries.

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Tortilla Mexican Grill PLC
09 March 2026
 

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Tortilla Mexican Grill plc

("Tortilla", the "Group" or the "Company")
Appointment of Non-Executive Director

9 March 2026

 

On 6 February 2026 Tortilla Mexican Grill PLC ("Tortilla" or the "Group"), the largest fast-casual Mexican restaurant group in Europe, announced a leadership transition, stated its strategic priorities and that the recruitment of a further Non-Executive Director to chair the Audit Committee was underway.  Tortilla is pleased to announce the appointment of Gregor Grant as a Non-Executive Director and Chair of the Audit Committee, with effect from 9 March 2026. This completes the Board's transition process.

Gregor Grant brings significant experience to Tortilla's Board, having spent the majority of the past 28 years in CFO roles within the hospitality sector.  These roles have covered the pub sector, fast-casual restaurants, international operations, franchising, and latterly, with Loungers plc, café/bars.  During his six years as CFO of Loungers the business grew from 131 to 258 sites and he played a key role in its IPO in April 2019.  Gregor qualified as a chartered accountant with Deloitte.

Duncan Garrood, Non-Executive Chair of Tortilla, commented:

"We are delighted to welcome Gregor to the Tortilla Board. He brings a depth of directly relevant experience from senior financial leadership roles in the hospitality sector, including guiding Loungers through a period of significant growth and operating within a plc environment.  Gregor's experience makes him an excellent fit for Tortilla at this stage of our journey and a highly effective Chair of the Audit Committee, and I very much look forward to working with him."

Gregor Grant, Non-Executive Director, commented:

"I am pleased to be joining the Board of Tortilla at an exciting stage in its development.  Having spent a significant part of my career helping to scale hospitality businesses, most recently at Loungers, and supporting them through the demands of life as a plc, I am looking forward to working with the Board and management team to further strengthen governance and support Tortilla's continued growth."

In accordance with Rule 17 and Schedule 2 paragraph (g) of the AIM Rules for Companies, Gregor Grant (aged 59 years) holds / has held the following directorships / partnerships in the last 5 years.  

Current 

Past 5 years 

Golden Cap Limited

Loungers Limited (formerly Loungers plc) 

Block Group Limited

Lion/Jenga Topco Limited


Lion/Jenga Midco Limited


Lion/Jenga Bidco Limited


Loungers Holdings Limited


Loungers (UK) Limited


Nightlife Leisure (SW) Limited


Route Restaurants Limited

Survivor Group Limited, a company of which Gregor Grant was a Director, appointed an administrator on 21 May 2015 and was dissolved and liquidated on 15 December 2015.  Secured and preferential creditors were repaid in full for a total sum of £35.9 million.  The amount of shortfall to unsecured creditors (principally the private equity shareholders) was approximately £99.4 million.  No creditors to the operating businesses in Survivor Group Limited were affected.

Magic Brands LLC and Fuddruckers Inc., of which Gregor Grant was a director and CFO, filed for Chapter 11 bankruptcy protection in the United States in April 2010.  The assets of Magic Brands LLC and Fuddruckers Inc were then sold pursuant to the Chapter 11 procedure in June 2010, realising an amount of $63.45 million, which resulted in substantial recoveries for creditors.

Gregor Grant holds no Ordinary Shares within the Company.

There are no further disclosures to be made under Schedule 2 (g) of the AIM Rules for Companies.

ENQUIRIES:

 

Tortilla Mexican Grill PLC  

Via Eggmedia 

Brandon Stephens, Chief Executive Officer

  

Richard Haley, Chief Financial Officer




Panmure Liberum Limited (Nominated Adviser, Sole Broker)  

Tel: 020 3100 2222 

Andrew Godber  

  

Edward Thomas  

  

Gaya Bhatt

  

  

  

Eggmedia Ltd (Public Relations)

Tel: 07710 571452

Ian Edmondson  

  egg@eggmediapr.com

Ross Gow

  ian@eggmediapr.com

 

About Tortilla Mexican Grill plc

 

Founded in 2007, Tortilla is Europe's largest fast-casual Mexican restaurant brand.  With 81 locations in the UK (of which 15 are franchise stores), 22 in France (of which 9 are franchise stores) and 13 franchise stores in the Middle East, Tortilla offers authentic California-style burritos, tacos and salads.

 

Through the acquisition of Chilango in the UK in 2022 and Fresh Burritos in France in 2024, as well as franchise partnerships with SSP Group plc, Compass UK & Ireland and Eathos, the brand continues to expand globally.

 

Tortilla breaks the mould of typical takeaways, combining quick service with quality ingredients to serve affordable, made-to-order meals in under 90 seconds, in cosy environments fitting for lunch or dinner and a beer with friends.  The menu is fully customisable - there are thousands of flavour combinations to try - with produce that's fresh, never frozen, 70% plant-based and vegan-friendly, higher welfare meats and free from artificial flavours or preservatives.


Emphasising sustainability, Tortilla only uses recycled and recyclable packaging, 100% renewable electricity and sends zero waste to landfill.


Headquartered in London and listed on the London Stock Exchange (LSE: MEX), Tortilla employs over 1,200 people.


More details at tortillagroup.co.uk

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