Patisserie Valerie’s new owners defenestrate management team
The two most senior members of the revamped Patisserie Valerie management team have left the business, less than two weeks after securing a deal that rescued the crisis-hit business.
Chief executive Steve Francis and commercial director Rhys Iley joined in the aftermath of the accounting scandal which was uncovered last October and ultimately resulted in the cafe chain going into administration in January.
However they have now left the business, having been let go by Patisserie Valerie's new owner, Causeway Capital. The Tim... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
