US-based casual dining restaurant chain P F Chang’s has appointed Rohit Manocha as the company’s interim CEO, replacing Damola Adamolekun, who will step down from his CEO role effective 1 August 2023.

Rohit Manocha has been a shareholder representative and board member of P F Chang’s since 2019.

The company stated that alongside serving as interim CEO, Manocha will also work with an independent recruitment firm to conduct a search for Damola Adamolekuna’s successor.

Adamolekun said: “I’m immensely proud of all that we’ve accomplished to elevate the customer experience, to build out the company’s technology infrastructure to enable a robust takeout and delivery business and to expand our international footprint.

“It’s been an honour to lead P F Chang’s and I wholeheartedly believe the strong team we have in place will continue to drive success in the future.”

Rohit Manocha has experience in the restaurant, retail and investment sectors. He co-founded private investment firm TriArtisan Capital Advisors and served as TGI Fridays’ chairman.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

He has also been a board member of Dover Saddlery and Mears Transportation.

Manocha said: “The P F Chang’s brand and restaurant network are in a great position and I look forward to working closely with our talented team to build on our momentum, drive increased traffic and transition the company to its next world-class leader. Most importantly, we will continue to make our customers’ lives better through iconic, authentic food and joyful hospitality.”

P F Chang’s is owned by TriArtisan Capital Advisors and Paulson & Co. They acquired the restaurant group from Centerbridge Partners in March 2019.

After the acquisition, the companies claimed to have invested $200m to open more than ten bistros and two flagships to revitalise the existing fleet and upgrade the restaurant’s existing menu and in-house customer experience.