Alejandro Munoz-Suarez Named COO for The ONE Group

The ONE Group Hospitality, Inc (Nasdaq:STKS) yesterday announced the appointment of Alejandro Munoz-Suarez as Chief Operating Officer (COO), effective March 31, 2016. He will report directly to Jonathan Segal, The ONE Group’s CEO.

Formerly President of B&B Hospitality’s Pacific Division, Mr. Munoz-Suarez will be responsible for leading business growth initiatives and driving profitability. In the near-term, he will manage the opening of several restaurants currently under construction or in development, including STK locations in Boston, Orlando, San Diego, Denver, Miami, Austin, Dallas, and Toronto.

“Alejandro’s lengthy tenure at B&B Hospitality provides a deep level of expertise in how to aggressively grow and scale a hospitality company, which will be instrumental in supporting the ambitious plans we have set through 2017,” stated Jonathan Segal, CEO, The ONE Group. “We remain focused on expanding the STK brand both domestically and internationally, and we are thrilled to have such a seasoned hospitality veteran join The ONE Group.”

The ONE Group (NASDAQ:STKS) is a global hospitality company that develops and operates upscale, high-energy restaurants and lounges and provides hospitality management services for hotels, casinos and other high-end venues both nationally and internationally. The ONE Group’s primary restaurant brand is STK, a modern twist on the American steakhouse concept with locations in major metropolitan cities throughout the U.S. and Europe. ONE Hospitality, The ONE Group’s food and beverage hospitality services business, provides the development, management and operations for premier restaurants and turn-key food and beverage services within high-end hotels and casinos.