According to News, James Brown, who announced his retirement from BrewDog on Wednesday, is going to take over as operator of the restaurant.
Industry insiders predicted Prezzo would make his hiring public on Thursday.
Prezzo, a company owned by Cain International, employs over 2,000 people and operates from slightly under 100 locations.
Insiders say that under temporary CEO Dean Challenger—who will return to his previous position as chief financial officer—the company’s performance has stabilized.
During the pandemic, Prezzo nearly failed and had to implement a reorganization strategy to shut roughly 40 underperforming locations.
According to sources, it was currently back in expansion mode and examining a pipeline of possible locations.
For several of his nine years there, Mr. Brown oversaw the company’s bars segment as its chief executive.
Before that, he worked for Scotland’s largest independent hospitality operator, G1 Group, which is currently known as Scotsman Group.
