Creams CEO steps down as majority shareholder increases stake

The co-founders will move away from the business’s day-to-day operations to focus their experience in “key” strategic areas.

Creams CEO Adam Mani has stepped down from the role after majority shareholder Pistachio Holdings and co-investor, Salonica Maroon have acquired a further shareholding from him and co-founder Balal Aqil.

The co-founders will move away from the business’s day-to-day operations to focus their experience in “key” strategic areas.

Mani will assume the role of chief innovation officer whilst Aqil will step down from the board to become an advisor.

Othman Shoukat, who joined Creams as managing director at the outset of the pandemic, will continue to lead the business and will be supported by Christian Chaumette, recently appointed as COO, alongside other members of the senior leadership team.

Since the pandemic, Creams opened more than 10 new restaurants and secured a pipeline of a further 15 sites opening in the next six months.