Andy Hornby (born 21 January 1967) is an English businessman, currently chief executive of The Restaurant Group, a British chain of restaurants and public houses.
Biography
Hornby was born in Scarborough, North Yorkshire, but brought up in Bristol, where his father was headteacher of Clifton College Preparatory School.
Hornby is currently the chief executive of The Restaurant Group (TRG). Prior to joining TRG, Hornby was the co-chief operating officer at GVC Holdings. He had previously been the COO at Ladbrokes Coral, chief executive of Coral and the Chairman of Pharmacy2U. He had also served as Group chief executive of Alliance Boots and Group chief executive of Halifax Bank of Scotland (HBOS). He has also held a range of roles at Asda, including Retail managing director and managing director of "George" clothing. He has a degree in English literature from St Peter's College, Oxford, and an MBA from Harvard Business School, where he graduated top of his class of 800 students.
Career
Hornby started his career with Boston Consulting Group where he focused on retail, consumer goods and financial sectors. After graduating from Harvard, he joined Blue Circle Industries where he carried out a range of general management roles. After leaving Blue Circle, he joined Asda under CEO Archie Norman, becoming Director of Corporate Development, Retail managing director, overseeing 36 stores and 14,000 employees; and then managing director of George whilst Allan Leighton was CEO. In 1999 he was promoted to the Asda Management Board at the age of 32.
In November 1999 Hornby joined Halifax as chief executive of Retail and became chief executive of HBOS Retail following the merger with Bank of Scotland in 2001. In 2005 he was appointed chief operating officer of HBOS and he became Group chief executive in 2006, a position which he held until the takeover by Lloyds TSB Group. For five years Hornby was a non-executive director of Home Retail Group (& previously GUS Plc) where, until standing down in July 2009, he was also Chairman of the Remuneration Committee.
On 1 July 2009, Hornby became Group chief executive of Alliance Boots, an international pharmacy-led health and beauty group with over 115,000 employees and a presence in over 20 countries worldwide.
On 25 March 2011, Hornby resigned as chief executive of Alliance Boots. On 18 July 2011, he commenced his role as chief executive of Coral, which consists of a Retail estate of 1,750 betting shops, as well as an interactive business offering betting via Internet, telephone and mobile. Hornby was CEO of Coral until 2016, when he became COO of Ladbrokes Coral, following the completion of the merger between Ladbrokes and Gala Coral.
In June 2012, Hornby was appointed chairman of Pharmacy2U, an internet and mail order pharmacy. Pharmacy2U said that Hornby would continue in his position at Coral alongside the Pharmacy2U role. The business added that he would work closely with the board and management team "to refine and develop the company's strategy as it enters a period of ambitious growth". Hornby left his role as Chairman of Phamacy2U in 2017 following the sale of the majority shareholding to new private equity investors.
On 5 April 2013, The Banking Standards Commission asked financial regulators to consider whether three former HBOS bankers, including Hornby, should be barred from future roles in the financial sector. It said former bosses Sir James Crosby and Andy Hornby were largely to blame for the collapse of HBOS, then the UK's fifth-biggest bank, in 2008; former chairman Lord Stevenson was also heavily criticised. The commission accused the trio of a "colossal failure" of management.
In 2018, Andy Hornby became joint COO of GVC Holdings, following the acquisition of Ladbrokes Coral by GVC. Andy left GVC in July 2019 following his appointment at The Restaurant Group. On 2 May 2019, Andy Hornby was appointed as the CEO of The Restaurant Group and was appointed to the Board with effect from 1 August 2019.
Timeline
Gala Coral
Andy Hornby joined Gala Coral Group on 18 July 2011 as chief executive of Coral.