After five years as head of the global nightlife/daylife and dining hospitality brand Hakkasan Group, 50-year-old CEO Neil Moffitt is leaving the company.
“My passion for what we have built will never go away, however it feels like the right moment for me to step off the train and refocus on my own future and family,” Moffitt said in a statement released Monday.
The decision comes on the eve of a proposed merger with fellow hospitality giant SBE, a move that will consolidate the companies into a single entity—a hotel, entertainment, nightlife/daylife and dining powerhouse. Moffitt tells Vegas Seven that he has liquidated his interests in Hakkasan Group prior to the closing and they have been acquired by the current shareholder.
‘’Neil Moffitt has been the driving force of this company and we are incredibly grateful for his vision, commitment and leadership over the years. We are naturally disappointed to see him leave,” said Khalifa Bin Butti, chairman of Hakkasan Group.
Locally, Hakkasan Group operates Hakkasan Restaurant and Nightclub, Wet Republic Pool Club, Omnia Nightclub, Jewel Nightclub and restaurants such as Herringbone in Aria and Searsucker in Caesars Palace, as well as many venues around Las Vegas and the world. Hakkasan Group has more than 7,000 employees worldwide, with more than sixty nightlife, daylife and restaurant venues spanning four continents.
Moffitt, a former music festival producer and creator of the brand Godskitchen, arrived in Las Vegas 14 years ago as consultant for Ice Nightclub. He later formed his own company, Angel Management Group, which was acquired by Hakkasan Group when he became CEO.
“I am proud to leave a lasting legacy and an excellent management team and wish the new shareholders and the team the best of luck on the next phase of the journey,” Moffitt says.
Story developing, Vegas Seven’s exclusively talks to Moffitt about his departure in the April 20 print edition.