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Laguna Hills
Friday, Jun 21, 2024
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OC500 HOSPITALITY/FOOD: NED ALGEO

CFO, XPERIENCE RESTAURANT GROUP

WHY: Financial exec of Cypress-based restaurant operator with 72 locations across 11 brands total, which includes El Torito, Laguna Beach’s Las Brisas and Sol Mexican Cocina.

IN THE NEWS: Algeo helped lead the acquisition of two new dining concepts from Texas-based RM Restaurant Group. Xperience also opened six new restaurants over the past year, including locations in Las Vegas, Orlando and Chicago. The firm aims to reach 100 locations total in next few years through similar large-scale acquisitions.

NOTEABLE: Named Outstanding CFO of a Private Company in 2022 at Business Journal’s annual awards ceremony. QUOTABLE: “I’m in this industry for life.”

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