Rockpool culinary director Corey Costelloe.
Rockpool culinary director Corey Costelloe.Janie Barrett

Costelloe said he was informed this week that he was no longer required as culinary director at Hunter St. Hospitality. Senior staff in operations and group marketing roles have also been let go.

Advertisement

Costelloe will be in demand by other hospitality groups,but says he’ll scout Sydney to open his own restaurant. He rose to culinary director at Hunter St. Hospitality – which oversees Rockpool Bar&Grills in Sydney,Melbourne and Perth,Rosetta in Melbourne,and the upmarket Asian concepts Spice Temple and Sake.

Thomas Pash,CEO of Pacific Hunter,which owns Rockpool Bar&Grill.
Thomas Pash,CEO of Pacific Hunter,which owns Rockpool Bar&Grill.Louie Douvis

Pacific Hunter Group (owner of Hunter St. and Pacific Concepts) chief executive Thomas Pash told Good Food that venue closures played a part in staff cuts. “As the size of our portfolio has decreased post-COVID,a few senior roles across the business have been impacted as part of a strategic restructure,” Pash says.

The post-COVID period has been a testing time for the restaurant group built by Quadrant Private Equity,which acquired Rockpool Group from chef Neil Perry and his partners in 2016,merging it with its Urban Purveyor Group,which it purchased for $175 million in 2015. Though Perry has left the business,he retains a small stake.

In April 2023,The Australian Financial Review reported that the COVID-19 pandemic was difficult for parent company Pacific Hunter,with a financial report lodged with the corporate regulator showing the company posted a $75.7 million loss for the 12 months to June 30. For the previous financial year,the company recorded a loss of $87.5 million.

Advertisement

Pash is confident the worst is over for senior staff cuts.

“We don’t anticipate any further changes at this point,” he says.

Neil Perry meanwhile has since opened Margaret in Sydney’s Double Bay,which was namedThe Sydney Morning Herald Good Food Guide’sRestaurant of the Year 2024.

Restaurant reviews,news and the hottest openings served to your inbox.

Sign up
Scott BollesScott Bolles writes the weekly Short Black column in Good Food.

From our partners

Advertisement
Advertisement