Savoy Equities Ltd. announced the appointment of Chief Executive Officer, Mr. Charles Daily. The company's board has been focusing its attention on an appropriate business structure to take the company forward and gain momentum. He began his career in the US where he was Director of Sales for Federal Marketing Corporation; Falls Church, Virginia involved negotiating blanket purchase agreements with US Federal Government Departments and hospitals together with contracts with US Medical and laboratory Manufacturers.

He sold his interest in the company and invested the proceeds in New Zealand to develop the Wholly Bagels and Pizza business between 1998 and 2011.