Batali, who was accused by several women of sexual harassment and assault in December 2017, will “no longer profit from the restaurants in any way, shape or form,” according to Tanya Bastianich Manuali.
The group’s remaining 16 restaurants will operate under a new management and financial structure; Bastianich Manuali and her brother, Joe Bastianich, have bought out all of Batali’s shares in the restaurants.
Though they would not share the details the of the buyout, Bastianich Manuali will head day-to-day operations a a new (so far unnamed) company that will replace Batali and Bastianich Hospitality Group.
In a statement to The New York Times, Batali said “I have reached an agreement with Joe and no longer have any stake in the restaurants we built together. I wish him the best of luck in the future.”
At its peak, the company operated dozens of restaurants and food businesses across the world, including locations in Italy, Singapore and Hong Kong. Batali and Bastianich became celebrities of the food world.
Reports of Batali’s history of sexual harassment and assault brought police investigations in 2017, as well as professional consequences: the group’s Manhattan flagship restaurant, Del Posto, saw an immediate drop in reservations, and six of the group’s restaurants were closed afterward when the Sands casino group ended its contract with Batali and Bastianich.