Corporate Operations: Page 19
-
Denny’s hires presidents for both its brands
John Dillon, Denny’s chief brand officer, will become president of Denny’s while David Schmidt, current Red Lobster CFO, will oversee Keke’s Breakfast Cafe.
By Julie Littman • Aug. 26, 2022 -
Focus Brands taps operations experts for exec roles
Shelley Harris and William Armstrong’s experience could support the company as it targets non-traditional and off-premise-focused growth.
By Emma Liem Beckett • Aug. 25, 2022 -
McDonald’s hires PepsiCo exec as global chief impact officer
Jon Banner joins the chain as it looks to improve its sustainability initiatives and its corporate and store-level culture around diversity.
By Emma Liem Beckett • Aug. 25, 2022 -
Krystal hires CMO
Casey Terrell, a former Focus Brands executive, joins the brand as it looks to accelerate growth by deploying a new prototype and partnering with celebrities.
By Julie Littman • Aug. 24, 2022 -
Woworks creates 2 VP of culinary roles
The holding company brought on Cole Thompson and is transitioning executive chef Katie Cavuto to each oversee menu development at three different brands.
By Julie Littman • Aug. 24, 2022 -
SPB Hospitality appoints interim CEO, CFO
After his promotion to temporary chief, Josh Kern hired Jessica Hagler as chief financial officer of the restaurant group, which owns J. Alexander’s and Logan's Roadhouse, among others.
By Julie Littman • Aug. 23, 2022 -
McDonald’s board member to retire after Carl Icahn squabble
Sheila Penrose, who Icahn sought to unseat along with Richard Lenny over McDonald’s suppliers’ treatment of pigs, will step down on Sept. 30.
By Emma Liem Beckett • Aug. 23, 2022 -
Starbucks dissolves COO role
John Culver’s departure marks the chain’s third major executive exit in four months, and comes amid interim CEO Howard Schultz’s call for “a different kind” of leadership.
By Emma Liem Beckett • Aug. 19, 2022 -
Taco Bell pilots its own plant-based protein option
Customers will be able to try the proprietary soy and pea protein blend in menu items at participating stores in the Birmingham, Alabama, area.
By Aneurin Canham-Clyne • Aug. 18, 2022 -
Judge approves McDonald’s franchisee’s $1.5M settlement in sexual harassment suit
About 100 plaintiffs, who alleged they were harassed by a Michigan store manager, will be able to claim an average of $10,000 each.
By Emma Liem Beckett • Aug. 18, 2022 -
Jack in the Box offers multi-unit franchisees discounted royalty rates
The incentive program, which is available to operators who develop at least three stores, could save franchisees $180,000 per unit, the chain claims.
By Aneurin Canham-Clyne • Aug. 17, 2022 -
Paris Baguette targets 1K US locations by 2030
The bakery cafe expects to open 40 units this year and another 96 in 2023 following strong sales growth over the past two years.
By Alicia Kelso • Aug. 17, 2022 -
Wendy’s unveils omnichannel prototype for traditional restaurants
The burger chain will add a pickup window for delivery drivers, in-store shelves for digital orders and a redesigned kitchen.
By Aneurin Canham-Clyne • Aug. 17, 2022 -
Nashville bank execs launch Sonata to serve fast food industry
Dan Dellinger and Farzin Ferdowsi aim to solve turnover and banking access issues in the quick-service space, and add telehealth and financial literacy to help franchisees retain talent.
By Anna Hrushka • Aug. 16, 2022 -
Bloomin’ Brands promotes Pat Hafner to president of Carrabba’s
Hafner, who first joined the company as an Outback waiter in 1996, will oversee operations across 220 Carrabba’s locations.
By Aneurin Canham-Clyne • Aug. 16, 2022 -
Gopuff taps Panera exec as new CFO
Ted Stedem's addition to the ultrafast delivery company's C-suite comes a few months after it named a Pizza Hut alum to lead its Kitchen division.
By Brett Dworski • Aug. 15, 2022 -
BP plans to maximize East Coast footprint with NY c-store opening
California-based Ampm debuted in the Big Apple, with a hot deli and a grocery section of fruit, dry goods and a bakery.
By Brett Dworski • Aug. 12, 2022 -
Panera Brands appoints JAB exec as CFO
Konrad Meyer joins the company just over a month after its plans to go public via Danny Meyer’s SPAC fell through.
By Julie Littman • Aug. 12, 2022 -
Sweetgreen on track for 1K units by 2030 despite profitability issues
The salad chain expects to open at least 35 new restaurants this year, with many in suburban markets.
By Julie Littman • Aug. 11, 2022 -
Fat Brands reaches agreement in principle in shareholder class action lawsuit
The company will pay $2.5 million and issue $500,000 in Class A common stock to impacted shareholders, who saw prices tank upon news Fat’s CEO and COO were under federal investigation.
By Julie Littman • Aug. 11, 2022 -
Reef Technology's expansion
Wendy’s to slash at least 550 units from Reef pipeline
The burger chain now plans to open between 100 and 150 Reef locations by 2025, down from 700, as sales at U.S. outposts disappoint.
By Aneurin Canham-Clyne • Aug. 10, 2022 -
Sweetgreen lays off 5% of support staff
These reductions could result in annual savings of $4 million and help the chain reach profitability potentially as early as 2024, according to the company.
By Julie Littman • Aug. 10, 2022 -
Whole Foods co-founder plans to launch vegetarian restaurant chain
John Mackey’s past success scaling a business promoting healthy lifestyles could attract more investor attention as plant-based diets grow in popularity.
By Alicia Kelso • Aug. 9, 2022 -
Pilot debuts in-house Tex-Mex deli among other foodservice upgrades
Prepared foods will play a substantial role in the convenience store chain’s new $1 billion store modernization project.
By Brett Dworski • Aug. 9, 2022 -
Picnic Works, Speedy Eats to deploy 5K automated drive-thrus
The companies expect to roll out the automated stations, worth an estimated $800 million, in the U.S. throughout the next five years.
By Alicia Kelso • Aug. 8, 2022