Corporate Operations: Page 8
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Zaxby’s snaps up Dollar General, Yum Brands alum for CFO
Donny Lau was named finance chief of the Athens, Georgia-based chicken chain, which aims to grow well beyond its Southern roots.
By Maura Webber Sadovi • July 24, 2023 -
Starbucks hires former Target exec to lead supply operations
With Arthur Valdez joining Starbucks as EVP of global supply, the company is looking to achieve efficiencies in its supply chain, which is threatened by climate change.
By Aneurin Canham-Clyne • July 20, 2023 -
Trendline
Menu development
Restaurants big and small are experimenting with their menus to align with the preferences of on-the-go diners and mitigate the impact of rising food costs, supply chain disruption and shrinking consumer discretionary funds.
By Restaurant Dive staff -
Cracker Barrel appoints Taco Bell vet as CEO
Julie Felss Masino, Taco Bell’s international president, succeeds Sandra Cochran, who served as CEO and president of Cracker Barrel since 2011.
By Julie Littman • July 18, 2023 -
10 major restaurant CEO changes from H1 2023
The first half of the year was marked by major turnover among chief executives, as some leaders departed amid federal scrutiny and others were hired to support brand turnarounds.
By Aneurin Canham-Clyne • July 17, 2023 -
Donatos Pizza to deploy pizza vending machine
The chain will deploy its first automated pizza kiosk in partnership with Appetronix in Columbus, Ohio, at an unspecified time in the future.
By Aneurin Canham-Clyne • July 14, 2023 -
Red Robin pulls the plug on MrBeast Burger and its own virtual brands
In a blow to Virtual Dining Concepts, Red Robin will stop serving the YouTube personality’s menu as the chain focuses on its core offerings and operations.
By Aneurin Canham-Clyne • July 14, 2023 -
7-Eleven rolling out refreshed coffee program, more private label goods to stores
The company has upgraded to bean-to-cup machines and iced coffee options in more than 4,800 stores, with more coming throughout the year.
By Jessica Loder • July 14, 2023 -
Uber CFO to depart: report
The departure of CFO Nelson Chai would mark the most significant executive switch at Uber since the company went public in May 2019.
By Grace Noto • July 12, 2023 -
Domino’s strikes deal with Uber Eats through 2024
The companies will pilot an ordering partnership in four U.S. markets this fall before expanding nationwide. Domino’s will still deliver orders placed through Uber Eats.
By Aneurin Canham-Clyne • July 12, 2023 -
H1 2023 marked by 4 layoffs in restaurant tech
Companies in the delivery, virtual brand and POS platform subsectors grappled with growing losses and corporate restructuring.
By Emma Liem Beckett • July 10, 2023 -
Yum names Taco Bell CEO
Sean Tresvant, who joined the brand as chief global brand officer in 2022, will replace Mark King at the start of the year.
By Aneurin Canham-Clyne • June 30, 2023 -
Smokey Bones names Hal Lawlor to joint role of president, COO
Lawlor, who has served as the chain’s COO since 2019, takes on the added role following CEO James O’Reilly’s departure earlier this month.
By Julie Littman • June 29, 2023 -
Noodles & Company hires Ruth’s Chris exec as CFO
Michael Hynes, will start with the company on July 24 following the departure of CFO Carl Lukach earlier this month.
By Aneurin Canham-Clyne • June 27, 2023 -
Papa Johns hires Nike exec as CFO
Ravi Thanawala joins the company from Nike’s largest division, North America, which saw $18 billion in revenue last year.
By Aneurin Canham-Clyne • June 26, 2023 -
Darden board chairman Eugene Lee to retire
Lee’s departure was announced the same day as Darden’s results for FY2023, which include modest increases in same-store sales and its restaurant count.
By Aneurin Canham-Clyne • June 22, 2023 -
Blaze Pizza hires Focus Brands execs as chief development, operations officers
Kevin Moran and Johnny Tellez join Blaze Pizza six months after the restaurant chain hired Focus Brands alum Beto Guajardo as president and CEO.
By Aneurin Canham-Clyne • June 21, 2023 -
Burger King wants to force Meridian to sell off its restaurants
Burger King, like Meridian Restaurant’s creditors, is asking a court to allow creditors to arrange the sale of the franchisee’s restaurants.
By Aneurin Canham-Clyne • Updated Jan. 2, 2024 -
BurgerFi appoints former Wall Street analyst as CFO
Christopher Jones starts as BurgerFi’s top financial executive on July 10, the same day as its incoming CEO.
By Julie Littman • June 13, 2023 -
Potbelly hires HR, franchising executives
Lynette McKee will support Potbelly’s transition to a majority franchise system as SVP of franchising, and Patrick Walsh will work as chief people officer.
By Aneurin Canham-Clyne • June 12, 2023 -
Grubhub cuts 15% of staff
The layoffs come six months after rival DoorDash eliminated 1,250 positions, and follow rising operating and staffing costs, CEO Howard Migdal said.
By Julie Littman • June 12, 2023 -
Chipotle eliminates 25 jobs in corporate reorganization
The reorganization follows an in-depth review of the chain’s business needs to determine what would best meet the company’s aggressive goals.
By Julie Littman • June 8, 2023 -
Smashburger names interim president to replace Carl Bachmann
Jollibee, the burger chain’s parent company, tasked its chief sustainability and public affairs officer Jose Miñana to lead the burger chain starting June 30.
By Aneurin Canham-Clyne • June 8, 2023 -
Sweetgreen will automate all new stores, target suburban markets
The salad chain’s Infinite Kitchen makeline could remake its labor model, analysts said following CEO Jonathan Neman’s presentation at William Blair’s Growth Stock Conference.
By Aneurin Canham-Clyne • June 8, 2023 -
Taco John’s CEO to retire at the end of the year
Jim Creel, who has been Taco John’s CEO for six years and worked with the chain for over two decades, will retire from the brand by the end of the year.
By Julie Littman • June 7, 2023 -
Popeyes adds blackened chicken sandwich to menu permanently
The chicken sandwich, which succeeded as an LTO last year, is being marketed as a healthier entree that diners can enjoy every day.
By Aneurin Canham-Clyne • June 7, 2023