Livingston spent the last week working at Shake Shack units in New York City and New Jersey, according to the article.
“I was working in full uniform,” he said. “I was in every station—the grill, the shake station, and I worked the front of the house.”
Shake Shack, known for its extremely limited menu, made headlines earlier this month when it launched its Chick’n Bites nationwide. The bite-sized chicken pieces are cooked sous vide before being breaded and fried.
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Tropical Smoothie Café tapped a new chief executive officer Thursday, and isn’t being shy about setting goals. The company promoted chief development officer Charles Watson, who spent more than a decade with the brand, to the lead role. Watson’s target: Hit $1 billion in sales and more than 1,500 locations by 2023.
“Charles has the tenacity, vision and passion this brand needs to continue our upward trajectory and will ensure the success of our franchisees is at the center of every decision we make,” said Scott Pressly, Tropical Smoothie’s chairman of the board, in a statement. “He has been instrumental in developing the culture of Tropical Smoothie Cafe and earning the trust of our franchisees. We look forward to realizing Charles’ vision for the company.”
Watson has led Tropical Smoothie’s franchise development efforts since 2010 and served as CDO for the past four years. The company said Watson was directly responsible for selling more than 800 franchises.
“I am overjoyed to have the opportunity to lead such an incredible brand that has truly become a part of my DNA over many years,” Watson said. “I am forever grateful to our franchisees, support center team and our Board of Directors for their confidence in me as the leader who can guide Tropical Smoothie Cafe into a new era.”
Tropical Smoothie has more than 720 locations nationwide. So the goal is essentially to double the chain’s footprint in the next four years.
The company’s performance has been on the rise in recent years. When former CEO Mike Rotondo, who held the job for five years, left for Edible Arrangements in July, Tropical Smoothie said the top 50 percent of its franchise owners had average gross sales north of $873,254—a 30 percent increase over the last four years. Same-store sales were up 36 percent over the past five, and more than 345 locations had opened in that span. Also, it’s reported average-unit volumes of $681,000 were the highest in the company’s 20-plus years of history. When Rotondo joined Tropical Smoothie as VP of operations in 2008, comps were down about 6 percent and another 2 percent in 2009. AUVs hovered around $400,00. By 2015, same-store sales increased 11.2 percent, year-over-year, and the brand ignited a growth spurt with 199 signed franchise agreements that hasn’t slowed much since. It inked close to 100 in 2017.
The year Rotondo was appointed CEO, in 2012, BIP Capital invested in Tropical Smoothie.
View source version at https://www.qsrmagazine.com/employee-management/tropical-smoothie-caf-taps-charles-watson-ceo
Restaurant Brands International Announces Exciting Leadership Changes and Sales Report
Jan 23, 2019, 06:30 ET
- Daniel Schwartz promoted to Executive Chairman of RBI and Co-Chairman of RBI’s Board of Directors after serving as CFO and CEO over the past 8 years
- Jose Cil promoted to Chief Executive Officer (CEO) of RBI, following 18 years with Burger King
- Josh Kobza promoted to Chief Operating Officer (COO) of RBI to oversee the global development, technology and operational teams responsible for supporting the growth of RBI’s brands
- RBI pre-releases fourth quarter comparable sales: 2.2% Canada and 1.9% global at Tim Hortons; 0.8% U.S. and 1.7% global at Burger King; and (0.1%) U.S. and 0.1% global at Popeyes
- RBI pre-releases fourth quarter net restaurant growth: 2.1% at Tim Hortons; 6.1% at Burger King; and 7.3% at Popeyes
- Board approves Q1 2019 dividend increase to $0.50; targeting a 2019 dividend of $2.00 vs. $1.80 in 2018
- RBI to hold its first Investor Day Conference in New York City in May 2019 to provide more detail on its plans for long-term growth and value creation
- RBI will host an investor conference call and webcast at 8:30 a.m. Eastern Time today – Wednesday, January 23, 2019
TORONTO, Jan. 23, 2019 /PRNewswire/ – Restaurant Brands International Inc. (“RBI” or the “Company”) (TSX/NYSE: QSR, TSX:QSP) today announced three leadership promotions that strengthen the Company’s focus on accelerating its global growth. In addition, the Company pre-released comparable sales and net restaurant growth results, demonstrating the continued growth and performance in these key operational metrics.
Reflecting its confidence in the long-term outlook for the Company, the RBI Board of Directors has declared a dividend increase to $0.50 per common share and partnership exchangeable unit for the first quarter of 2019 and the Company also announced it is targeting $2.00 in dividends per common share and partnership exchangeable unit in 2019, compared to $1.80 in 2018. The dividend will be payable on April 3, 2019 to shareholders and unitholders of record at the close of business on March 15, 2019.
Further, the Company also announced its first Investor Day Conference, which will be held in New York City in May 2019to provide more detail on its plans for long-term growth and value-creation.
Daniel Schwartz, who was the Chief Executive Officer of Burger King in 2013 and has been the Chief Executive Officer of RBI since its formation in 2014, has been promoted to Executive Chairman of RBI and Co-Chairman of RBI’s Board of Directors, and will also take a more active role as a Partner at 3G Capital. Daniel will remain deeply involved in the RBI business and will continue to focus on talent acquisition, capital allocation and major strategic initiatives. Daniel, who has served as Chief Financial Officer and Chief Executive Officer over the past 8 years, has been instrumental in the creation of RBI through the acquisitions of Burger King in 2010, Tim Hortons in 2014 and Popeyes Louisiana Kitchen in 2017.
Jose Cil, who has been the President of Burger King since 2014, has been promoted to Chief Executive Officer of RBI. Accelerating the global growth of Burger King, Tim Hortons and Popeyes will be a top priority for Jose in his new role, in addition to delivering an exceptional guest experience, increasing franchisee profitability and building the power of our restaurant brands with our guests. Jose has been with Burger King for over 18 years and has driven the growth of the brand to more than $20 billion in system-wide sales and more than 17,000 restaurants in over 100 countries and territories across the globe.
Josh Kobza has been promoted to Chief Operating Officer of RBI following seven years as an executive in the business, including as Chief Financial Officer from 2013 through 2017 and as Chief Technology & Development Officer in 2018. As the head of global development, he has set up many of the international franchise partnerships that have supported the Company’s growth in recent years and he was also responsible for leading the acquisitions of Tim Hortons in 2014 and Popeyes Louisiana Kitchen in 2017. In his new role, Josh will continue to oversee the establishment of new international franchise partnerships as well as the implementation of the Company’s technology initiatives, and will now also ensure that RBI’s various operational teams best support the global growth of the Company’s three brands.
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Brent Erwin Named SVP of Finance for Capriotti’s Sandwich Shop
January, 23 2019
Las Vegas-based Capriotti’s Sandwich Shop has tapped finance and restaurant industry veteran, Brent Erwin as Capriotti’s Senior Vice President of Finance as the brand looks to further its strategic growth. With more than a decade of experience in finance, Erwin is equipped to develop a sound unit economics strategy to continue driving Capriotti’s to the forefront of the franchise space.
Erwin comes to Capriotti’s most recently from hospitality behemoth, Compass Group (Levy Restaurants division) where he served as Director of Finance Operations for the East Coast sports and entertainment division. He has also held leadership roles at global law firm, Mayer Brown where he focused on developing a robust business analytics department, and also at tech consulting firm, Accenture, where he spent nearly a decade gaining valuable mergers and acquisitions, transactional and corporate finance experience.
“Capriotti’s stood out to me for the overwhelming sense of goal alignment and passion that emanates from the team all the way up to the CEO,” said Erwin. “The brand started as a family-run business more than 40 years ago and it still has that familiar feeling. I am excited to add value to the team not only in a business capacity but also in its passionate and genuine culture.”
As Senior Vice President of Finance, Erwin will be responsible for overseeing finance, accounting and human resources departments, implementing a full suite of forecasting processes, striving to increase value for Capriotti’s franchise partners and enhancing the brand’s culture internally. He will also work to further establish a sense of accountability, visibility and efficiency across the brand from a finance and accounting perspective. Looking ahead, Erwin hopes to make franchise partners feel supported financially by implementing a strategy that will continue to further enhance the brand’s unit economics.
“We are thrilled to welcome Brent into the Capriotti’s family,” said David Bloom, Capriotti’s Chief Development Officer. “With his expertise in finance and working closely with restaurant brands, we know that he is poised to play a vital role in helping take Capriotti’s to new heights as we continue to grow.”
View source version at https://www.restaurantnewsresource.com/article103664.html
Lucy’s Retired Surfers Bar & Restaurant Names Kevin Armantrout Chief Executive Officer
Restaurant Industry Veteran to Grow Brand and Lead Worldwide Expansion
Jan 23, 2019, 10:07 ET
NEW ORLEANS, Jan. 23, 2019 /PRNewswire/ — Lucy’s Retired Surfers Bar & Restaurant (Lucy’s), the popular beach and surf bar concept headquartered and owned by Kirkendoll Management in New Orleans, announced today that Kevin Armantrout will be the brand’s new Chief Executive Officer. Armantrout’s decades of experience in the restaurant industry will be instrumental as the brand prepares for momentous growth and development.
“As we set our sights on major expansion plans, we’ve realized the need to add senior management depth to our executive management team,” said President & Founder of Kirkendoll Management John Kirkendoll. “I’m excited for Kevin to join our corporate team and continue to drive Lucy’s growth and profitability.”
As a 30-year veteran of the restaurant industry, Armantrout is no stranger to helping brands reach their growth potential. Armantrout began his executive management career with Acme Oyster House in 1995. From there, Armantrout joined Ruth’s Chris Steak House, where he served in multiple executive leadership roles. In his most recent role as Chief Operating Officer of Another Broken Egg of America, Inc., Armantrout was responsible for turning the company into one of the fastest-growing brands in the breakfast/brunch segment across the U.S. and leading a capital investment partnership.
As CEO of Lucy’s, Armantrout’s primary goal will be to build out an internal team of personnel, systems, and processes that will help prepare the brand for significant growth. Armantrout will focus on fine-tuning the F&B to ensure Lucy’s is well-positioned for maximum success.
“I am excited to return to New Orleans and join the Lucy’s team,” said Kevin Armantrout. “This is a fantastic opportunity to build upon the brand’s legacy and accelerate growth over the next five to ten years.”
Over the past three years, the Lucy’s concept has grown to four locations in three countries, including domestic restaurants in Louisiana and Florida and international restaurants in Aruba and Costa Rica. A fifth location is set to open in Foley, Alabama in Summer 2019. The brand has plans to grow to 20 locations by 2024.
About Lucy’s Retired Surfers Bar & Restaurant
Lucy’s Retired Surfers Bar & Restaurant got its start in 1985 on Manhattan’s Upper West Side. In 1992, Lucy’s opened in New Orleans’ iconic Warehouse District, quickly becoming a staple of the downtown nightlife scene. The New Orleans-headquartered beach and surf bar concept, fueled by its tropical drinks, zany staff, and fun atmosphere, includes domestic locations in Louisiana and Florida and international locations in Aruba and Costa Rica.
Visit http://www.lucysretiredsurfers.com for more information.
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Shari’s Announces New Executive Chef and Senior VP of Supply Chain, Stan Frankenthaler
Portland, OR (RestaurantNews.com) Shari’s Restaurants starts the New Year with a fresh face, Stan Frankenthaler, who was recently named Executive Chef and Senior Vice President of Supply Chain for the company. Frankenthaler will oversee and implement their new Northwest Fresh menu, as well as all other culinary aspects of their 92 locations.
Bringing his extensive experience from CraftWorks Restaurants & Breweries, Dunkin’ Brands and Whole Foods, Frankenthaler is well-placed to apply his background in assisting Shari’s with their overall brand refresh.
“As a kid, everything we ate was seasonal, and when I worked at Jasper’s I shopped our neighborhood in Boston’s North End daily for seasonal ingredients and daily specials … we offered ‘farm to table’ before our industry developed it as a tagline,” said Frankenthaler. “I believe in a guest-centric and on-brand balance, with a large helping of community involvement, and am thrilled to join the Shari’s team.”
“It is exciting to welcome Stan Frankenthaler to our Senior Management Team. As Executive Chef and Senior Vice President of Supply Chain, Stan will be filling a critical gap in our ability to successfully grow our brands. Stan’s extensive knowledge, industry experience, professional skills and successful career are well-known within the restaurant and hospitality industries,” said Sam Borgese, Shari’s CEO. “I couldn’t be more pleased to have Stan on our team.”
Frankenthaler has received multiple James Beard Foundation award nominations and an organizer and presenter at Research Chefs Association and the World of Healthy Flavors.
To learn more, please visit us at: www.sharis.com or call Jeannie Parkman at 949.442.0500.
Shari’s began in Hermiston, Oregon, in 1978, with Ron and Sharon Bergquist, proprietors. By 1999, Shari’s Restaurants had grown to be the ninth-largest family restaurant chain in the U.S. in total sales and sixth in growth. Since that time, Shari’s has continued its growth under the recent reins of CapitalSpring, which acquired the enterprise in 2016. Currently, Shari’s continues to enjoy a fine reputation in family dining in 92 locations throughout the Northwest United States. Shari’s welcomes guests of all ages to enjoy locally sourced ingredients served in deliciously prepared meals specially created for those who crave comfort food and scrumptious pies.
Brandtailers – PR
View source version at http://www.restaurantnews.com/sharis-announces-new-executive-chef-and-senior-vp-of-supply-chain-stan-frankenthaler-012319/
Papa John’s Appoints Marvin Boakye as First Chief People Officer
LOUISVILLE, Ky.–(BUSINESS WIRE)–Papa John’s International, Inc., (NASDAQ: PZZA) one of the world’s largest pizza delivery companies, announced today the appointment of Marvin Boakye as its first Chief People Officer. He will serve as a member of the Papa John’s Executive Leadership Team and report to President and CEO Steve Ritchie.
Boakye has more than 20 years of human resources experience, as well as expertise in change management and culture transformation. He has held human resources leadership roles for organizations across the United States, Canada and Latin America. Boakye joins Papa John’s after serving as vice president of human resources at petroleum company Andeavor in San Antonio, Texas, which was recently acquired by Marathon Petroleum. Prior to Andeavor, he was chief human resources officer for MTS Allstream, a telecommunications company now part of Bell Canada, and held senior human resources positions at Goodyear, Pulte Group and The Home Depot.
“Boakye’s expertise will help us to continue to push Papa John’s forward in our transformation to become a better place to work for our 120,000 corporate and franchise team members,” said Papa John’s President and CEO Steve Ritchie. “In our search for a Chief People Officer, our goal was to identify a proven talent development leader with expertise in driving organizational change. Boakye’s impressive background will be an important asset to Papa John’s growth strategy, especially as we continue to focus on our business outside of North America.”
Boakye will play a critical leadership role in implementing the company’s talent management strategy, which includes overseeing people operations; compensation and benefits; and learning and development. He replaces Senior Vice President of People Operations Bob Smith, who retired from Papa John’s in August 2018 after serving 15 years with the company.
About Papa John’s
Headquartered in Louisville, Kentucky, Papa John’s International, Inc. (NASDAQ: PZZA) is the world’s third-largest pizza delivery company. In 2018, consumers rated Papa John’s No. 1 in product and service quality among national pizza chains in the American Customer Satisfaction Index (ACSI). For 17 of the past 19 years, consumers have rated Papa John’s No. 1 in customer satisfaction among national pizza chains in the American Customer Satisfaction Index (ACSI).
For more information about the company or to order pizza online, visit Papa John’s at www.papajohns.com.
Vice President of Communications
View source version at https://www.businesswire.com/news/home/20190123005518/en/Papa-John%E2%80%99s-Appoints-Marvin-Boakye-Chief-People
Jamba Juice Rounds Out Top Executive Team With External Hires And Internal Promotion
Jan 22, 2019, 14:44 ET
ATLANTA, Jan. 22, 2019 /PRNewswire/ — FOCUS Brands announced today that the executive leadership team for its Jamba Juice brand is now complete with the hiring of Geoff Henry as the company’s President, Shivram Vaideeswaranas Chief Marketing Officer and the promotion of Jaime Denney to VP of Operations. Consistent with FOCUS Brands’ structure, Henry will report to Kat Cole, President and COO, North America, FOCUS Brands.
FOCUS Brands acquired Jamba Juice in a tender offer transaction in September of 2018, taking the company private. Since the acquisition, FOCUS Brands has built a talented Jamba Juice leadership team and accelerated key planned investments, including an integrated, elevated consumer-facing digital ecosystem and consumer-driven healthier menu innovation, as well as a refreshed brand and store design that will enhance the guest experience.
“I am thrilled to have a strong leadership team in place to advance the innovation, growth and fan love in this beloved brand,” said Kat Cole, COO and President, North America. “Leadership of our brands is critical to building guest-centered businesses,” said Steve DeSutter, CEO of FOCUS Brands. “Geoff, Shivram and Jaime are excellent additions. Their talent and industry experiences, combined with their passion for health and wellness, will be a powerful combination in fueling Jamba’s continued success.”
Geoff Henry comes to Jamba from Coca Cola, where he led lifestyle and beverage business growth in the water, tea and coffee divisions with large brands such as Honest Tea and Honest Kids, and entrepreneurial brands like Peace Tea. He previously held marketing and brand roles at Colgate-Palmolive and finance roles at JP Morgan in real estate investment banking.
Shivram Vaideeswaran was most recently CMO of Blaze Pizza following his time at Tender Greens and Taco Bell, where he held menu, innovation and marketing roles during high growth years, building lifestyle food brands in primarily franchised environments.
Jaime Denney has been promoted to VP of Operations after previous operations and leadership roles at Jamba Juice, Tropical Smoothie Café, Aramark and Starbucks. She brings over 16 years of experience in the food and beverage industry to her new role.
About Jamba Juice®
Jamba Juice is a global lifestyle brand that serves freshly blended fruit and vegetable smoothies, bowls, juices, cold-pressed shots, boosts, snacks, and meal replacements. Jamba Juice, through its subsidiaries, is the franchisor and operator of more than 800 locations worldwide. Please visit www.jambajuice.com to learn more.
About FOCUS Brands Inc.
Atlanta-based FOCUS Brands Inc. is a leading developer of global multi-channel foodservice brands. FOCUS, through its affiliate brands, is the franchisor and operator of more than 6,000 restaurants, cafes, ice cream shops and bakeries in the United States, the District of Columbia, Puerto Rico and over 50 foreign countries under the brand names Carvel®, Cinnabon®, Schlotzsky’s®, Moe’s Southwest Grill®, Auntie Anne’s®, McAlister’s Deli® and Jamba Juice®, as well as Seattle’s Best Coffee® on certain military bases and in certain international markets. Please visit www.focusbrands.com to learn more.
View source version at https://www.prnewswire.com/news-releases/jamba-juice-rounds-out-top-executive-team-with-external-hires-and-internal-promotion-300782313.html