James Walker, Subway’s Vice President of North America has resigned effective immediately. Walker issued a brief statement, but declined to comment further. Walker joined Subway in 2017 as the VP of Development and promoted to his current role in 2018.
Subway released the following statement: “James Walker resigned effective today to pursue other opportunities.”
January, 21 2019
Caribou Coffee announced John Butcher has been appointed President & CEO. Butcher has served as President of Caribou Coffee since joining the company in June of 2017.
“Since John joined our company, we’ve witnessed an increased focus on Caribou’s people and culture, resulting in quarter after-quarter performance gains and the highest guest satisfaction ratings we’ve ever seen at Caribou,” says Mike Tattersfield, Chairman, Coffee & Bagel Brands.
“I am humbled and honored to lead such an iconic Midwestern brand,” says Butcher. “Every day at Caribou we have the opportunity to help people start their morning with an amazing, locally roasted cup of coffee and a great interaction. It’s a moment that can make a person’s day and I think that’s truly rewarding.”
Before coming to Caribou Coffee in 2017, Butcher spent 20 years at Minneapolis-based Target and held a variety of Merchandising and Marketing leadership roles including Senior Vice President of Merchandising, Beauty and Dermstore, Senior Vice President of Merchandising Category Roles and Senior Vice President of Merchandising at Target Canada Co. Butcher graduated from Indiana University’s Kelley School of Business.
Butcher replaces Sarah Spiegel as President & CEO of Caribou Coffee.
SAN DIEGO–(BUSINESS WIRE)–Restaurant industry veteran Tim Casey has been named president and CEO of Rego Restaurant Group – the fast-casual restaurant platform backed by High Bluff Capital Partners that includes Quiznos and Taco Del Mar – as it eyes additional brand acquisition opportunities. He succeeds Gerry Lopez, who served as CEO and chairman on behalf of High Bluff to set up its two initial investments.
“I am excited to join this excellent team, as the firm looks to continue the revitalization of Quiznos and Taco Del Mar, increase its brand portfolio and extend this innovative platform.”
With an extensive track record enhancing economic models for franchise brands, Casey previously served as president and CEO of PepperJax Grill and as president of QDOBA Mexican Grill. Earlier in his career, he was a vice president at Starbucks Coffee Company.
“As we turn to the next phase of our long-term growth strategy, we are delighted that Tim has joined to accelerate the reinvigoration of these great brands and drive further value for our franchisees through innovative offerings and dining experiences that will support and grow our franchise base,” said Anand Gowda, executive chairman of Rego Restaurant Group and managing partner of High Bluff Capital Partners. “We also continue to see considerable potential to further expand our platform through the acquisition of additional brands that will benefit from our targeted investment approach and integration strategy.”
“With significant experience transforming consumer brands, High Bluff has created an outstanding mid-market platform that’s focused on strategic acquisitions, effective integrations and enhancing franchisee economics to drive growth,” said Casey. “I am excited to join this excellent team, as the firm looks to continue the revitalization of Quiznos and Taco Del Mar, increase its brand portfolio and extend this innovative platform.”
About High Bluff Capital Partners
High Bluff Capital Partners is a San Diego-based private investment firm specializing in consumer-facing companies and brands with the potential for transformation and significant growth. The firm’s team has extensive experience investing in, managing, leading and reinvigorating consumer businesses across the restaurant, entertainment, food, beverage and retail markets. More information can be found at www.highbluffcap.com
Hannah Arnold, LAK Public Relations, Inc.
January, 3 2019
Red Robin Gourmet Burgers, Inc., (NASDAQ: RRGB), today announced the appointment of Lynn Schweinfurth as executive vice president and chief financial officer, effective January 28, 2019. As the Company previously announced, Guy Constant, Red Robin’s current executive vice president and chief financial officer, will move to lead Company and Franchise operations, development and facilities as executive vice president and chief operating officer.
Ms. Schweinfurth will be responsible for leading all financial disciplines at Red Robin including accounting, strategic and financial planning, operations analysis, treasury and investor relations, as well as overseeing the Company’s supply chain function.
“Lynn’s extensive strategic, finance and capital markets experience with recognized restaurant brands rounds out Red Robin’s leadership ranks as we continue to build a best-in-class organization to drive growth in a rapidly evolving business. We are excited to have Lynn on the Red Robin team and look forward to her contributions in achieving our long-term vision,” said Denny Marie Post, Red Robin Gourmet Burgers, Inc.’s chief executive officer. “We are also pleased that Lynn’s arrival will allow us to complete the transition of Guy Constant from CFO to COO. Guy’s focused leadership and clear operational vision will help ensure we serve the needs of Red Robin guests and build our traffic momentum.”
Ms. Schweinfurth brings to Red Robin more than 25 years of leadership experience in corporate finance, with over two decades of experience in the restaurant industry. Prior to joining the Company, Ms. Schweinfurth served as senior vice president, chief financial officer and treasurer of Fiesta Restaurant Group, Inc. where she has been since 2012. Prior to her time at Fiesta Restaurant Group, Inc., Ms. Schweinfurth held various senior finance leadership positions at global restaurant companies including Brinker International, Inc., Yum Brands, Inc. and PepsiCo, Inc. Ms. Schweinfurth earned her Bachelor of Arts in economics from the University of California at Los Angeles and a Master of Business Administration with concentrations in finance, accounting and marketing from the University of Chicago.
The Fast-Growing, Orlando-Based Eatery Continues to Grow Its Dynamic Leadership Team by Promoting Executive VP of Operations and Training Mike Sutter To COO
Orlando, FL (RestaurantNews.com) Huey Magoo’s Chicken Tenders leadership team is proud to announce its promotion of Michael Sutter from Executive Vice-President of Operations and Training to Chief Operating Officer. Sutter brings over 25 years of leadership experience in managing and directing restaurant professionals, including an 11-year career with Wingstop Restaurants as the Director of Training and on to their VP of Training overseeing Wingstop’s national, international and digital training teams and their Field Alignment Managers in charge of quarterly QSCs for all 800 Wingstop locations.
“It gives me great pleasure to announce Michael’s promotion to COO,” says President and CEO Andy Howard. “Michael has made an enormous contribution to the success we’ve had at Huey Magoo’s, and he will continue to lead the company overseeing the Operations and Training areas and serving as an equity partner and board member. In addition, with Michael’s unique talents and experience, he will also be involved in the strategic planning and positioning in all areas of the company.”
Huey Magoo’s currently operates successful restaurants throughout Central Florida in Altamonte Springs, Oviedo, Winter Springs, Lake Mary, Orlando (Dr. Phillips, Millenia) and the UCF Student Union. The rapidly expanding brand also continues to commence franchise sales throughout the city, state and country, with additional new locations to open in Central Florida, Daytona Beach, South Florida, Atlanta and more yet to be announced cities in 2019.
About Huey Magoo’s
Huey Magoo’s was founded in 2004 by Matt Armstrong and Thad Hudgens, two southern boys with a passion for quality chicken and a penchant for serving others. Voted “Best Fried Chicken” and “Best of the Best Chicken Tenders”, Huey Magoo’s is rapidly expanding throughout the Southeast with multiple locations in the Greater Orlando area and coming soon to Daytona Beach, South Florida and Atlanta. Huey Magoo’s prides itself on providing fresh and tasty tenders in a clean, family-friendly environment, while showing their love for people. Huey Magoo’s delivers delicious, fresh, cooked-to-order chicken tenders, and they do it to perfection. Huey Magoo’s also gives back a portion of profits to not-for-profit organizations and community groups. Committed to building a culture of excellence in service and food quality by serving only premium hand-breaded or grilled chicken tenders dipped or “sauced” in uniquely flavorful signature sauces, Huey Magoo’s attracts a cult-like following of Millennials, families and neighboring businesses desiring quality, delicious food at reasonable prices.
Passion PR Consulting
Barry McGowan Named Chief Executive Officer of Fogo de Chão
Larry Johnson to Retire as CEO and Become Chairman of the Board; Barry McGowan Named Chief Executive Officer
DALLAS, Dec. 18, 2018 (GLOBE NEWSWIRE) — Fogo de Chão, Inc. (“Fogo” or the “Company”) today announced that Larry Johnson will retire from the role of Chief Executive Officer (CEO) on December 31, 2018, after 11 years as the Company’s CEO. Johnson will become Chairman of the Board of Directors on that day. Concurrently, Fogo’s current President, Barry McGowan, will become Chief Executive Officer and will join the Board of Directors.
Under Johnson’s leadership from 2007 through 2018, the Company achieved outstanding performance and proven global portability, growing from 11 locations in the United States and Brazil to 51 locations worldwide, and increasing revenue by a factor of two and one half times, from $132 million to more than $330 million. Johnson was also integral in leading the Company through its successful initial public offering in 2015 and subsequent “go-private” transaction earlier this year.
“Larry Johnson is an exceptional leader who has guided Fogo through extraordinary growth from a local Brazilian steakhouse to a world renowned restaurant brand,” said Eytan Tigay, Board Director and Managing Director and Chief Investment Officer of Rhône Capital, whose affiliated funds acquired Fogo in 2018. “In that time, he also developed the foundation for long-term success, building an enduring brand and an outstanding leadership team that is poised to continue delivering superior performance. On behalf of the Board of Directors and everyone at Fogo, we want to thank Larry for his leadership and look forward to his continued contributions as Chairman.”
Johnson commented: “It has been my privilege and honor to be a part of the Fogo family for the past 11 years. The time is right to pass the reins to Barry to continue to execute our shared strategic vision for this tremendous brand. Barry’s vast operating experience and deep understanding of Fogo and its people make him the ideal choice to lead Fogo into its next phase of growth.”
“I am very pleased and honored to assume this new role,” said McGowan. “Fogo is a unique company unlike any other in the restaurant industry, and it has been my distinct pleasure these past five years to work alongside a high-performing team of people who care about delivering an authentic, Brazilian churrasco experience that makes Fogo what it is. I thank Larry for his leadership and our collaboration, and I am confident that we are going to build upon our existing accomplishments to further elevate this iconic brand.”
About Fogo de Chão
Fogo de Chão (fogo-dee-shown) is a leading Brazilian steakhouse, or churrascaria, specializing in the centuries-old Southern Brazilian cooking technique of churrasco – the art of roasting high-quality cuts of meats over open flame, all of which are carved tableside by Brazilian-trained gaucho chefs. Founded in Southern Brazil in 1979, there are currently 51 locations throughout Brazil, the United States, Mexico, and the Middle East.
Fogo’s distinctive and authentic Brazilian dining experience begins with the seasonal Market Table and Feijoada Bar, which includes seasonal salads, soup, fresh vegetables, imported charcuterie and more. The restaurant features a variety of simply seasoned meats that are fire-roasted by gaucho chefs, plus seafood, desserts, signature cocktails and an award-winning wine list. In addition to the full churrasco experience, Fogo offers its guests multiple ways to enjoy the experience at varying price points, including weekday lunch starting at $15, weekend Brazilian Brunch and a Bar Fogo menu that features smaller, sharable plates, Brazilian-inspired cocktails and happy hour.
For an inside look into the history and heritage of the gaucho culture, visit Fogo.com, Facebook, Twitter and Instagram.
ICR for Fogo de Chão
Denver, CO (RestaurantNews.com) CraftWorks Holdings, a restaurant conglomerate with 390 locations across 40 states, has hired Josh Kern as Chief Experience Officer (CXO). In this position, Kern will be responsible for customer-centric strategies to help the brands deliver exceptional customer experience, including oversight for the brands’ strategy, marketing, brewery, culinary and digital efforts. Kern will report to Chief Executive Officer Hazem Ouf.
Prior to joining CraftWorks Holdings, Kern served as Chief Marketing Officer for Cerca Trova Restaurant Concepts, the nation’s largest franchisees of Outback Steakhouse.
As CXO for CraftWorks Holdings, he will oversee and unify superior guest service standards, customer insight and engagement for CraftWorks’ portfolio of brands, including Logan’s Roadhouse, Rock Bottom Restaurants Inc. and Gordon Biersch Brewery Restaurant Group Inc.
“Josh is a seasoned executive who creatively transforms information and data into breakthrough ideas that will strengthen growth across CraftWorks’ network of casual dining and brewery concepts,” said Hazem Ouf, Chairman and CEO of CraftWorks Holdings. “At CraftWorks, our commitment to innovation and quality is a priority across all of our brands. Josh is exactly the right leader to showcase that commitment and build our marketing efforts nationally. We’re pleased to welcome him to our executive team.”
Kern brings more than 20 years of local, regional and national experience to his new role. His former positions have included the VP of marketing for Quiznos, Chief Marketing Officer for American Blue Holdings and Chief Marketing Officer for Consumer Capital Partners, the parent of Smashburger with more than 380 restaurant locations in 35 states and seven countries.
“I have admired the collection of CraftWorks brands both as a consumer and a marketer over the years,” said Kern. “I’m excited to join CraftWorks Holdings during this pivotal time and to work with the leadership team to help reignite the brands and increase relevance with consumers.”
For more information about CraftWorks Holdings, visit www.CraftWorksrestaurants.com.
About CraftWorks Holdings
CraftWorks Holdings is the nation’s leading and premier operator and franchisor of full-service dining restaurants, spanning a national footprint of over 390 restaurants and breweries in 40 states and the District of Columbia. The company’s diverse portfolio of restaurants brands includes Logan’s Roadhouse, Old Chicago Pizza & Taproom, and a collection of restaurants-brewery brands, including Rock Bottom Restaurants & Breweries and Gordon Biersch Brewery Restaurants. CraftWorks Holdings also operates a collection of specialty restaurant concepts including Chophouse, Big River Grill, BlueWater Grille, AIA Ale Works, Ragtime Tavern & Seafood Grill, Seven Bridges Grill & Brewery and Sing-Sing, a dueling pianos concept.
December, 17 2018
Fiesta Restaurant Group, Inc. (NASDAQ: FRGI), parent company of the Pollo Tropical and Taco Cabana fast casual restaurant brands, announced the appointment of Louis DiPietro as the Company’s Senior Vice President, General Counsel and Corporate Secretary, effective December 17, 2018, replacing Maria Mayer, who has left the Company.
Fiesta President and Chief Executive Officer Richard Stockinger said, “The leadership team and I are delighted to have Lou join Fiesta. His background, experience and accomplishments, especially as the former Senior Vice President and General Counsel at Panera Bread Company, will be extremely valuable as we continue to implement our strategic growth plans. Lou has over a decade of relevant industry experience that I am confident will serve the company well as we set course for future growth and build long term shareholder value.”
Mr. DiPietro brings with him 22 years of experience and expertise in the areas of Corporate Governance, SEC rules and regulations, contract negotiations, mergers, acquisitions, dispositions and restaurant refranchising. Most recently, Mr. DiPietro served as Senior Vice President, General Counsel and Corporate Secretary of Panera Bread Company (“Panera”). During Mr. DiPietro’s 12-year career at Panera, he held several roles of increasing responsibility in the legal department. Prior to joining Panera, Mr. DiPietro held a variety of legal positions including General Counsel for Mainspring Communications, a publicly traded management consulting firm, until it was acquired by IBM. Mr. DiPietro earned his B.A. and J.D. from Boston College.