.png)
7 Brew Appoints Nick Chavez as its First Chief Marketing Officer
Industry veteran tapped to spearhead brand, drive stand growth, amplify social media presence, and expand loyalty program
7 Brew has appointed industry veteran Nick Chavez as its Chief Marketing Officer.
FAYETTEVILLE, Ark.--(BUSINESS WIRE)--7 Brew, the drive-thru beverage concept reimagining the industry with its speed of service, premium-quality drinks, and high-energy hospitality, today announced the appointment of Nick Chavez as its first Chief Marketing Officer. A high-impact brand leader with a proven track record in cultivating strong consumer relationships and delivering measurable results for major consumer-facing companies, Chavez will play a key role in elevating 7 Brew’s brand presence. He will lead efforts to position 7 Brew as a cultural phenomenon, supporting the launch of new stands nationwide, increasing customer visits, and growing the company’s loyalty program to build a dedicated and passionate fan base.
“Nick is an accomplished marketer with a proven track record of guiding brands through transformative growth. His exceptional experience and results-driven approach make him an ideal addition to the 7 Brew team,” said Chris Dawson, President of 7 Brew. “As 7 Brew embarks on its next phase of expansion, Nick’s expertise in driving sales, engaging younger consumers, and executing impactful brand strategies will be invaluable to our continued success.”
Chavez brings over 25 years of experience in consumer and integrated marketing communications across the restaurant, electronics, and digital media industries, with a proven track record of driving growth and innovation. Most recently, as Chief Marketing Officer at KFC US, Chavez successfully attracted younger, more diverse audiences to the brand, drove e-commerce growth, and launched the KFC Rewards loyalty program. In nearly 12 years at Nintendo of America, Chavez played a key role in the team that propelled the Wii, Nintendo 3DS, and Nintendo Switch gaming systems to global success, and launched hundreds of Nintendo-published video games. Prior to Nintendo, Chavez held various marketing roles at Yahoo! for over a decade.
“7 Brew is at an exciting point in its growth, and I’m thrilled to be joining the team,” said Chavez. “My experience in the restaurant industry has been incredibly rewarding, and I’m excited to bring that energy into the beverage space. I look forward to collaborating with the leadership team to accelerate 7 Brew’s stand growth, expand the loyalty program, and further elevate this unique brand as it continues to make a significant cultural impact.”
7 Brew is gaining momentum as it expands across the U.S., with a mission to transform the drive-thru beverage experience by cultivating kindness and joy in every drink through its service, speed, quality, energy, and atmosphere – creating a cultural movement. As Chief Marketing Officer, Chavez strengthens 7 Brew’s leadership team, bringing invaluable expertise in marketing and customer engagement – critical for driving the company’s continued growth and success.
Follow 7 Brew on Instagram, Facebook, X (Twitter) and TikTok to keep up with the latest local news, brews and offers.
About 7 Brew
7 Brew is a rapidly growing beverage concept that is revolutionizing how customers experience drive-thru service by igniting positivity into their any-time energy boost. 7 Brew serves espresso-based coffee, chillers, teas, infused energy, sodas, and more, all with an extra boost of kindness from its Brew Crew. The dream of 7 Brew came alive with the first “stand” in Rogers, AR, and its seven original coffees. Now, 7 Brew boasts more than 300 stands across the country, with plenty of room to grow. In recent years, the brand has been recognized as “Breakout Brand of the Year” by QSR Magazine, and ranked as the fastest-growing chain in the U.S. by Datassential. For more information, visit www.7brew.com and follow 7 Brew on Instagram (@7brewcoffee), TikTok (@7brewcoffee), Facebook (facebook.com/7brewcoffee) and X (Twitter) (@7BrewCoffee).
View source version at 7 Brew
Darden Restaurants Announces New Board Member
Dec 09, 2024, 16:05 ET
ORLANDO, Fla., Dec. 9, 2024 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE: DRI) today announced the Board of Directors has appointed Daryl Kenningham as its newest member, effective immediately. With his appointment, the Company increased the size of the Board from nine to 10 members.
"My fellow Board members and I are delighted to welcome Daryl to the Board," said Cynthia Jamison, Chair of the Board of Directors. "His extensive experience with multi-unit operations, as well as his current role leading a large, dispersed organization will be tremendous assets to our Board."
Commenting on his appointment, Kenningham said, "Darden, with its impressive portfolio of brands, is an accomplished, well-respected company throughout the industry. I look forward to serving on this Board and working closely with my fellow members and Darden's leadership team to ensure the company remains the leader in full-service dining while continuing to deliver value for shareholders."
Kenningham, age 60, has served as President and Chief Executive Officer of Group 1 Automotive, a leading automotive retailer with operations in the United States and United Kingdom, since January 2023. Previously, he served as the Company's Chief Operating Officer. Prior to that, he served as President of U.S. Operations. Additionally, Kenningham serves on the Board of Directors of Group 1 Automotive and on the Board of Directors for the Greater Houston Partnership.
About Darden Restaurants
Darden is a restaurant company featuring a portfolio of differentiated brands that include Olive Garden, LongHorn Steakhouse, Yard House, Ruth's Chris Steak House, Cheddar's Scratch Kitchen, The Capital Grille, Chuy's, Seasons 52, Eddie V's and Bahama Breeze. For more information, please visit www.darden.com.
View source version at Darden
MGM RESORTS PROMOTES ARI KASTRATI TO CHIEF CONTENT, HOSPITALITY AND DEVELOPMENT OFFICER
Dec 05, 2024, 14:00 ET
LAS VEGAS, Dec. 5, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced the promotion of Ari Kastrati to Chief Content, Hospitality and Development Officer, effective immediately. In his new role, Kastrati will oversee the Company's global design and development efforts and sports and entertainment partnerships. He also will continue to drive the Company's hospitality strategy, including the development of food and beverage and nightlife concepts, and lead the Company's lifestyle, retail, leasing, and arts divisions. He will report to MGM Resorts CEO & President Bill Hornbuckle and serve on the Company's Executive Committee.
"Ari has long played an integral role in making MGM Resorts the world's premier gaming entertainment Company," said Hornbuckle. "He has a keen sense of what consumers want, and what is cutting edge in global luxury and entertainment. His expertise will be essential as our Company continues to develop marquee experiences in Las Vegas and beyond and create unparalleled resorts with world-class design in some of the world's pre-eminent gaming markets."
Kastrati joined MGM Resorts in 2010 and most recently served as Chief Hospitality Officer, where he oversaw the Company's Hospitality Center of Excellence, and has been instrumental in developing a leading portfolio of dining and nightlife destinations. Kastrati worked at several premium hospitality companies before joining MGM Resorts and has more than 25 years of experience in the industry.
"MGM Resorts is continuing to extend into some of the world's most exciting luxury destinations, and I am thrilled to play a bigger role in our growth," said Kastrati. "It's an honor to not just grow within the Company but serve in an expanded leadership role, and I look forward to helping the company redefine the gaming entertainment experience for our guests, in Las Vegas and globally."
ABOUT MGM RESORTS INTERNATIONAL
MGM Resorts International (NYSE: MGM) is an S&P 500® global gaming and entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands. The MGM Resorts portfolio encompasses 31 unique hotel and gaming destinations globally, including some of the most recognizable resort brands in the industry. The Company's 50/50 venture, BetMGM, LLC, offers U.S. sports betting and online gaming through market-leading brands, including BetMGM and partypoker, and the Company's subsidiary, LeoVegas AB, offers sports betting and online gaming through market-leading brands in several jurisdictions throughout Europe. The Company is currently pursuing targeted expansion in Asia through the integrated resort opportunity in Japan. Through its "Focused on What Matters: Embracing Humanity and Protecting the Planet" philosophy, MGM Resorts commits to creating a more sustainable future, while striving to make a bigger difference in the lives of its employees, guests, and in the communities where it operates. The global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE® Magazine's World's Most Admired Companies®. For more information, please visit us at www.mgmresorts.com. Please also connect with us @MGMResortsIntl on Twitter as well as Facebook and Instagram.
View source version at MGM Resorts
Brinker International Appoints Mike Wesley as Vice President of Marketing for Maggiano’s Little Italy
December 4, 2024
Bringing nearly 15 years of industry experience, Wesley is the latest addition to Maggiano’s growing leadership team as the Italian American favorite continues to evolve its offerings
Dallas, TX (RestaurantNews.com) Brinker International has announced the appointment of Mike Wesley as Vice President of Marketing for Maggiano’s Little Italy. In this role, Wesley will be instrumental in further amplifying and building the Maggiano’s brand as it enters its next era of classic Italian American dining, driving key marketing and promotional strategies. Wesley’s passion and guidance will be pivotal in the evolution of Maggiano’s culinary offerings and dining standards, which has been in motion since the appointment of Dominique Bertolone as Maggiano’s Little Italy’s President last year and more recently, the addition of Chef Anthony Amoroso, VP of Innovation and Growth.
“We couldn’t be more pleased to welcome Mike to Maggiano’s and know his experience will provide valuable insights to guide the brand toward new heights of growth and success as we craft this next chapter of the Maggiano’s story,” said Dominique Bertolone, President, Maggiano’s Little Italy, and SVP, Brinker International. “We are certain that his visionary leadership style combined with his experience in driving brand relevance will enable us to elevate our marketing strategy in the months and years to come.”
Wesley joins Maggiano’s after a 14-year tenure at Yum! Brands, where he most recently served as VP of Brand Marketing, KFC U.S., strategizing key initiatives across the national calendar, including notable menu and brand innovations. Before Wesley transitioned into the food service industry, he held brand positions at Procter & Gamble in the North America Oral Health and Global Home Care categories, where he led strategies to enhance brand awareness, loyalty, and market share.
“This is an exciting time at Maggiano’s, and I am looking forward to working with the team to continue building upon the great progress they have made, while finding new opportunities to celebrate this iconic Italian American brand,” said Wesley. “I have had a lifelong passion for hospitality, having grown up in the restaurant industry working alongside my father. My experience at KFC allowed me to partner with various disciplines in service of creating great products and experiences for our restaurants. This next phase of my career certainly builds upon that passion, and I look forward to opportunity to work with all of the amazing Maggiano’s Team Members.”
To learn more about Maggiano’s, please visit Maggianos.com, and follow along on social @MaggianosLittleItaly.
About Brinker
Brinker International, Inc. is one of the world’s leading casual dining restaurant companies and home of Chili’s® Grill & Bar, Maggiano’s Little Italy® and a virtual brand: It’s Just Wings®. Founded in 1975 in Dallas, Texas, we’ve ventured far from home, but stayed true to our roots. Brinker owns, operates or franchises more than 1,600 restaurants in 30 countries and two U.S. territories. Our passion is making people feel special, and we hope you feel that passion each time you visit one of our restaurants or invite us into your home through takeout or delivery. Learn more about Brinker and its brands at Brinker.com.
About Maggiano’s Little Italy
Maggiano’s Little Italy specializes in Italian-American cuisine served in a warm and friendly atmosphere. Maggiano’s menu features both classic and contemporary recipes – authentic pastas, signature salads, steaks, fresh seafood, regular chef specials and specialty desserts. Maggiano’s 52 restaurants nationwide offer lunch and dinner as well as delivery, carryout services, and banquet spaces for special occasions. Follow news about Maggiano’s on Facebook, Twitter, Instagram, YouTube and Pinterest. For additional information, including the restaurant nearest you, please visit Maggianos.com.
View source version at Brinker
DUFFY'S SPORTS GRILL PROMOTES JOE WEBB TO CHIEF EXECUTIVE OFFICER
LAKE WORTH, Fla., Dec. 3, 2024 /PRNewswire/ -- The Florida-based, family-owned restaurant group, Duffy's Sports Grill, is excited to announce the promotion of Joe Webb to Chief Executive Officer. Having served as President for the past five years, Joe has played a pivotal role in the brand's continued success and commitment to excellence.
"I am truly honored to be at the be part of a restaurant group that respects and equally honors its customers and employees. I appreciate the continued support of our board and ownership group and am honored to be named CEO of Duffy's Sports Grill. I am very excited about the future and look forward to our continued growth and maintaining our commitment to excellence that began four decades ago," said Joe Webb.
Since joining the Duffy Sports Grill's team, Joe has demonstrated exceptional leadership and vision, fostering an inclusive environment that resonates with both its team members and guests alike. Under his guidance, Duffy's Sports Grill has continued to thrive as a cornerstone of community engagement, providing a welcoming atmosphere for friends and families to gather, celebrate, and enjoy great food and sports.
"We are extremely proud of our legacy and being part of the fabric of our Florida communities," said Geri Emmett, part of the Company's ownership group along with the Morrison family. "With Joe at the helm, we are confident that Duffy's Sports Grill will continue to be a leader in food, beverage and sports entertainment as well as a place where memories are made."
Duffy's Sports Grill has built its reputation on a foundation of top-quality food, service, and community involvement. As they move into this exciting new chapter under Joe Webb's leadership, they remain dedicated to its mission, vison and values of providing an exceptional dining experience while supporting the communities it serves.
ABOUT DUFFY'S SPORTS GRILL
Duffy's Sports Grill is based in Palm Beach County, Florida, and operates 30 full-service, casual-dining restaurants throughout Florida. The company has become a regional market leader known for top-quality casual dining, emphasizing fresh ingredients and grilled items in a distinctive sports atmosphere. For more information on Duffy's Sports Grill, please visit www.duffysmvp.com or follow us at www.facebook.com/duffysmvp or www.instagram.com/duffysmvp.
View source version at Duffy's
ZCG-Backed Xperience Restaurant Group Names RJ Thomas President
Seasoned Leader Brings 30+ Years of Expertise in Strategic Growth, Operational Excellence, and Brand Innovation to Propel XRG’s Leading Portfolio of Casual and Fine Dining Brands
December 03, 2024 08:00 AM Eastern Standard Time
CYPRESS, Calif.--(BUSINESS WIRE)--Xperience Restaurant Group (“XRG” or the “Company”), one of the nation's leading operators of casual, polished casual, and fine dining restaurants, today announced the appointment of RJ Thomas as President.
Mr. Thomas, who joined XRG in July 2024, brings over three decades of proven leadership in the restaurant industry and is widely recognized for his ability to drive strategic growth, operational efficiency, and brand innovation. Throughout his career, Mr. Thomas has consistently delivered elevated guest experiences and enhanced business performance, positioning him as an ideal leader to guide XRG into its next phase of success.
Prior to XRG, Mr. Thomas served as President and Chief Operating Officer of Uncle Julio’s Corporation, a sponsor-backed restaurant concept, where he led operations for 45 locations, achieving sustained growth and operational excellence. Previously, during his 12 years as President and Chief Operating Officer of King’s Seafood Company, he spearheaded the launch of several new concepts, including Fish House and the reimagined Water Grill, while overseeing operations for 24 locations. Earlier in his career, Mr. Thomas advanced to Vice President, Operations at Claim Jumper Restaurants, contributing to the chain’s regional success.
“Since joining XRG, RJ has brought a strategic vision and hands-on leadership that have already improved operational performance and guest satisfaction,” said James Zenni, Founder, President, and Chief Executive Officer of ZCG. “His depth of experience and focus on innovation make him uniquely qualified to drive XRG’s continued growth, strengthen our iconic brands, and set up the Company for long-term success.”
“I’m inspired by the passionate employees at XRG and our opportunity to redefine the future of dining in the U.S.,” Mr. Thomas said. “As President, I’m thrilled to leverage my industry experience and love of hospitality to enhance our guests’ experiences, grow our national presence, and further strengthen our brands. Alongside the rest of the XRG leadership team, we will continue delivering excellence while building on the Company’s strong foundation for sustainable success.”
This leadership appointment reinforces XRG’s commitment to innovation, operational excellence, and delivering exceptional dining experiences. Under Mr. Thomas’ guidance, XRG is well-positioned to accelerate growth across its portfolio of best-in-class dining brands.
About Xperience Restaurant Group
Xperience Restaurant Group (XRG) is a leading casual and fine dining operator having iconic brands that serve unique experiences, great food, and unparalleled beverage offerings. Through its bold leadership, innovation, and brand development, XRG has transformed the U.S. Mexican dining landscape with its origination of Taco Tuesday, tableside presentations, and pioneering cocktail program. For over 65 years XRG’s brands have become synonymous with being the best-in-category with recent accolades, including Best Mexican Restaurants, Best Taco Tuesday, and Best Happy Hours in various media outlets throughout the country. XRG currently operates over 60 locations, has 4,000 team members and serves over 10 million guests annually.
XRG Concepts include Acapulco, Chevys Fresh Mex, El Torito, El Torito Grill, Las Brisas, Who Song & Larry’s, Sinigual, SOL Cocina, Solita, Rio Mambo, The RIM Scratch Craft Eats, and Cal Mex Cantina.
For more information, please visit www.xperiencerg.com.
XRG is a portfolio company of ZCG Private Equity, the private equity arm of ZCG (www.zcg.com), a leading privately held merchant bank comprised of private markets asset management, business consulting services, and technology development and solutions.
About ZCG
ZCG is a leading, privately held merchant bank comprised of three dynamic, cross-disciplinary platforms: private markets asset management, business consulting services, and technology development and solutions.
ZCG’s investors are some of the largest and most sophisticated global institutional investors including pension funds, endowments, foundations, sovereign wealth funds, central banks, and insurance companies.
For almost 30 years, ZCG Principals have invested tens of billions of dollars of capital.
ZCG has a global team comprised of approximately 400 professionals. The company is headquartered in New York, with affiliate offices located in Pune and Mumbai, India, and Riyadh, KSA. For more information on ZCG, please visit www.zcg.com.
View source version at Xperience Restaurant Group
Portillo's Appoints Tony Darden as Chief Operating Officer
Restaurant industry veteran brings three decades of operational expertise to support Portillo's national growth
CHICAGO, Dec. 2, 2024 /PRNewswire/ -- Portillo's (NASDAQ: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced the appointment of Tony Darden as Chief Operating Officer (COO). A seasoned industry leader with more than 30 years of experience with multi-unit restaurant concepts, Mr. Darden will play a pivotal role in enhancing operations as Portillo's accelerates its strategic nationwide expansion. He will begin work with the brand on December 9, 2024.
"I'm thrilled to welcome Tony as we continue to grow Portillo's with purpose," said Michael Osanloo, CEO and President. "Tony is a proven leader with an incredible ability to elevate operations while fostering innovation and building inspiring teams. His wealth of experience will be instrumental in scaling our iconic brand while maintaining the commitment to high quality and exceptional guest service that make Portillo's unique."
Mr. Darden joins Portillo's from Jack in the Box, where he served as Chief Operating Officer overseeing systemwide operations for more than 2,200 locations across 21 states. During his tenure, he led transformative initiatives, including implementing AI order-taking systems to enhance efficiency and guest experience. Throughout his career, Mr. Darden has proven his ability to drive operational excellence and develop strong teams at the restaurant level. He previously served as President of MOOYAH Burgers, and held COO positions at Taco Bueno and Sun Holdings, the fourth largest franchisee in the U.S. Additionally, Mr. Darden served as Vice President of Operations at Panera Bread.
As COO, Mr. Darden will oversee Portillo's operational strategy and execution. His core responsibility will be to execute a seamless experience for both guests and team members as the company scales its concept while staying true to its roots. Mr. Darden's commitment to innovation and operational rigor aligns with Portillo's long-term target of operating as many as 920 locations, including full-scale restaurants and alternate formats such as Portillo's Pick-Up locations, while preserving the company's signature commitment to quality and speed of service. In December, the brand will open its first-ever "Restaurant of the Future" in Grapevine, Texas with a smaller, more efficient design, plenty of seating, and elements such as kiosks and a Grab and Go area to ensure a best-in-class experience for guests, whether they prefer to dine in or take their order to go.
"I am honored to join Portillo's and be part of a brand that has built such a loyal following through its incredible food and guest experience," said Mr. Darden. "I look forward to working alongside the team to help Portillo's reach new heights."
With the addition of Mr. Darden, Portillo's continues to strategically strengthen its leadership team to support its long-term growth ambitions.
About Portillo's
In 1963, Dick Portillo invested $1,100 to open the first Portillo's hot dog stand in Villa Park, Illinois, calling it "The Dog House." Today, Portillo's has grown to more than 80 restaurants across 10 states and is beloved for its Chicago-style hot dogs, Italian beef sandwiches, char-grilled burgers, fresh salads, and famous chocolate cake. Portillo's ships food to all 50 states via Portillos.com.
View source version at Portillo's
Jack in the Box Announces Leadership Transition to Strengthen Organizational Focus
SAN DIEGO--(BUSINESS WIRE)--Jack in the Box Inc. (NASDAQ: JACK) announced today a strategic leadership restructure as Tony Darden, SVP, Chief Operating Officer, will depart from his role. Darden has been a valued member of the Jack in the Box executive team since June 2021.
“It has been an incredible privilege to work alongside such talented colleagues and franchisees at Jack in the Box the past few years,” says Darden. “I am immensely proud of what we achieved together during my time here.”
Darden’s departure is consistent with a planned restructure that includes Ryan Ostrom, currently serving as EVP, Chief Marketing & Digital Officer, assuming responsibility for Jack Operations in addition to his current function. Ostrom has been named Chief Customer & Digital Officer, effective December 6, 2024.
“We are grateful for Tony’s dedication and the many contributions he’s made to the Jack in the Box brand,” said CEO, Darin Harris. “As we look to the future, we have a greater focus on customer centricity and are confident that Ryan’s proven leadership and deep understanding of our customers will help us execute that drive.”
Ostrom has been with the company since February 2021, leading the path for the Jack in the Box and Del Taco digital transformation and modernizing how customers engage with the brands. In this new role, he will continue to drive their initiatives of building brand loyalty and driving operations excellence while fostering alignment and efficiency across teams.
“I am excited to lead this next chapter for the company as this evolution will help us create greater alignment and focus,” said Ostrom. “I am confident that we will navigate this transition seamlessly and continue to drive value for our customers.”
About Jack in the Box Inc.
Jack in the Box Inc. (NASDAQ: JACK), founded and headquartered in San Diego, California, is a restaurant company that operates and franchises Jack in the Box®, one of the nation’s largest hamburger chains with approximately 2,200 restaurants across 22 states, and Del Taco®, the second largest Mexican-American QSR chain by units in the U.S. with approximately 600 restaurants across 17 states. For more information on both brands, including franchising opportunities, visit www.jackinthebox.com and www.deltaco.com.
View source version at Jack in the Box
Subway Announces CEO Transition
CEO John Chidsey to Retire at Year End
Carrie Walsh, Subway’s President of EMEA and former Global Chief Marketing Officer, Appointed Interim CEO
Miami, Fl (RestaurantNews.com) Subway, one of the world’s largest restaurant brands, today announced that John Chidsey, Global Chief Executive Officer (CEO), will retire from the company at the end of 2024, after five years of exceptional leadership in the role. Carrie Walsh, Subway’s current President of Europe, Middle East and Africa (EMEA) and former Global Chief Marketing Officer (CMO), will assume the role of Interim CEO, while a search is conducted to identify John’s permanent successor.
“I am honored to step into the role of Interim CEO, continuing to drive key initiatives to help boost franchisee profitability and delight our guests through innovation,” said Walsh. “Through a collaboration with the Subway leadership team, employees and our valued franchisees, we will keep elevating the Subway experience and deliver fresh, quality food to more guests around the globe.”
Chidsey joined Subway in 2019 as the brand’s first CEO outside of the founding family and led a multi-year transformation of the business. Under his leadership, Subway strengthened its market position by refreshing its menu and guest experience and accelerating digital innovation. Chidsey also led Subway’s global growth strategy, with a focus on attracting well-resourced, experienced multi-unit operators and master franchisees. As a result, the brand now has over 10,000 future restaurant commitments and is on track to more than double the number of new restaurant openings in 2024, compared to 2019.
“Under John’s leadership, Subway has been transformed. His vision and passion have set a high standard that will continue to guide the brand for years to come,” said Clay Harmon, Member of the Subway Board of Directors. “Carrie is uniquely qualified to lead Subway through this transition, bringing a blend of expertise in global operations, brand innovation and digital transformation, which will bring continuity and support Subway’s next chapter.”
In her role, Walsh will continue to execute Subway’s strategic growth plans, leveraging more than two decades of experience building brands across the restaurant, retail and consumer industries, including at YUM! Brands, Pizza Hut and PepsiCo.
Walsh joined Subway in 2019 as a member of Subway’s Executive Leadership Team and played a pivotal role in elevating the brand’s U.S. and global perception and driving the company’s strategic direction. As Global Chief Marketing Officer, she helped bring thousands of new and lapsed fans back to the brand and strengthening Subway’s position as a leader in the quick service restaurant and sandwich industries. Most recently, Walsh served as President of EMEA, Subway’s second-largest region, where she oversaw operations, finance, marketing and development activity across 50 countries and territories.
“It has been a privilege to lead Subway through a period of exciting change, and I am so proud of what the team has achieved together,” said Chidsey. “I’ve worked closely with Carrie over the past five years, and I’ve witnessed firsthand her deep understanding of what it takes for a global brand to grow and evolve. Combined with her steadfast commitment to Subway and its franchisees, I’m confident Carrie is the right leader to shepherd Subway through this transition as we continue to enhance our position as a leading global restaurant brand.”
Chidsey will transition to a consulting role to ensure a seamless transition, with a particular focus on helping to guide the company’s international growth strategy and master franchisee relationships.
About Subway® Restaurants
As one of the world’s largest quick service restaurant brands, Subway serves freshly made-to-order sandwiches, wraps, salads and bowls to millions of guests, across more than 100 countries and territories in nearly 37,000 restaurants every day. Subway restaurants are owned and operated by Subway franchisees — a network that includes thousands of dedicated entrepreneurs and small business owners—who are committed to delivering the best guest experience possible in their local communities.
For more Subway News visit: newsroom.Subway.com.
View source version at Subway
Tom’s Watch Bar Announces Brooks Schaden and Shannon McNiel as Co-CEOs
Premier Sports Viewing and Entertainment Concept Taps Two Co-Founders to Lead Next Phase of Growth
November 25, 2024 09:00 ET
DENVER, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Tom's Watch Bar, the rapidly expanding premier venue for sports viewing and entertainment, has announced the appointment of Brooks Schaden and Shannon McNiel as Co-CEOs. Mr. Schaden and Mr. McNiel are both co-founders, along with fellow industry veterans Tom Ryan and Rick Schaden, both of whom remain with the company as Board members and active advisors. Rick Schaden remains Chairman of the Board.
"Brooks and Shannon have demonstrated the strength of their partnership over the past seven years, together successfully driving Tom's Watch Bar's growth to 12 – soon to be 13 – high-performing locations that bring an entirely new take on an elevated sports-viewing experience," said Rick Schaden, Chairman of Tom's Watch Bar. "Their complementary expertise and unified vision will accelerate the company's aggressive national expansion plans through 2025 and beyond."
Tom’s Watch Bar continues to transform the sports entertainment industry, taking an innovative approach to create a high-energy atmosphere with an expansive drink menu and upscale food items that replicates the excitement of being at a live stadium. Their signature 360-degree viewing environment, anchored by a central stadium screen and hundreds of HD displays, capitalizes on surging demand across traditional sports, fantasy leagues, and sports betting through state-of-the-art audiovisual technology.
Mr. Brooks Schaden and Mr. McNiel previously served as Chief Financial Officer and Chief Operating Officer, respectively, playing integral roles in the company's development since its founding in 2018.
Mr. Brooks Schaden brings decades of entrepreneurial, private equity and investment banking experience, including key roles at Merrill Lynch, ABN-AMRO, and in the development of Smashburger during its high growth phase, and was directly involved in its eventual sale to Jollibee Foods.
"As Co-CEO, I'm energized to build on our tremendous momentum, having grown from a single location to 13 thriving venues in just five years," said Mr. Brooks Schaden. "Shannon and I share a clear vision for accelerating our national expansion and growing our sports partnerships around the country. I look forward to working together to deliver the premium sports entertainment experience our markets demand."
Mr. McNiel, recognized as a people-first operator, has held decades of senior leadership positions at premier restaurant brands including Texas Roadhouse, Bubbas 33, Cheddar's Scratch Kitchen, and Darden.
"I will remain focused on scaling the operational excellence and building the culture that has driven our success and consistently earned us top guest satisfaction scores," said Mr. McNiel. "Building on our proven playbook, we'll continue setting new standards for the premier sports-viewing experience in every market we enter."
"Brooks and Shannon have been the instrumental core in building Tom's Watch Bar into the thriving brand it is today," said Tom Ryan, Co-Founder. "I'm confident their combined leadership will propel the company to even greater heights as we embark on this exciting new chapter."
Tom's Watch Bar is slated to continue its aggressive expansion throughout 2024 and 2025, including the opening of its Indianapolis location before the end of this year, as it brings its innovative sports viewing concept to new markets across the United States.
About Tom’s Watch Bar
Tom’s Watch Bar defines the ultimate sports-watching entertainment experience through its innovative “All the Sports, All the Time” concept. Featuring cutting-edge technology, premium food and beverage offerings, and an immersive atmosphere, Tom’s Watch Bar is revolutionizing how fans experience sports. Currently operating 13 locations nationwide with aggressive expansion plans, the concept has proven successful across various markets, from major sports cities to entertainment districts.
View source version at Tom's Watch Bar
Giordano’s Announces Retirement of CEO Yorgo Koutsogiorgas
Departing CMO of Portillo’s, Nick Scarpino, to Take the Helm of the Famous Stuffed Pizza Brand in December 2024
November 22, 2024 09:00 AM Eastern Standard Time
CHICAGO--(BUSINESS WIRE)--Giordano’s (the “Company”) announced today that Yorgo Koutsogiorgas, who has served as CEO since 2011, will retire from the Company, effective December 9, 2024, and will continue to serve as a member of the Company’s Board of Directors and Advisor. Nick Scarpino will be departing his role as Chief Marketing Officer of Portillo’s and join Giordano’s as the next CEO over the coming weeks.
Under Koutsogiorgas’ leadership, Giordano’s doubled in size and expanded its operations, both with company-owned as well as franchised restaurants, beyond its core market in Illinois to nine other states. He also launched the e-commerce business for Giordano’s in 2012, delivering its popular stuffed pizza to the company’s millions of loyal customers’ doorsteps throughout the United States. Koutsogiorgas also established a partnership with the Chicago Cubs and, in the past five years, expanded the collaboration to include the Chicago Bulls and Chicago Blackhawks at the United Center, where Giordano’s serves as the exclusive pizza partner.
“I am very proud of the work our team has done over the past 13 years to expand our operations, grow our revenue and successfully navigate several challenges, including the Covid-19 pandemic, while exceeding the expectations of the company’s stakeholders all along,” said Koutsogiorgas. “The company is in a great position today, poised to finish 2024 with positive customer traffic and strong sales, compared to 2023. I am thrilled to have served the company during its 50th anniversary this year and look forward to seeing the brand thrive for another 50 years.”
“We are grateful for Yorgo’s leadership in growing Giordano’s into a truly iconic pizza franchise recognized across the United States. Giordano’s would not be where it is today without him and we look forward to his continued partnership on the Giordano’s board,” said Richard Levy, Chairman of the Board of Giordano’s and CEO, CIO and Founder of global private capital firm Victory Park Capital. “We are thrilled to welcome Nick to Giordano’s. Nick brings a tremendous amount of leadership, industry and digital marketing experience and we are confident he is the right leader for Giordano’s next phase of growth.”
As a recognized industry executive, Scarpino brings 20 years of marketing expertise and 10 years of experience in the restaurant industry. Scarpino serves as Chief Marketing Officer of Portillo's, the publicly traded restaurant known for its menu of Chicago-style favorites, where he led the team behind the Portillo's online ordering platform and guided the launch of delivery at all Portillo's locations nationwide. He also oversees brand partnerships and served on the menu strategy team and real estate committee. Prior to joining Portillo's in 2015, he worked in digital advertising leadership roles at Google.
“As a life-long Chicagoan, I love Giordano’s, and I’m honored to be the next leader of this beloved brand. I look forward to working with Yorgo and the rest of the Giordano’s Board, as well as the Company’s strong management team and partners, to continue to build upon its legacy and grow the brand across new channels and markets,” said Scarpino.
ABOUT GIORDANO’S
Based in Chicago, Giordano's World Famous Deep-Dish Pizza has been serving its world-famous pizza for 50 years when founders and immigrant brothers Efren and Joseph Boglio introduced their mother's stuffed pizza recipe to Chicago in 1974. Becoming one of the originators of what is now internationally known as Chicago-style stuffed pizza, Giordano's currently operates over 60 restaurants across the country and is also available for shipping anywhere in the continental United States by visiting www.giordanos.com.
View source version at Giordano's
Craveworthy Brands Boasts Leadership Team with Appointment of First In-House General Counsel
Nov 20, 2024, 09:07 ET
John Silvestri Brings Over 25 Years of Legal Strategy, Risk Management & Governance Expertise to Multi-Brand Restaurant Platform
CHICAGO, Nov. 20, 2024 /PRNewswire/ -- Craveworthy Brands ("Craveworthy"), the innovative, multi-brand restaurant platform, has appointed its first in-house General Counsel, John Silvestri, J.D. With over 25 years of experience, Silvestri's addition to the team strengthens Craveworthy's goal to build a comprehensive legal framework that enhances operational resilience, supports partner success and drives the company's vision forward.
As General Counsel, Silvestri will oversee corporate governance, franchise compliance, M&A negotiation and risk management across Craveworthy's expanding portfolio of legacy brands and emerging concepts. His extensive expertise ensures Craveworthy is well-positioned to navigate the intricacies of corporate and franchise expansion while addressing the restaurant industry's opportunities and challenges.
"John's expertise and leadership will be a game-changer for Craveworthy as we redefine what success looks like in the restaurant and franchise industries," said Gregg Majewski, CEO and Founder of Craveworthy. "With his guidance, we're going to develop a strong, dynamic foundation for the company to hit on our immediate tactical priorities and long-term strategic business goals."
Silvestri most recently served as General Counsel for The John Buck Company, a prominent national real estate developer with life cycle investments exceeding $8 billion. Over his 20-plus years with the company, he directed legal strategy, advised executive leadership on complex matters and managed corporate governance for more than 150 subsidiaries and affiliates. He successfully negotiated high-stakes joint ventures, including a multi-country partnership in Abu Dhabi, and oversaw risk management programs. In addition to leading a team of attorneys, paralegals and law clerks, Silvestri managed external counsel across litigation, arbitration and contract negotiations.
Prior to his position at The John Buck Company, Silvestri was the Senior Attorney Editor at Thomson-West Corp. and an Associate Attorney at Marks, Marks and Kaplan, LTD. as well as Stellato & Schwartz, LTD.
"In this new role with Craveworthy, I'm truly looking forward to helping bring its bold vision for the future to life and helping lay the groundwork for its continued growth," said Silvestri. "With the right legal strategies in place, together, we'll empower our partners and stakeholders to ensure they thrive while the company leads the charge in innovation and excellence in the QSR and fast casual sectors."
Silvestri's addition to Craveworthy's leadership team follows the brand's announcement sharing that it has acquired Fresh Brothers, a California-based pizza brand with over 20 existing locations throughout the state. The Concept puts a unique spin on an all-time favorite consumer category by offering inclusive menu options that appeal to today's diverse dining preferences.
For more information about Craveworthy Brands and its concepts, please visit www.craveworthybrands.com. For more about the franchise opportunities, please visit www.craveworthybrands.com/franchising.
About Craveworthy Brands
Craveworthy Brands, the parent company of Bd's Mongolian Grill, Dirty Dough, Flat Top Grill, Fresh Brothers Pizza, Genghis Grill, Hot Chicken Takeover, Krafted Burger Bar + Tap, Lucky Cat Poke Co., Nomad Dawgs, Pastizza Pizza & Pasta, Scramblin' Ed's, Sigri Indian BBQ, Soom Soom Mediterranean, taim Mediterranean Kitchen, The Budlong Southern Chicken and Wing It On!, is dedicated to invigorating and supercharging legacy brands while nurturing and growing emerging brands. The company brings together diverse, yet complementary brands and an accomplished, veteran leadership team in the growing culinary space. In addition to building and operating leading restaurant brands, Craveworthy Brands is active in the communities it serves and creates exciting career opportunities for its team members. Bridging the distinctive individuality of its concepts with a shared culture and spirit of collaboration, the Company's goal is to create truly unique and craveworthy experiences every day, every shift and at every turn. Learn more about Craveworthy and its brands at CraveworthyBrands.com.
View source version at Craveworthy Brands
THE WENDY'S COMPANY NAMES KEN COOK CHIEF FINANCIAL OFFICER
Cook to Succeed Gunther Plosch Effective December 2
DUBLIN, Ohio, Nov. 18, 2024 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) today announced the appointment of Ken Cook as Chief Financial Officer, effective December 2, 2024. He will report to President and Chief Executive Officer Kirk Tanner and serve on the Wendy's Senior Leadership Team. Cook will succeed Gunther Plosch who has served as Chief Financial Officer since 2016 and will depart the Company at the end of the year after a transition with Cook.
Cook most recently served as Head of Financial Planning and Analysis at United Parcel Service and joins Wendy's with 20 years of experience in roles with increasing responsibility across the Finance organization. In prior roles at UPS, Cook served as Chief Financial Officer for the U.S. Domestic segment, leading the financial planning and execution for the company's largest business unit, and previously held leadership roles in Investor Relations and Treasury, along with more than three years as the CFO of South Asia.
"Driving operational performance and improving restaurant profitability are critical to our growth trajectory," said President and CEO Kirk Tanner. "Ken will play a key role across our initiatives to increase revenue and expand margins as we enter the next phase of growth in the U.S. and around the globe, helping to unlock value for our shareholders. I want to thank GP for his work to improve our system's financial foundations and processes that have created a stronger organization and positioned us to build momentum."
"I am excited for the opportunity to lead the Finance organization of Wendy's as this iconic brand embarks on an accelerated growth journey," said Ken Cook. "I look forward to working with the talented Wendy's system and franchise community to drive profitable growth for our restaurants, teams, and shareowners."
The Company will release its fourth quarter and full year 2024 results on February 13, 2025 and as previously announced, will host an Investor Day on March 5, 2025.
About Wendy's Wendy's® was founded in 1969 by Dave Thomas in Columbus, Ohio. Dave built his business on the premise, "Quality is our Recipe®," which remains the guidepost of the Wendy's system. Wendy's is best known for its made-to-order square hamburgers, using fresh, never frozen beef*, freshly-prepared salads, and other signature items like chili, baked potatoes and the Frosty® dessert. The Wendy's Company (Nasdaq: WEN) is committed to doing the right thing and making a positive difference in the lives of others. This is most visible through the Company's support of the Dave Thomas Foundation for Adoption® and its signature Wendy's Wonderful Kids® program, which seeks to find a loving, forever home for every child waiting to be adopted from the North American foster care system. Today, Wendy's and its franchisees employ hundreds of thousands of people across over 7,000 restaurants worldwide with a vision of becoming the world's most thriving and beloved restaurant brand. For details on franchising, connect with us at www.wendys.com/franchising.
View source version at Wendy's
Comments