Executive Movements - September 2025

Red Robin Gourmet Burgers, Inc. Names Humera Kassem Chief People Officer

Sep 15, 2025, 08:00 ET

ENGLEWOOD, Colo., Sept. 15, 2025 /PRNewswire/ -- Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB), a full-service restaurant chain serving an innovative selection of high-quality gourmet burgers, bottomless sides and more, in a family-friendly atmosphere, announced today the appointment of Humera Kassem as Chief People Officer, effective September 15.

In this role, Kassem will be responsible for overseeing Red Robin's organizational strategy and vision centered on the continued strengthening of Red Robin's culture and the advancement of its recently announced First Choice Plan.

"I have had the pleasure of witnessing Humera's impactful leadership, and I'm confident that her proven ability to develop high-performance teams will be invaluable as we transform the Red Robin brand for the future," said Red Robin President and CEO Dave Pace.

With a distinguished career spanning more than 30 years, Kassem has demonstrated expertise in cultivating organizational culture and driving talent development across various industries.

Most recently, Kassem served as Chief People Officer at Dave & Buster's. She is a veteran executive having held multiple senior human resource roles with iconic brands including Coca-Cola, Delta Airlines, JCPenney and Jamba Juice. She holds a Master of Organization Management degree from Dallas Baptist University and a Bachelor of Arts degree in Communications from the University of Southern California.

"I'm grateful to join an iconic brand, like Red Robin, at such a pivotal time in the industry and at the company," said Kassem. "I look forward to building upon the strong culture of hospitality and utilizing my passion and skills for developing talent throughout the system."

About Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB)
Red Robin Gourmet Burgers, Inc. (www.redrobin.com), is a casual dining restaurant chain founded in 1969 that operates through its wholly owned subsidiary, Red Robin International, Inc., and under the trade name, Red Robin Gourmet Burgers and Brews. We believe nothing brings people together like burgers and fun around our table, and no one makes moments of connection over craveable food more memorable than Red Robin. We serve a variety of burgers and mainstream favorites to Guests of all ages in a casual, playful atmosphere. In addition to our many burger offerings, Red Robin serves a wide array of salads, appetizers, entrees, desserts, signature beverages and Donatos Pizza at select locations. It's easy to enjoy Red Robin anywhere with online ordering available for to-go, delivery and catering. Sign up for the royal treatment by joining Red Robin Royalty® today and enjoy Bottomless perks and delicious rewards across nearly 500 Red Robin locations in the United States and Canada, including those operating under franchise agreements. Red Robin… YUMMM®!

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Playa Bowls Powers Growth and Further National Expansion with Refreshed Leadership Team

Sep 09, 2025, 09:00 ET

Leading Superfruit Bowl Brand Continues Rapid Growth with West Coast Plans 

BELMAR, N.J., Sept. 9, 2025 /PRNewswire/ -- Playa Bowls, the nation's leading superfruit bowl brand with more than 340 locations, is fueling franchise expansion under a fresh executive leadership team following its 2024 acquisition by Sycamore Partners. With franchise growth, guest experience and operational excellence as focal points, Playa Bowls is poised to deepen its footprint from coast to coast.

Since stepping into the CEO role earlier this year, John Cappasola has leveraged his 30 years of accomplished leadership in growing brands to drive Playa Bowls' next chapter. Cappasola has served on the Playa Bowls Board of Directors since Sycamore's acquisition and was previously CEO of Nothing Bundt Cakes, another high growth franchise brand. He also held the role of President and CEO at Del Taco, the nation's second-largest quick-service Mexican restaurant concept. In his current role at Playa Bowls, Cappasola is committed to strengthening franchise owner support, enhancing digital capabilities, and elevating the guest experience to reinforce the brand's position as a category leader.

"The Playa Bowls experience is truly unique, blending a lifestyle vibe with a menu that proves you don't have to sacrifice flavor to eat healthier," said Cappasola. "It's an inspiring opportunity to work alongside our team and franchise owners to build on that foundation and help lead this next chapter of growth, while staying true to the vision that's made Playa Bowls a category leader."

Additionally, Chief Operating Officer Julie Klinger, Chief Financial Officer Tony Reaman, and General Counsel Christine Johnson have joined the Playa Bowls leadership team.

Klinger brings over 30 years of experience in the restaurant industry, with a strong background in operations, human resources, and franchising through leadership roles at Nothing Bundt Cakes, Cheddar's Scratch Kitchen, and Chili's Bar & Grill. She remains dedicated to empowering franchise owners, improving operational efficiencies, and fostering a robust brand culture.

Reaman offers more than 20 years of financial leadership, having shaped growth strategies for Luna Grill, Corner Bakery Cafe, and McAlister's Deli, and is committed to building systems that support Playa Bowls' rapid expansion.

With over 20 years of experience in private practice and leading in-house legal teams, Johnson has represented many large restaurant chains, providing support to a number of emerging international franchise brands, including La Madeleine French Bakery & Cafe and Dickey's Barbecue Restaurants.

Co-Founder and Chief Marketing Officer Abby Taylor remains the heart of Playa Bowls, driving the brand's authentic, health-focused identity. Chief Development Officer Jayson Tipp, who joined the team two years ago, continues to lead Playa Bowls' franchise recruiting and market expansion efforts, overseeing the development of traditional and non-traditional locations across the U.S.

"We are driving growth through intentional market planning, a community of passionate and engaged operators, strong unit economics, and a brand that resonates with today's consumers," said Tipp. "This year, with 150 new franchise commitments signed, eighty-five percent of our new agreements are with existing franchisees, which is a strong testament to the confidence and commitment within our system. As we look ahead, we're focused on quality expansion in existing markets and tapping into tremendous opportunities to open shops on the West Coast."

Building on this strong foundation of market leadership, Playa Bowls is accelerating its footprint nationwide. The brand marked a major milestone earlier this year with the opening of its 300th location in Atlanta's Buckhead neighborhood. Playa Bowls has entered 12 new markets this year, with 90 total new shops expected to open by the end of 2025, including upcoming openings in New York, Massachusetts, Ohio, Texas, Maine, Arizona, Tennessee and more as western expansion becomes a major focus. Backed by a robust development pipeline of more than 400 locations and a network of experienced multi-unit, multi-brand operators, Playa Bowls is poised for sustained nationwide growth.

To learn more about Playa Bowls, visit www.playabowls.com and follow the brand at @playabowls on Instagram, TikTok, X and Facebook for the latest news.

To learn more about Playa Bowls and its franchising opportunities, visit franchise.playabowls.com/.

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Yum! Brands Announces Key Leadership Appointments to Accelerate Global Growth and Strategic Focus Under Incoming CEO Chris Turner

Sep 9, 2025 7:30 AM Eastern Daylight Time

  • Sean Tresvant named Yum! Brands’ Chief Consumer Officer and Chief Executive Officer of Taco Bell

  • Jim Dausch, Global Chief Digital and Technology Officer of Pizza Hut, named Yum! Brands’ Chief Digital and Technology Officer and President of Byte by Yum!

  • Ranjith Roy, Yum! Chief Strategy Officer and Treasurer, named Yum! Brands’ Chief Financial Officer

Chris Turner, Chief Executive Officer-Designate and Chief Financial & Franchise Officer, Yum! Brands, Inc., will step into the role of Chief Executive Officer on October 1.

LOUISVILLE, Ky.--(BUSINESS WIRE)--Yum! Brands, Inc. (NYSE: YUM) today announced strategic leadership appointments that will strengthen its enterprise capabilities and drive long-term value creation across its global portfolio.

The appointments come as Chris Turner, Chief Executive Officer-Designate and Chief Financial & Franchise Officer, Yum! Brands, Inc., prepares to step into the role of Chief Executive Officer on October 1.

Sean Tresvant has been promoted to Yum! Brands’ Chief Consumer Officer and Chief Executive Officer of Taco Bell, a role dedicated to ensuring the consumer of today and tomorrow remains at the forefront across Yum!’s iconic brands. Tresvant will continue to lead Taco Bell. With his added responsibilities, he will spearhead efforts across all brands to enhance consumer insights, drive brand relevance, and foster innovation that resonates with consumers worldwide. Since joining Yum! in January 2022 as the Global Brand Officer at Taco Bell, Tresvant's leadership has propelled the brand to new heights and driven strong business results, delivering positive same-store sales growth every quarter of his tenure. He also led transformative initiatives across marketing, innovation, and brand strategy notably driving cultural moments like the viral return of the Mexican Pizza and Taco Bell’s Consumer Day investor event and Live Mas Live for fans. Prior to joining Yum!, Tresvant served as the Chief Marketing Officer of the Jordan Brand at Nike.

“Sean is a talented and visionary business leader, and Taco Bell’s consumer-centric growth is undeniable,” said Turner. “His ability to create cultural relevance, fuel growth, and connect with consumers in meaningful ways makes him the perfect leader to ensure our iconic brands win the hearts of the future consumer.”

In addition, Jim Dausch, Global Chief Digital and Technology Officer of Pizza Hut, has been promoted to Yum! Brands’ Chief Digital and Technology Officer and President of Byte by Yum!, replacing Joe Park who is leaving Yum! to pursue an outside opportunity. Since joining Pizza Hut Global as CDTO, he’s led the brand’s technology strategy and created strong franchisee relationships. Previously, Dausch served as Executive Vice President & Chief Consumer Officer at Under Armour, where he focused on driving consumer demand and engagement across the brand’s digital channels. Prior to that, he spent more than 20 years at Marriott, where, during his tenure, he led global digital and technology, sales, brand, operations and business transformation.

“Jim is a seasoned and highly capable business leader with extensive experience in a complex, global, multi-brand franchised organization,” said Turner. “As we continue to scale Byte by Yum! and harness the power of AI, his leadership will be instrumental in elevating our digital capabilities, enabling franchisee success, and creating even more connected and personalized experiences for our consumers.”

Finally, Ranjith Roy (“Roy”) has been promoted to Yum! Brands’ Chief Financial Officer, taking over from Turner as he steps into the Chief Executive Officer role. Roy joined Yum! in 2024 as Chief Strategy Officer and Treasurer, overseeing strategy, mergers and acquisitions and treasury operations. In this role, he brought financial expertise and a strategic lens to key growth initiatives and balance sheet management. As CFO, Roy will play a pivotal role in driving Yum!’s financial planning and performance across its iconic brands. Before joining Yum!, Roy served as CFO of the ecommerce marketplace Goldbelly, where he helped scale operations and unlock new growth opportunities. He also spent more than 15 years with Goldman Sachs where he led investment banking relationships for restaurant, food and food tech businesses, building industry expertise.

“Roy brings a blend of commercial acumen, strategic insight on Yum!, and the restaurant industry to the CFO role,” said Turner. “He has a proven ability to navigate fast paced and complex environments with a sharp focus on long-term value creation.”

In addition to these promotions, Turner plans to add a Chief Scale Officer to his leadership team. Yum! Brands is beginning a search for a candidate to fill this new role, which will focus on leveraging Yum!’s scale to accelerate franchisee returns, maximize unit economics and drive restaurant profitability across the entire enterprise. This leader will oversee global functions including supply chain, franchise office, food safety and quality assurance and more, and will play an important role in scaling innovations and driving sustainable growth.

“This new structure and industry-leading talent strengthens our ability to deliver for our stakeholders and positions Yum! to grow in ways that only we can,” said Turner. “With their deep expertise and innovative thinking, alongside our already strong leadership team, I am confident we will continue to build on our momentum and shape the future of Yum! together.”

About Yum! Brands
Yum! Brands, Inc., based in Louisville, Kentucky, and its subsidiaries franchise or operate a system of over 61,000 restaurants in more than 155 countries and territories under the company’s concepts – KFC, Taco Bell, Pizza Hut and Habit Burger & Grill. The Company's KFC, Taco Bell and Pizza Hut brands are global leaders of the chicken, Mexican-inspired food and pizza categories, respectively. Habit Burger & Grill is a fast casual restaurant concept specializing in made-to-order chargrilled burgers, sandwiches and more. In 2024, Yum! was named to the Dow Jones Sustainability Index North America, Newsweek’s list of America’s Most Responsible Companies, USA Today’s America’s Climate Leaders and 3BL’s list of 100 Best Corporate Citizens. In 2025, the Company was recognized among TIME magazine’s list of Best Companies for Future Leaders. In addition, KFC, Taco Bell and Pizza Hut led Entrepreneur's Top Global Franchises 2024 list and were ranked in the first 25 of Entrepreneur’s 2025 Franchise 500, with Taco Bell securing the No. 1 spot in North America for the fifth consecutive year.

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The ONE Group Hospitality, Inc. Appoints Nicole Thaung as Chief Financial Officer

Sep 8, 2025 4:05 PM Eastern Daylight Time

Seven-Year Benihana CFO to Lead Accounting and Finance Organization

DENVER--(BUSINESS WIRE)--The ONE Group Hospitality, Inc. (“The ONE Group” or the “Company”) (Nasdaq: STKS) today announced the appointment of Nicole Thaung as Chief Financial Officer effective, September 8, 2025. Ms. Thaung will succeed Tyler Loy, who is departing the Company to pursue other opportunities.

“Nicole's extensive financial knowledge and deep understanding of our business make her the ideal leader for our finance organization," said Emanuel "Manny" Hilario, Chief Executive Officer. "Her leadership has been instrumental in the seamless integration of the Benihana acquisition. Nicole’s expertise will be invaluable as we continue realizing the $20 million in expected synergies from this transformative acquisition, which now represents over 55% of our total revenues. We remain on track to capture the full value of these synergies by the end of 2026."

Ms. Thaung has over 15 years of experience with Benihana, where she has served as CFO since August 2018. Prior to her CFO role, Ms. Thaung held progressive leadership positions at Benihana including Vice President of Finance and Controller. Before joining Benihana in 2009, she spent nearly eight years at Ernst & Young LLP, with her last role being that of Audit Manager. Ms. Thaung holds bachelor’s and master’s degrees in accounting from the University of Florida.

"We thank Tyler for his contributions over the years with The ONE Group," added Hilario. "We wish him success in his future endeavors."

About The ONE Group

The ONE Group Hospitality, Inc. (Nasdaq: STKS) is an international restaurant company that develops and operates upscale and polished casual, high-energy restaurants and lounges and provides hospitality management services for hotels, casinos and other high-end venues both in the U.S. and internationally. The ONE Group’s focus is to be the global leader in Vibe Dining, and its primary restaurant brands and operations are:

  • STK, a modern twist on the American steakhouse concept with restaurants in major metropolitan cities in the U.S., Europe and the Middle East, featuring premium steaks, seafood and specialty cocktails in an energetic upscale atmosphere.

  • Benihana, an interactive dining destination with highly skilled chefs preparing food right in front of guests and served in an energetic atmosphere alongside fresh sushi and innovative cocktails. The Company franchises Benihanas in the U.S., Caribbean, Central America, and South America.

  • Benihana Express, a small footprint casual concept showcasing the best of Benihana but without teppanyaki tables or bar.

  • Kona Grill, a polished casual, bar-centric grill concept with restaurants in the U.S., featuring American favorites, award-winning sushi, and specialty cocktails in an upscale casual atmosphere.

  • RA Sushi, a Japanese cuisine concept that offers a fun-filled, bar-forward, upbeat, and vibrant dining atmosphere with restaurants in the U.S. anchored by creative sushi, inventive drinks, and outstanding service.

  • Salt Water Social is your gateway to the seven seas, featuring an array of signature and unique fresh seafood items, complemented by the highest quality beef dishes and elegant, delicious cocktails.

  • Samurai, an interactive dining experience located in sunny Miami, FL, provides a distinctive dining experience where skilled personal chefs masterfully perform the ancient art of teppanyaki right before your eyes.

  • ONE Hospitality, The ONE Group’s food and beverage hospitality services business develops, manages and operates premier restaurants and turnkey food and beverage services within high-end hotels and casinos currently operating venues in the U.S. and Europe.

Additional information about The ONE Group can be found at www.togrp.com.

View source version at The ONE Group

Twin Hospitality Group Inc. Appoints Lexi Burns as Chief People Officer

September 8, 2025

Experiential Restaurant Franchisor Leans into Synergies with Twin Peaks Veteran Taking on Human Resources and Organizational Development Responsibilities for Sister Chain, Smokey Bones

Dallas, TX  (RestaurantNews.com) Twin Hospitality Group Inc. (“Twin Hospitality”) (Nasdaq: TWNP), the parent company of Twin Peaks and Smokey Bones, today announces the appointment of Lexi Burns as Chief People Officer, effective immediately. With over 25 years of human resources and organizational development experience, Lexi will now, in addition to Twin Peaks, assume human resources and organizational development responsibilities for sister brand, Smokey Bones.

Since joining Twin Peaks in 2010, when it operated just 13 locations, Lexi has played an integral role in its growth to 114 units, spearheading operating systems, training programs, and a new store opening curriculum. Known for her cross-functional execution with operations, rigorous training design, and practical change management that supports consistent guest experiences and unit-level results, Lexi will bring her wealth of knowledge to elevate the Smokey Bones brand.

“Lexi has helped shape our culture and our systems from the ground up,” said Kim Boerema, CEO of Twin Hospitality Group. “She connects people, training, and performance in a way that delivers results. I’m excited to see the impact she will have on both Twin Peaks and Smokey Bones in her new role and the new synergies that will emerge.”

“From establishing programs from the outset to being a part of the company going public earlier this year, it has been an incredible 15 years with the Twin Peaks brand,” said Lexi Burns, Chief People Officer of Twin Hospitality Group. “As I step into this new role, I look forward to strengthening connections across both Twin Peaks and Smokey Bones and developing systems that drive measurable results.”

For more information on Twin Hospitality Group, visit ir.TwinPeaksRestaurant.com.

About Twin Hospitality Group Inc.

Twin Hospitality Group Inc. (NASDAQ: TWNP) is a restaurant company that strategically develops and operates and franchises specialty casual dining restaurant concepts with a goal to redefine the casual dining category with its experiential driven brands, Twin Peaks and Smokey Bones. Twin Peaks, known as the ultimate sports lodge, is an award-winning restaurant and sports bar brand with 114 locations across 27 states and Mexico and is known for its made-from-scratch food, 29-degree draft beer, innovative cocktail program and sports on wall-to-wall televisions. Smokey Bones is a full-service, meat-centric restaurant brand and concept with 51 locations, across 16 states specializing in ribs and a variety of other slow-smoked, fire-grilled and seared meats, along with a full bar. For more information, please visit ir.TwinPeaksRestaurant.com.

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Portillo's Appoints Denise Lauer as Chief Marketing Officer

Veteran marketing leader brings proven expertise in driving guest engagement, sales, and modern growth strategies

September 05, 2025 16:30 ET

OAK BROOK, Ill., Sept. 05, 2025 (GLOBE NEWSWIRE) -- Portillo’s (NASDAQ: PTLO), the one-of-a-kind restaurant concept known for its menu of Chicago-style favorites, today announced the appointment of Denise Lauer as Chief Marketing Officer (CMO), effective September 22, 2025.

Lauer brings more than two decades of marketing and communications experience to Portillo’s, primarily in the foodservice and food CPG industries. Most recently, she served as Chief Marketing Officer for Marco’s Pizza, one of the nation’s fastest-growing pizza concepts with more than 1,200 locations. In this role, she led a team responsible for brand, media, digital, field marketing, customer experience, and product and channel innovation. At Marco’s Pizza, Lauer developed and executed a comprehensive growth strategy with a strong focus on brand, digital marketing, loyalty programs and local restaurant marketing.

"Denise brings an exceptional combination of strategic vision and hands-on execution, and we are thrilled to welcome her to Portillo’s,” said Michael Osanloo, Portillo’s President and CEO. “Denise’s proven track record of revitalizing customer experiences, growing sales and transactions, and building high-performing marketing teams will be instrumental as we continue to expand Portillo's reach and deepen our connection with guests across the country.”

During her tenure at Marco’s Pizza, Lauer spearheaded initiatives that helped the brand emerge as one of the top pizza chains in the highly competitive U.S. market. Her achievements included establishing a multi-year innovation pipeline that launched multiple LTOs and permanent menu additions, developing the successful “Marco’s More Menu" value platform that grew check and trip frequency, and driving a digital transformation that modernized and simplified the online ordering experience.

Lauer’s appointment underscores Portillo’s continued investment in strengthening its leadership team and ensuring the right talent is in place to accelerate sales and transaction growth while delivering unrivaled food and experiential dining that gets guests excited and keeps them coming back.

“As a fan and frequent guest at Portillo’s, I'm excited to join this incredible team and contribute to the continued growth of this beloved brand,” said Lauer. “Portillo’s has a unique position in the market with its craveable menu and passionate fanbase. I look forward to working with Portillo’s talented marketing team to enhance our digital capabilities, celebrate and connect with our guests, and grow awareness of our concept as we expand into new and developing markets.”

Growing up in a restaurant family, Lauer has a lifelong love for the food industry. Over the course of her career, Lauer has served as Chief Marketing Officer for several other brands, including Chicago-based Informed Insurance and Morton Salt. Additionally, she has held various leadership roles at PepsiCo's Quaker Foods and Snacks division and FedEx. Her work has been honored with prestigious industry awards, including multiple Cannes Lions Gold awards and recognition as an Adweek Rising Brand Star while at Morton Salt.

About Portillo’s

Portillo’s (NASDAQ: PTLO) is a one-of-a-kind brand that has grown from a small hot dog trailer in Chicago to more than 95 restaurants across 10 states. Known for its unique menu of craveable Italian beef sandwiches, Chicago-style hot dogs, char-grilled burgers, fresh salads and iconic chocolate cake, Portillo’s is beloved in both its home of Chicagoland and across new and growing markets. Portillo’s operates a company-owned model of not just restaurants – but experience-focused destinations that blend dine-in, drive-thru, takeout and delivery to serve our guests with the food they crave. And now, after six decades of success and counting, Portillo’s is on a mission to bring its iconic food and unforgettable dining experience to guests across the country.

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Sweetgreen Announces Retirement of Mitch Reback and Appointment of Jamie McConnell as Chief Financial Officer

Sep 4, 2025 4:30 PM Eastern Daylight Time

LOS ANGELES--(BUSINESS WIRE)--Sweetgreen, Inc. (NYSE: SG), the mission-driven restaurant brand connecting more people to real food, today announced the retirement of Mitch Reback, and the appointment of Jamie McConnell, as the company’s Chief Financial Officer. Reback’s retirement will be effective on September 21, 2025, and McConnell’s appointment will be effective on September 22, 2025. Reback will remain engaged with the Company in an advisory role for six months to support the transition.

Reback had served as Chief Financial Officer of Sweetgreen since 2015. He joined the company in its early stages, when it was a fast-growing regional brand with just a handful of locations. Over the past decade, Reback built the company’s financial infrastructure from the ground up, implementing critical systems, controls, and processes. He played a central role in guiding Sweetgreen through key milestones, including a successful transition to a public company. Under his leadership, Sweetgreen has established a strong financial foundation that the company believes will support sustained, long-term profitable growth.

"It has been a thrilling journey to serve as Sweetgreen's CFO for the past ten years. During that time, we grew from a small regional restaurant chain into a national brand. It is particularly gratifying to see how the brand is embraced by so many diverse communities. While we have come far, I'm confident Sweetgreen's best days remain ahead," said Reback. "I am delighted to welcome Jamie McConnell as our new CFO. Jamie brings strong financial expertise and leadership that will help guide Sweetgreen through its next chapter of growth."

“Sweetgreen is deeply grateful for Mitch’s guidance, mentorship, and embodiment of our culture over the past decade. Beyond his leadership, Mitch has been a close friend and trusted partner to me personally, and his impact on both Sweetgreen and my own journey cannot be overstated. Under his guidance, we strengthened our financial model and positioned the company for profitable growth in the years ahead,” said Jonathan Neman, Co-Founder and CEO of Sweetgreen. “I’m excited to welcome Jamie McConnell as our new CFO, as she will play a pivotal role in efficiently scaling Sweetgreen. Jamie is a dynamic financial leader with deep experience guiding complex organizations through growth and transformation. She brings invaluable expertise and will be a trusted partner in our next growth phase.”

McConnell brings more than 20 years of financial leadership experience across the restaurant, retail, and e-commerce industries. She is recognized for her strategic foresight, ability to scale high-growth brands and track record of leveraging technology to drive performance. Most recently, Jamie served as Chipotle’s Chief Accounting and Administrative Officer. Prior to Chipotle, McConnell served in a variety of senior finance & accounting roles at Aviation Capital Group, Rent-A-Center, Allergan, and Deloitte. McConnell holds a B.S. in Accounting from the University of Southern California.

“Sweetgreen’s mission to connect people with real, high quality culinary experiences has always inspired me,” said McConnell. “I’m excited to partner with the team to scale the business, drive sustainable growth, and create meaningful value for all stakeholders. Together, we will continue to innovate and build healthier communities.”

About Sweetgreen

Sweetgreen (NYSE: SG) is on a mission to build healthier communities by connecting people to real food. Since 2007, the brand has reimagined what fast food can be: fresh, flavorful, and built on real relationships with growers. Born at the farmers market, Sweetgreen’s supply chain now spans the country, still rooted in relationships with local farmers and growers. That foundation continues to guide its seasonal, chef-crafted menus across more than 260 locations nationwide, creating spaces where food, people, and purpose come together.

To learn more about Sweetgreen, its menu, and its loyalty program, visit www.Sweetgreen.com. Follow @Sweetgreen on Instagram, Facebook and X.

View source version at Sweetgreen

FAT Brands Inc. Announces Return of Andrew Wiederhorn to Chief Executive Officer

September 3, 2025

Mr. Wiederhorn will continue serving as Chairman of the Board while re-assuming day-to-day leadership as Chief Executive Officer

Los Angeles, CA  (RestaurantNews.comFAT (Fresh. Authentic. Tasty.) Brands Inc., (NASDAQ: FAT), parent company of Fatburger, Johnny Rockets, Round Table Pizza, and 15 other restaurant concepts, today announces the return of Andrew (Andy) Wiederhorn as Chief Executive Officer. Effective today, Ken Kuick will be exclusively focused on his roles as Chief Financial Officer of FAT Brands and Twin Hospitality Group Inc. (NASDAQ: TWNP), and Taylor Wiederhorn will continue to serve as Chief Development Officer.

“I am grateful to both Ken and Taylor for their time as Co-CEO’s where they were instrumental in accelerating growth across our portfolio of brands,” said Andy Wiederhorn, CEO and Chairman of FAT Brands Inc. “I am thrilled to step back into the CEO role, building on our momentum and delivering on our strategic priorities – organic expansion, targeted acquisitions, increasing our manufacturing facility’s capacity and focusing on our balance sheet – to reinforce our position as a global leader in the restaurant industry.”

For more information on FAT Brands, visit FATbrands.com.

About FAT (Fresh. Authentic. Tasty.) Brands

FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets, and develops fast casual, quick-service, casual dining, and polished casual dining concepts around the world. The Company currently owns 18 restaurant brands: Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli’s, Twin Peaks, Great American Cookies, Smokey Bones, Hot Dog on a Stick, Buffalo’s Cafe & Express, Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Native Grill & Wings, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises and owns over 2,300 units worldwide. For more information on FAT Brands, please visit FATbrands.com.

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Sweetgreen Appoints Zipporah Allen as Chief Commercial Officer

Sep 2, 2025 9:00 AM Eastern Daylight Time

Seasoned customer experience executive brings over 20 years of brand-building experience to Sweetgreen’s executive team

Zipporah Allen, Chief Commercial Officer

LOS ANGELES--(BUSINESS WIRE)--Sweetgreen, Inc. (NYSE: SG), the mission-driven restaurant brand connecting more people to real food, today announced the appointment of Zipporah ‘Zip’ Allen as the Company’s Chief Commercial Officer, effective September 2nd. Allen will play a critical role in sharpening brand positioning and menu, driving demand, and deepening overall guest engagement.

“Zipporah is a visionary leader with a rare ability to turn ideas into iconic customer experiences and lasting brand love,” said Jonathan Neman, Co-Founder and CEO of Sweetgreen. “Her bold perspective and creative drive make her the ideal partner to help shape Sweetgreen’s next chapter. We’re excited to have her on our team as we expand the reach of real food to more communities across the country.”

“I’m thrilled to join Sweetgreen’s mission of connecting people to real food. I’ve long admired the team at Sweetgreen for their commitment to sustainable sourcing, connection to local farmers and innovative approach to executing the experience through digital channels,” said Zipporah Allen, CCO of Sweetgreen. “I look forward to working alongside the leadership team to continue to grow the brand and business with more customers and communities.”

Allen brings more than two decades of executive leadership experience in restaurant and technology, with deep experience in brand building and customer engagement. Prior to joining Sweetgreen, she served as Chief Business Officer at Strava, a digital fitness subscription platform where she led the profitable growth of the business across Marketing, Partnerships, Sales, Growth Product, Customer Service, and Communications. At Strava, she drove topline and bottom line growth, including an increase in the platform’s community by 45% to over 150 million members in 190 countries.

Allen also served as the first Global Chief Digital Officer at Taco Bell, where she led the digital transformation of the brand and revolutionized all aspects of the digital ordering and pickup experience across app, web, kiosk, and delivery channels. She grew digital transactions from 3% to over 20% of sales and created a loyalty business by recruiting 12 million customers to the brand’s first loyalty program, improving profit per customer by 46%.

Prior to Taco Bell, she served as Chief Marketing Officer at Pizza Hut, where she repositioned the brand to be a delivery-first business and reversed a declining transaction trend.

About Sweetgreen:

Sweetgreen (NYSE: SG) is on a mission to build healthier communities by connecting people to real food. Sweetgreen sources the best quality ingredients from farmers and suppliers they trust to cook food from scratch that is both delicious and nourishing. Sweetgreen plants roots in each community by building a transparent supply chain, investing in local farmers and growers, and enhancing the total experience with innovative technology. Since opening its first 560-square-foot location in 2007, Sweetgreen has scaled to over 250 locations across the United States, and its vision is to lead the next generation of restaurants and lifestyle brands built on quality, community and innovation.

View source version at Sweetgreen

Twin Hospitality Group Inc. Announces New Leadership and Strategic Update for Smokey Bones

September 2, 2025

Award-Winning BBQ Chain Names Ken Brendemihl as President

Plantation, FL  (RestaurantNews.comTwin Hospitality Group Inc. (“Twin Hospitality”) (Nasdaq: TWNP), the parent company of Smokey Bones, today announces the appointment of Ken Brendemihl as President of Smokey Bones, effective immediately, and a strategic update for the brand. Brendemihl has over 25 years of restaurant leadership experience, most recently as Chief Operating Officer of Alamo Drafthouse. Prior to that, he held key leadership roles at Velvet Taco, California Pizza Kitchen, Texas Roadhouse, and On the Border.

“Smokey Bones is a beloved brand that has amassed a loyal following over the years,” said Kim Boerema, CEO of Twin Hospitality Group. “Since joining Twin Hospitality, we have launched a full spending review across both brands to eliminate inefficiencies, uncover synergies, and refocus on high-return initiatives. I have also focused on reviewing the Smokey Bones portfolio, closing underperforming units, identifying strong candidates for conversion, and supporting profitable locations that will remain Smokey Bones. Ken will step in immediately bringing his deep operational expertise and proven track record to lead Smokey Bones into its next chapter.”

“I look forward to hitting the ground running as we embark on this transitional period that will set the foundation for Smokey Bones’ long-term success,” said Ken Brendemihl, President of Smokey Bones.

Smokey Bones was acquired as a 60-unit concept by FAT Brands Inc. (Nasdaq: FAT) in 2023 and was subsequently spun off into Twin Hospitality in January 2025. Twin Hospitality has prioritized optimizing Smokey Bones’ footprint, identifying 19 restaurants for conversion into better-performing Twin Peaks lodges. Two of these conversions have already been completed and generate significantly higher average unit volumes (AUVs) of approximately $7.8 million, compared to approximately $3.5 million as Smokey Bones. A third conversion, being completed by a franchisee, is currently under construction and is expected to open later this year.

Twin Hospitality has identified 15 underperforming Smokey Bones locations, of which ten have been closed and five will be closed before the end of the fiscal third quarter. The closure of these locations, coupled with the removal of approximately $1.5 million in associated corporate overhead, is projected to materially enhance EBITDA performance.

The remaining portfolio of 26 Smokey Bones locations are generating positive cash flow and contributed approximately $3.0 million to total EBITDA on a trailing 12-month basis, with AUVs ranging from $1.3 to $7.1 million and healthy unit-level margins. Looking ahead, the company will leverage FAT Brands’ proven franchise model to begin franchising a portion of the remaining Smokey Bones locations, creating a more balanced corporate-to-franchise mix and unlocking additional growth potential for the brand.

For more information on Smokey Bones, visit SmokeyBones.com.

Twin Hospitality Group Inc.

Twin Hospitality Group Inc. is a restaurant company that strategically develops and operates specialty casual dining restaurant concepts with a goal to redefine the casual dining category with its experiential driven brands. For more information, visit ir.TwinPeaksRestaurant.com.

About Smokey Bones

The ‘Masters of Meat,’ Smokey Bones is a full-service restaurant delivering great barbecue, award-winning ribs, crave-worthy cocktails, and memorable moments. Smokey Bones serves lunch, dinner, and late night every day. Smokey Bones also has a full bar featuring a variety of bourbons and whiskeys; a selection of domestic, import, and local craft beers; and signature, handcrafted cocktails.

View source version at Twin Hospitality

Jersey Mike’s Appoints Stacy Peterson as President and Chief Operating Officer

September 2, 2025

Restaurant industry veteran to lead U.S. operations and drive strategic growth

Manasquan, NJ  (RestaurantNews.comJersey Mike’s Subs (“Jersey Mike’s” or the “Company”), a leading franchisor of fast-casual sandwich shops known for its fresh sliced and fresh grilled subs, today announced the appointment of Stacy Peterson as President and Chief Operating Officer. Peterson is a restaurant industry veteran who has led revenue-driving initiatives in various leadership roles, including at fast-growing global brands.

As President and Chief Operating Officer, Peterson will lead Jersey Mike’s U.S. operations and oversee marketing and technology, drawing on her extensive experience to drive innovation and operational excellence, accelerate digital transformation, and strengthen the Company’s leadership in the marketplace.

“As we continue to build out our strategic growth plan to support global expansion, I am proud to welcome Stacy to the Jersey Mike’s leadership team,” said Charlie Morrison, Chief Executive Officer of Jersey Mike’s. “Stacy was a key player in the growth and success of Wingstop when we partnered together there, and I look forward to bringing her expertise in digital, marketing and operations to Jersey Mike’s to accelerate our growth.”

Peterson joins Jersey Mike’s after serving as Chief Executive Officer at Jeni’s Splendid Ice Creams, where she led the company through a significant phase of growth and innovation. With a demonstrated track record in building brands, she previously spent nearly a decade at Wingstop, ultimately serving as Chief Revenue & Technology Officer after holding multiple senior roles across marketing, innovation, technology and operations. Earlier in her career, she held leadership positions at Service King Collison Repair Centers, CB Richard Ellis, FedEx Office and Blockbuster.

“Jersey Mike’s has built something truly special – a brand that connects with communities and delivers an exceptional experience that customers crave,” said Peterson. “I am honored to join the Company at such an important moment in its growth journey, and I look forward to working with the talented team to drive innovation, further strengthen our best-in-class operations, and expand our impact across the U.S. market.”

Jersey Mike’s continues to experience rapid momentum, now operating in over 3,000 locations. With its expanding footprint in both the U.S. and internationally, strong brand presence, and connection to local communities, the Company continues to strengthen its leadership position in the restaurant sector.

About Jersey Mike’s

Founded in 1956 as Mike’s Subs with one location in Point Pleasant, New Jersey, Jersey Mike’s has grown into a premier franchisor with more than 3,000 locations in the U.S. and Canada. The Company has been recognized as one of the fastest-growing fast-casual restaurant chains in America, ranking #2 on Entrepreneur’s 2025 Franchise 500 and #6 on Yelp’s 2025 List of Fastest Growing Brands. Giving back is also core to Jersey Mike’s mission, and the Company was recognized on Forbes’ inaugural Best Brands for Social Impact List in 2025. In March 2025, the Company completed its 15th Annual Month of Giving, raising a record breaking $30 million and surpassing more than $143 million given to over 200 local charities since it began the tradition in 2011, reinforcing its commitment to being a beloved brand in communities across the country. Jersey Mike’s has also been ranked as the #1 Best Sandwich Chain in America in 2025 by Eat This, Not That! For more information, please visit JerseyMikes.com.

View source version at Jersey Mike’s

SPB Hospitality Promotes Kristen Hohl to Executive Vice President of Marketing

September 2, 2025

Longtime brand leader elevated to drive marketing strategy across SPB’s diverse restaurant portfolio

Houston, TX  (RestaurantNews.comSPB Hospitality, a portfolio company of Fortress Investment Group, announced the promotion of Kristen Hohl to Executive Vice President of Marketing, a move that underscores the company’s commitment to recognizing and advancing exceptional talent from within its organization.

Hohl first joined SPB Hospitality in 2018 as a Senior Marketing Manager for Logan’s Roadhouse, and has steadily risen through the company ranks from her home base in Nashville. Over the past seven years, she has helped shape and elevate marketing strategies across SPB’s portfolio, which spans quick-service, casual-plus and fine dining concepts. Her leadership has been instrumental to driving measurable sales growth, strengthening guest connections and positioning SPB’s brands for long-term success.

“Kristen has played a key role in elevating our brands and building stronger connections with guests,” said Josh Kern, CEO of SPB Hospitality. “She brings a rare balance of creativity and data-driven strategy that has delivered measurable results across the portfolio. This promotion reflects her leadership and the impact she’s had. I’m confident she will continue to strengthen our culture and drive the growth of our brands nationwide.”

Hohl’s career trajectory within SPB reflects her talent for leadership and innovation. She was promoted to Marketing Director in 2020 and to Senior Director of Marketing in 2022. She was subsequently named Vice President of Marketing in 2023 and, in 2024, elevated to Senior Vice President of Marketing. Across these roles, she took on increasing responsibility for brand strategy, national campaigns and franchise partner support, driving gains in traffic and trial,  brand relevancy and profitability while deepening collaboration between marketing and operations – a hallmark of her leadership style.

In her new role as EVP of Marketing, Hohl will oversee the evolution and execution of marketing, culinary, and beverage strategies as well as concept development for all SPB brands – including J. Alexander’s, Stoney River Steakhouse and Grill, Amada, Village Whiskey, Krystal and Logan’s Roadhouse – ensuring alignment with the company’s long-term objectives while fostering innovation and franchisee success.

“At its core, SPB is about Serving People Better, whether that’s creating memorable experiences for our guests or supporting the incredible teams behind our brands,” said Hohl. “I’m honored to continue leading with that purpose and helping our brands grow stronger and more connected in communities across the country.”

About SPB Hospitality

SPB Hospitality operates a diverse portfolio of quick-service and full-service dining restaurants across 35 states. Its brands include Krystal, Logan’s Roadhouse, and high-end concepts like J. Alexander’s and Stoney River Steakhouse & Grill, alongside Chef Jose Garces’ Amada and Village Whiskey. Visit SPBHospitality.com to learn more.

About Fortress Investment Group LLC

Fortress Investment Group LLC is a leading, highly diversified global investment manager. Founded in 1998, Fortress manages $49 billion of assets under management as of September 30, 2024, on behalf of over 2,000 institutional clients and private investors worldwide across a range of credit and real estate, private equity and permanent capital investment strategies. To learn more, visit Fortress.com.

View source version at SPB Hospitality

Ascent Hospitality Management Promotes Natalie Hansen to Vice President of Franchise Sales

August 28, 2025

Brand continues to drive family dining franchise growth

Atlanta, GA  (RestaurantNews.comAscent Hospitality Management®, franchisor to leading family dining brands Huddle House® and Perkins American Food Co., recently announced the promotion of Natalie Hansen to Vice President of Franchise Sales. Previously serving as Senior Director of Development, Hansen has been instrumental in spearheading franchise growth across both brands since joining Ascent in April 2021, bringing 25 years of franchising experience to her role.

Hansen has closed over 125 signed deals, solidifying Perkins and Huddle House’s presence across the United States and Canada. Notable achievements include securing the largest deal in Huddle House history – a 20-unit franchise deal in Texas – and bringing Perkins Griddle and Go to the new Canadian province, Alberta.

“Natalie has played a key role in leading our traditional and non-traditional franchise development for Perkins and Huddle House. This advancement spotlights her contributions toward our growth and her dedication to developing exceptional brands that attract consumers and franchise partners,” said Peter Ortiz, Chief Development Officer for Ascent Hospitality Management. “We are incredibly proud of her accomplishments and are eager for her to explore new opportunities to expand our franchise network and strengthen our brand presence in the Family, Fast Casual, and Non-traditional dining sectors.”

Prior to Ascent Hospitality Management, Hansen served as Senior Director of Development for REGO Restaurants, parent company of Quiznos and Taco Del Mar. She supported both brands, assisting owners throughout the franchising process while also expanding locations for the company. Hansen dedicated two decades to REGO Restaurants, serving in various franchise leadership roles for the Denver-based company. She also gained experience on the franchisee side, having owned and operated a Quiznos in Greenwood Village, CO.

“I’ve been fortunate to experience franchising as a franchisor and owner-operator. My personal experience as a franchisee gave me a deep understanding from that perspective that I have been able to leverage for supporting entrepreneurs looking to build their legacies and be part of successful brands,” said Natalie Hansen, Vice President of Franchise Sales for Ascent Hospitality Management. “Since I have joined Ascent, we have revitalized our franchising program through innovative marketing strategies, lead generation campaigns, and advanced technology systems designed to support our franchise partners in building successful and lasting businesses. I’m proud of the progress we’ve made and excited about our growth trajectory.”

To learn more about Ascent Hospitality Management, including franchising opportunities, visit AscentHM.com.

About Ascent Hospitality Management®

Ascent Hospitality Management® is a notable development organization within the restaurant franchise sector. Founded in 2019, the company’s mission is to invigorate great franchise brands and provide strategic support for concepts, leading to long-term growth. Ascent Hospitality Management® is the franchisor of the Huddle House® and Perkins American Food Co. brands, operating more than 600 restaurant locations in the United States and Canada.

Guided by some of the industry’s most sought-after executives, the company is eager to continue expanding its depth and breadth of concepts.

To learn more about Ascent Hospitality Management® and its partnership opportunities, visit AscentHM.com.

View source version at Ascent Hospitality Management

Applebee’s Appoints Michelle Chin as Chief Marketing Officer and Jay Wong as Chief Operations Officer

August 26, 2025

Pasadena, CA  (RestaurantNews.comApplebee’s Neighborhood Grill + Bar is proud to announce the appointment of Michelle Chin as Chief Marketing Officer and Jerrold (Jay) Wong as Chief Operations Officer, reinforcing the brand’s commitment to bold innovation, operational excellence, and long-term growth. Michelle will begin her role on Sept. 2, and Jay officially joins Applebee’s on Sept. 15.

Today’s news builds upon recent momentum at the brand, which recently reported an increase in traffic and sales in Q2, and further supports Applebee’s key priorities of strengthening its in-house marketing capabilities, expanding menu innovation, and enhancing the overall guest experience.

“Applebee’s is an iconic brand, beloved by our guests, with one of the largest footprints of any restaurant brand,” said John Peyton, President of Applebee’s and CEO of Dine Brands. “This year, our team and franchisees have worked diligently against our key areas of focus to continually enhance the guest experience and attract the next generation of loyal Applebee’s fans – reimaging our restaurants, enhancing our menu and value offerings, and connecting with our guests in deeper, more impactful ways. With these appointments, we’re looking to accelerate that strategy, creating efficiencies and returning to growth.”

Peyton continued, “Michelle and Jay bring world-class expertise and a deep passion for the Applebee’s brand. Their leadership will elevate every aspect of the guest experience – from how we show up in culture to how we operate our restaurants.”

Michelle Chin Joins Applebee’s as Chief Marketing Officer

“Applebee’s has a unique place in American culture – welcoming, familiar, and full of heart,” said Michelle Chin. “I’m energized by the opportunity to build on that legacy by deepening guest engagement, evolving our brand presence, and driving bold, creative marketing that keeps Applebee’s top of mind and top of table.”

As Chief Marketing Officer, Chin will lead Applebee’s full marketing strategy, including national advertising, digital and social media, menu innovation, and integrated campaigns. Her work will be grounded in data and insights, with a focus on elevating the brand, strengthening emotional connections with guests, and driving traffic through bold, captivating storytelling.

Chin brings more than 20 years of experience leading marketing and brand strategy for global consumer brands including Starbucks, Godiva, and Unilever, where she built high-performing teams and delivered impactful, insight-driven campaigns.

Jay Wong Joins Applebee’s as Chief Operations Officer

“Applebee’s is one of the most iconic names in American casual dining, with a rich history built on hospitality and community,” said Jay Wong. “I’m thrilled to be joining this team, and look forward to helping us move faster, serve guests even better, and unlock new avenues for growth.”

As Chief Operations Officer, Jay will focus on driving consistency, accelerating growth, and working closely with his team and franchisees to elevate restaurant performance and deliver a seamless guest experience across the system.

Wong brings extensive leadership experience from across the hospitality industry, having scaled global teams and led transformations at world-class brands including Four Seasons, Starwood/Marriott Hotels, and Exclusive Resorts.

About Applebee’s ®

As one of the world’s largest casual dining brands, Applebee’s Neighborhood Grill + Bar serves as America’s kitchen table, offering guests a lively dining experience that combines simple, craveable American fare with classic drinks and local drafts. Applebee’s makes it easy for family and friends to connect with one another, whether it’s in a dining room or in the comfort of a living room, Eatin’ Good in the Neighborhood™ is a familiar and affordable escape from the everyday. Applebee’s restaurants are owned and operated by entrepreneurs dedicated to more than serving great food but also building up the communities that we call home. From raising money for local charities to hosting community fundraisers, Applebee’s is always Doin’ Good in the Neighborhood®. Applebee’s and its franchise operations together consisted of 1,514 Applebee’s restaurants in the United States, two U.S. territories and 15 countries outside the United States as of June 29, 2025. This number does not include 59 company-owned Applebee’s restaurants, one domestic Applebee’s ghost kitchen (small kitchens with no store-front presence, used to fill off-premise orders) and seven Applebee’s international ghost kitchens. Applebee’s is franchised by subsidiaries of Dine Brands Global Inc. [NYSE: DIN], which is one of the world’s largest full-service restaurant companies.

View source version at Applebee’s

Twin Hospitality Group Inc. Appoints Andrew Wiederhorn as Chairman of the Board

August 25, 2025

Los Angeles, CA  (RestaurantNews.comTwin Hospitality Group Inc. (“Twin Hospitality”) (Nasdaq: TWNP), the parent company of Twin Peaks and Smokey Bones, today announces the appointment of Andrew (Andy) Wiederhorn as Chairman of the Board of Directors, effective immediately.

FAT Brands Inc. (NASDAQ: FAT) served as the parent company that executed the strategic spin-out of Twin Hospitality Group earlier this year, separating its Twin Peaks and Smokey Bones restaurant brands into Twin Hospitality Group Inc. Mr. Wiederhorn, the founder of FAT Brands and Chairman of the Board since 2023, played an integral role in the spin-out transaction.

“I am honored to serve as Chairman of Twin Hospitality Group during such an exciting time in the Company’s journey,” said Andy Wiederhorn, Chairman of Twin Hospitality Group. “The leadership team is executing with discipline by streamlining operations, enhancing the guest experience, and positioning the business for sustained growth. I am eager to collaborate with our leadership team and Board of Directors to drive strong returns for our shareholders.”

For more information on Twin Hospitality Group, visit ir.TwinPeaksRestaurant.com.

Twin Hospitality Group Inc.

Twin Hospitality Group Inc. is a restaurant company that strategically develops and operates specialty casual dining restaurant concepts with a goal to redefine the casual dining category with its experiential driven brands. For more information, visit ir.TwinPeaksRestaurant.com.

View source version at Twin Hospitality

SPB Hospitality Appoints Robert J. Fargo as Senior Vice President of Development

August 14, 2025

Seasoned real estate and construction executive to oversee national development pipeline for SPB’s growing portfolio of brands

Houston, TX  (RestaurantNews.comSPB Hospitality, a portfolio company of Fortress Investment Group and a leading operator and franchisor of restaurant brands across the casual, upscale and quick-service dining segments, today announced the appointment of Robert “Bob” J. Fargo as Senior Vice President of Development.

A veteran of the restaurant, retail and entertainment industries with nearly three decades of experience, Fargo will lead all aspects of real estate, design, and construction management for SPB Hospitality’s diverse portfolio, including J. Alexander’s, Stoney River Steakhouse and Grill, Amada, Village Whiskey, Krystal and Logan’s Roadhouse. He will be responsible for managing SPB’s national development pipeline, steering multimillion-dollar projects from lease execution to grand opening, and ensuring budgets and schedules are maintained with precision.

“Bob’s track record in accelerating development timelines, optimizing budgets and delivering high-quality projects is unmatched,” said Josh Kern, CEO of SPB Hospitality. “He has been a steady, strategic force behind our growth, and his addition to the senior leadership team ensures development remains a core part of our forward-looking agenda. Bob’s expertise will be instrumental as we expand our footprint, strengthen our portfolio and continue building distinctive dining experiences that resonate with guests nationwide.”

Fargo first joined SPB Hospitality in 2023 as Vice President of Construction and Design. His prior leadership roles include Vice President of Development at Ideal Image, where he oversaw over 40 buildouts and led initiatives that reduced capital expenditures by 15%, and Chief Development Officer for Seven Restaurants, where he streamlined franchise expansion for a 60-unit Burger King portfolio in South Florida. At PDQ Restaurants, Fargo grew the brand from 18 to 56 locations across nine states, building its development department from the ground up.

“I’m honored to step into this role at such a pivotal time for SPB Hospitality,” said Fargo. “We have an extraordinary lineup of brands with unique growth opportunities, and I look forward to building spaces that reflect their character, drive operational success and deliver exceptional experiences for our guests.”

Fargo’s career also includes development leadership positions with Bob Evans, JP Morgan Chase and McDonald’s, where he consistently drove results through strategic growth planning, process improvement and cross-functional collaboration. He holds a bachelor’s degree in industrial/organizational psychology from California University and is based in Tampa, Florida.

About SPB Hospitality

SPB Hospitality operates a diverse portfolio of quick-service and full-service dining restaurants across 35 states. Its brands include Krystal, Logan’s Roadhouse, and high-end concepts like J. Alexander’s and Stoney River Steakhouse & Grill, alongside Chef Jose Garces’ Amada and Village Whiskey. Visit SPBHospitality.com to learn more, or contact Tom Petska at thomas.petska@spbhospitality.com for franchising opportunities.

About Fortress Investment Group LLC

Fortress Investment Group LLC is a leading, highly diversified global investment manager. Founded in 1998, Fortress manages $49 billion of assets under management as of September 30, 2024, on behalf of over 2,000 institutional clients and private investors worldwide across a range of credit and real estate, private equity and permanent capital investment strategies. To learn more, visit Fortress.com.

View source version at SPB Hospitality

Kevin Stockslager, EVP & Partner

Kevin Stockslager, Ph.D., is Executive Vice President and Partner at Wray Executive Search. He helps top companies recruit elite talent including C-level, Senior Vice Presidents, Vice Presidents, and Directors for both domestic and international locations. Kevin is determined to help his clients place the best possible candidate for the position in need. He has built an extensive network of contacts within the restaurant industry to generate the most effective results for his clients. He regularly attends restaurant industry conferences including the Restaurant Leadership Conference (RLC), ICR, QSR Evolution, and the Restaurant Finance and Development Conference (RFDC).

Email: kevin@wraysearch.com

Direct: 845-863-5562

https://www.wraysearch.com
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