March 10, 2010
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Your Food Franchise Personnel News SourceFranchise News Watch brings you the latest in food franchising personnel news from around the web. As a news aggregator for the food franchise industry, Franchise News Watch streams the latest ground breaking franchise articles, features, guides, blogs, news and more directly to your desktop.  Food Franchise Personnel NewsBen & Jerry's CEO and VP Global Brand Development, Walt Freese, to Resign to Pursue Other Values-Led Business and Investment OpportunitiesBen & Jerry's CEO and VP Global Brand Development, Walt Freese, has decided to resign from the company to pursue other values-led business and investment opportunities. At the company's request, Walt has agreed to continue to lead Ben & Jerry's... Ian Saunders Named President and Chief Operating Officer for T.G.I. Friday's(R) InternationalAfter an extensive search process, Nick Shepherd, president and chief executive officer of Carlson Restaurants Worldwide, named Ian Saunders as president and chief operating officer for T.G.I. Friday's International and a member of the... NYPD Pizza Corporate Director Repositions to Franchise Realm to Assist in Utah DevelopmentUtah NYPD Pizza developers Angelo Zullo and Jim Rodriquez continue to cultivate the Utah region with the expansion of NYPD Pizzeria restaurants. The plan just intensified by obtaining a former Operations Director Marc Piacenza who also happens to be a... Kathryn Taylor Elected to Sonic Corp. Board of DirectorsSonic Corp. (NASDAQ: SONC), the nation's largest chain of drive-in restaurants, today announced that Kathryn L. Taylor has been elected to its Board of Directors. Her election was announced at Sonic's annual stockholders' meeting, which was held today. McDonald's Corporation Elects Don Thompson as President and COO; Jan Fields and Jim Johannesen named to lead McDonald's USAJim Skinner, Chief Executive Officer of McDonald's Corporation, today announced that Don Thompson, currently President of McDonald USA, has been elected to the role of President and Chief Operating Officer, with oversight responsibility for the... Wingstop Announces Management Promotions, HiresIn addition to celebrating 25 consecutive quarters of positive comp store sales, opening its first international restaurant in Mexico City and becoming the Official Wings of the Dallas Cowboys, Wingstop expanded its management team in 2009 through... Stevi B's Pizza Names New ExecutivesStevi B's Pizza, the industry's only national premium pizza buffet restaurant, is proud to announce the promotions of Tim Walker to Senior Vice President of Finance, Scott Knight to Vice President of Operations and Brent Hobbs to Senior Director of Franch Alamo Drafthouse Cinemas Names New COOAlamo Drafthouse Cinemas, the nation's oldest cinema-eatery concept showing first-run films - named best movie theater in America by Entertainment Weekly - is proud to announce Craig Paschich as the company's chief operating officer, a newly created... Domino's Chairman & CEO David A. Brandon Transitioning to Non-Executive Chairman; J. Patrick Doyle to be Named CEODomino's Pizza, Inc. (NYSE: DPZ), the recognized world leader in pizza delivery announced today that Chairman and CEO David A. Brandon will be stepping down as CEO effective March 7, 2010. The Board of Directors plans to elect J. Patrick Doyle as...
Church's Chicken(R) Names New Chief Executive OfficerChurch's Chicken's board of directors has announced the appointment of Mel Deane as the company's CEO, effective immediately. For the last 10 years, Deane has worked closely with many of the companies owned by Friedman, Fleischer & Lowe (FFL)...
Brinker International Names Wyman Roberts President of Chili's Grill & Bar and On The Border Mexican Grill & CantinaBrinker International, Inc. (NYSE: EAT), has named Wyman Roberts president of Chili's(R) Grill & Bar and On The Border Mexican Grill & Cantina(R). Roberts formerly served in a dual role as president of the Maggiano's Little Italy brand and Chief.. Carlson Hotels Worldwide Appoints Michael Hutchins as Vice President of Development for Radisson Hotels & ResortsCarlson Hotels Worldwide today announced the appointment of Michael Hutchins to the position of vice president of development for Radisson Hotels & Resorts for the Eastern United States and Canada. Radisson is the flagship, full-service brand for the. Benihana Inc. Names Christopher P. Ames as Chief Operating OfficerBenihana Inc. (NASDAQ: BNHNA; BNHN), operator of the nation's largest chain of Japanese theme and sushi restaurants, announced today that Christopher P. Ames has been named Chief Operating Officer, effective immediately. Juan C. Garcia will continue as...
Andy Skehan Joins Wendy's/Arby's Group as Senior Vice President, Wendy's/Arby's InternationalWendy's/Arby's Group, Inc. (NYSE: WEN) today announced organizational changes in its international subsidiary. The announcement is part of the Company's strategic initiative to further develop the Wendy's(R) and Arby's(R) brands in markets outside of...
Extreme Brandz Names Mark Cunningham Executive Vice President of International Operations and Business DevelopmentExtreme Brandz, the franchisor and operator of more than 265 restaurants in the United States and Canada under the brand names Extreme Pita, Mucho Burrito and Pureblendz, announces the appointment of Mark Cunningham as Executive Vice President of... Famous Dave's Names Wallace B. Doolin to its Board of DirectorsFamous Dave's of America, Inc. (NASDAQ: DAVE) today announced that it had appointed Wallace (Wally) B. Doolin, former president and chief executive officer of Carlson Restaurants Worldwide (CRW) and TGI Friday's ("Friday's") and former chairman and... Rubio's(R) Restaurants, Inc. Announces Executive AppointmentRubio's Restaurants, Inc. (Nasdaq:RUBO) announced today the promotion of Marc S. Simon to the newly-created position of Chief Operating Officer, reporting to President and Chief Executive Officer Daniel E. Pittard. In his new role, Mr. Simon will... Taco Del Mar Announces New CFOTaco Del Mar Franchising Corp. appoints Rick Braa as the company's new Chief Financial Officer. Taco Del Mar, a quick service Mexican restaurant chain featuring big Baja beach-style Mondo Burritos and fish tacos, has more than 240 locations throughout... Veteran Development Executive Rob Streett Joins Mrs. Fields and TCBY as Brands Begin Aggressive Expansion PlansMrs. Fields Famous Brands, LLC, which includes Mrs. Fields Cookies and TCBY, The Country's Best Yogurt, announces aggressive expansion plans both domestically and abroad as well as the hire of Rob Streett as Senior VP Development.
Papa John's Announces Management Team PromotionsPapa John's International, Inc. (NASDAQ: PZZA) today announced three promotions from within the company on its management team: Tim North to Senior Vice President, North American Operations; Annette Calhoun, to Vice President, Human Resources... Dunn Bros Coffee Franchising, Inc. Appoints New PresidentDunn Bros Coffee Franchising, Inc., a market leader in specialty coffee, is pleased to announce the appointment of Dunn Bros Coffee Chief Financial Officer, Kim Plahn, as President and CFO. In her new role, Plahn will oversee company operations... Papa Bello Adds Two Independent Board MembersPapa Bello Enterprises, Inc. (Pink Sheets: PAPA) announced today that it has added Edd Ozard and David Pieffer to the company's board of directors. Mr. Ozard is currently President and CEO of Pacwest Solutions, a human resource outsourcing and benefits... Sonic Appoints New President of Sonic Restaurants, Inc. and Announces Other Management ChangesSonic Corp. (NASDAQ: SONC), the nation's largest chain of drive-in restaurants, today announced that Omar Janjua has joined the Company as President of its restaurant operating subsidiary, Sonic Restaurants, Inc. ("SRI"). Restaurant Industry Veteran Martin O'Dowd Named President of Hurricane Grill & WingsMartin O'Dowd, a well-known restaurant industry veteran with over 30 years of experience, has been appointed president of Hurricane AMT, LLC, the franchisor of the rapidly growing Hurricane Grill & Wings restaurants. Papa John's Hires Andrew Varga as Chief Marketing OfficerPapa John's International, Inc. (NASDAQ: PZZA) today announced the hiring of Andrew Varga as Senior Vice President and Chief Marketing Officer. Varga, a marketing veteran who joins Papa John's after 21 years with Brown-Forman Corporation...
Sonic Announces New Member to Board of DirectorsSonic Corp. (NASDAQ: SONC), the nation's largest chain of drive-in restaurants, today announced that Douglas N. Benham has been named to its Board of Directors. His election was announced following Sonic's quarterly Board of Directors meeting, which... DineEquity, Inc. Appoints Dan Brestle to Its Board of DirectorsDineEquity, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill & Bar and IHOP Restaurants, today announced the appointment of Mr. Daniel J. Brestle to the Company's Board of Directors, effective immediately. He will also serve on th
NexCen Brands Promotes David McDougall to Senior Vice President of QSR OperationsNexCen Brands, Inc. (PINK SHEETS: NEXC) today announced the promotion of David McDougall to Senior Vice President of QSR Operations for NexCen Franchise Management, Inc., the franchising subsidiary of NexCen Brands, Inc. Quiznos Names New Company PresidentQuiznos, one of the nation's premier restaurant chains for sandwiches, salads and soups, and pioneer of the toasted sandwich, today named Greg MacDonald as president of the company. MacDonald will assume his new responsibilities in July. DineEquity, Inc. Announces Appointment of Jean Birch as President of IHOP RestaurantsDineEquity, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill & Bar and IHOP Restaurants, today announced the appointment of Jean M. Birch as president of IHOP Restaurants effective June 22, 2009. As president, Birch will lead the. Papa John's Promotes Tony Thompson to Senior Vice President, PJ Food ServicePapa John's International, Inc. (NASDAQ: PZZA) today announced the promotion of Tony Thompson to Senior Vice President, to lead PJ Food Service, the company's wholly-owned food service production and distribution company. Thompson succeeds Julie... Industry Veteran David Goronkin Joins Bennigan's as President & CEODavid Goronkin, an accomplished restaurant industry leader, has joined Bennigan's Franchising Company as President & CEO, the company announced today. Mr. Goronkin, 46, is charged with revitalizing the popular concept, which has more than... Ken Myres Named Tony Roma's PresidentThe Board of Directors of Romacorp, Inc. announced that Ken Myres has been promoted to President of Romacorp effective immediately. The announcement was made by John Morgan, Chairman of Board of Romacorp. Mr. Myres was previously... Caribou Coffee Announces New Sr. Vice President of Commercial BusinessesCaribou Coffee Company, Inc. (NASDAQ:CBOU) today announced the addition of Henry J. "Hank" Suerth as Senior Vice President of Commercial Businesses. The creation of this role and hiring of Mr. Suerth support one of the company's stated strategic areas... Dunn Bros Coffee Appoints Vice President of MarketingDunn Bros Coffee Franchising, Inc., a market leader in specialty coffee franchising, is pleased to announce the appointment of Mark Christenson as Vice President of Marketing. In his new role Mark will lead marketing and brand strategy, new product... MOOYAH Burgers & Fries Hires Hixon as PresidentMOOYAH Burgers & Fries, whose motto "Just Burgers, Just Fries, Just Better", announced today the appointment of restaurant industry veteran Alan Hixon to the position of President. Leading Franchise Strategist Gary Occhiogrosso Joins Trufoods LLC As Chief Development OfficerTRUFOODS, LLC, the New York City-based parent company of Wall Street Deli, Ritter's Frozen Custard, Pudgie's Famous Chicken and Arthur Treacher's Fish & Chips, is pleased to name Gary Occhiogrosso as chief development officer as of February 23rd. Quiznos Investor to Become CEOQuiznos, one of the nation's premier quick service restaurant chains and pioneer of the toasted sandwich, today announced Dave Deno has resigned due to personal reasons. Quiznos' previous CEO Greg Brenneman will continue in his role as... DineEquity, Inc. Appoints Jack Tierney Chief Financial OfficerDineEquity, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill & Bar and IHOP Restaurants, today announced the appointment of John "Jack" F. Tierney to the position of chief financial officer, effective today. Interim chief financia
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Features & Special ReportsMulti-Tasking: What It Takes To Be A Successful Multi-Unit FranchiseeTwenty years ago, franchising meant buying the rights to and opening a single unit or business. But a changing trend has taken hold during the last two decades. Today, it's not uncommon for a single franchise operator to have 5, 6, or even dozens of units. FRANdata research notes the number of multi-unit operators now tops 34,000, and those operators control more than 155,000 franchised units in the U.S. It's a growth strategy that has proven effective but it should be approached with caution. Multi-unit operators are generally wired differently then their single-unit counterparts. Successful multi-unit operators are typically experienced, skilled, professional business executives who have chosen franchising as their business model. They possess the skills, training, capital, infrastructure, and vision to operate numerous units and have the ability to continue adding units to their portfolio--without stressing their organization or their stomach. Episode 006: The Benefits of a Franchise ModelFranchising provides benefits for both seller and buyer. For franchisors, the primary benefit is the ability to use other people's money to expand the brand more rapidly than they could either on their own or through investors or lenders. The initial franchise fee and ongoing royalties they collect allow franchisors to build their brand without sacrificing control to outsiders or the pressure of repaying lenders. Measure for Measure: Unit Economics Plays a Leading Role on Today's Economic StageThe most fundamental business strategy calls for black numbers on the bottom line. In simplest terms, it's proof the business is generating more cash than it is spending. All too often, though, entrepreneurs get involved in businesses without employing a proper system to help them keep a watchful eye on what they're earning and what they're spending. Managing day-to-day operations can be so time-consuming that it leaves little room for financial analysis. Or perhaps key individuals lack a basic understanding of how to read and interpret financial statements. Combine these factors with the down economy, and you'll likely wind up with a troubled business. Service Based Franchising: Where the Action IsLast week we ended our discussion of service concepts with the point that many of these businesses are based on customers making the choice to trade money (surplus) for time (deficit). The example we used was maid services, where time-starved customers spend money to buy time they can spend with their family and friends. Other examples of businesses built on services that customers could perform themselves but choose to pay someone else for include lawn and landscaping services, residential painting, oil change, and installation of home entertainment systems. Seven Steps to Fiscal Fitness: A "Fiscal Physical" Will Help Your Business Survive, Grow, and ProsperIn the few minutes it takes you to read this article, 40 businesses across the nation will fail--and that statistic was [i]before[/i] the economic downturn of the last 24 months. Tragic? Yes. Remarkable? Not at all. The road to business success is littered with the skeletons of companies whose owners--mostly brilliant and skilled individuals--failed to "take care of business" in the financial management of their enterprise. Service Based Franchising: What Franchisors WantWhen you first consider franchising as a business model, one of the choices that arises is which type of business, in which sector, suits you best. One basic choice is to make is goods or service; another is retail or home-based. In previous months, we've explored ways to find the sector, and the franchisor, most likely to give you the best chance of success. More recently, in the previous four weeks, we've discussed the attributes franchisors look for in franchise candidates in the retail sector and in the home-based sector. Here we apply the same lens to the services sector. Let's begin with the similarities. All franchisors want candidates who follow the system, pay royalties on time, possess marketing skills and savvy, know how to run a business, show leadership and growth potential, are good communicators, and are expansion-minded, community-oriented, and willing to give back to the system. Franchisors look for these skills whether you choose a service, retail, B2B, or other concept. Margaritas Mix: Franchise Veterans get on Board for Franchise LaunchThe south-of-the-border spirit of great Mexican food and authentic art could soon spread throughout New England and beyond, thanks to a new franchising and area development agreement rolled out by Margaritas Mexican Restaurant. The Winner's ColumnAs savvy franchise companies continue to flourish in this challenging economy, FUSR will bring you good news each month, highlighting brands that are adding units, increasing comp store sales, striking deals with investors, and continuing to grow despite the economy - maybe even because of it. And, as the U.S. struggles through its "jobless recovery," growth-oriented franchisors continue to look overseas for expansion opportunities. How To Work Franchise Trade Shows, Part 3: Quick Tips For Greater Success - And What To Do After The ShowThis last installment of a three-part series provides quick tips for greater success at the show, and the final ingredient for making the most of your trade show spend: what to do after you get back to the office to increase your franchise sales. Franchisors: Spread the Word on Tax CreditsThere are three essential areas of focus in a successful business: operations, sales, and financials. For the purpose of this discussion, let's assume you have a well-run operation and are doing as good a job as possible to maintain or increase sales. For most businesses, the easiest and most fun parts of the business are running it and having lots of happy and repeat customers.
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