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Minneapolis — Alissa Partee, chief people officer (CPO) at Restaurant Technologies, has transitioned into a new role as the company’s chief operations officer (COO). In her previous role, Partee led the human resources team at Restaurant Technologies and joined the company as CPO in 2020. During her tenure, the company grew from 1,000 employees to over 1,500 nationwide. In addition to her role as CPO over the last year, Partee led the implementation of a new 9-person operations excellence team — a team that she will continue to lead in …

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Houston — On the heels of its franchise program launch in October, Taco Cabana is readying to open its second TC 3.0 restaurant prototype in Houston before year’s end. The sleek new footprint boasts a streamlined, franchise-ready design that combines modern functionality with Taco Cabana’s rich heritage to fuel the brand’s new growth-focused era. Crafted with franchising in mind, the TC 3.0 prototype is purpose-built for efficiency and adaptability, featuring: • A condensed footprint that lowers initial investment for franchise partners. TC 3.0’s 2,500-square-foot model reduces the brand’s previous footprint …

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Menomonee Falls, Wis. — Kohl’s Corporation has announced that CEO Tom Kingsbury plans to step down on Jan. 15, 2025. He will stay on in an advisory role to the new CEO and retain his position on Kohl’s board of directors  through his retirement in May 2025. The board has appointed retail veteran Ashley Buchanan as CEO, effective Jan. 15. Buchanan has been CEO of Michaels Companies since 2020 and, prior to that, has held a variety of senior executive roles at Walmart and Sam’s Club during his 13 years …

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Miami — Subway has announced that John Chidsey, global chief executive officer (CEO), will retire from the company at the end of 2024, after 5 years of 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 Iinterim CEO, while a search is conducted to identify Chidsey’s permanent successor. 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. …

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Dallas — Smoothie King, the world’s largest smoothie brand and the first health and fitness fast-casual brand of its kind, has appointed Jyoti Lynch as its new chief information officer (CIO). Lynch started in late October, and in this role, she leads the brand’s technology strategy, ensuring that innovation continues to enhance Smoothie King’s digital transformation and guest experience. Lynch brings more than 25 years of experience as a proven technology expert with a successful track record in building and transforming well-known restaurant, retail and technology brands; growing company revenue, …

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Mt. Prospect, Ill. — Crane Payment Innovations (CPI), a Crane NXT, Co. company and a global leader in payment technology, has opened its first depot service center where customers can send their CPI components and Cummins Allison products to be serviced. “This is a significant milestone to be able to offer our customers the flexibility and versatility they want in a service provider,” says Chase Andrews, CPI’s vice president and general manager of service. “I can’t emphasize enough how proud I am of this team and all their hard work …

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Irving, Texas — The Michaels Companies, Inc. has announced that Ashley Buchanan is stepping down from his role as chief executive officer and member of the board of directors, effective Jan. 15, 2025. The board of directors has already initiated a CEO search with leading executive search firm, Spencer Stuart. “On behalf of the board and Michaels team members, I want to thank Ashley for his valuable contributions since he joined the company in 2020,” says Andrew Jhawar, chairman of the board. “Ashley has led Michaels through significant transformation, delivering …

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Denver — Tom’s Watch Bar, a rapidly expanding premier venue for sports viewing and entertainment, has appointed Brooks Schaden and Shannon McNiel as co-CEOs. Schaden and 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 7 years, together successfully driving Tom’s Watch Bar’s growth to 12 — soon to be 13 — …

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San Francisco — Brilliant Earth Group, Inc., an innovative, global leader in ethically sourced fine jewelry, has announced that the Science Based Targets initiative has verified the company’s long term target to achieve net-zero greenhouse gas emissions across its operations (Scopes 1 and 2) and its supply chain (Scope 3) by 2050. This validation reinforces Brilliant Earth’s commitment to reach net-zero GHG emissions by 2050 and addresses the urgent need to try to limit global temperature increases to less than 1.5°C, below catastrophic levels, in line with the Paris Agreement. …

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Chicago — Craveworthy Brands, an 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. “John’s expertise and leadership will be a game-changer for Craveworthy as we redefine …

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