Richmond, Va. — CarMax, Inc. has made leadership changes to strengthen its business. David McCreight, a member of the board of directors and proven retail business leader and brand strategist, has been named interim president and chief executive officer. Concurrently with McCreight’s appointment, current chair of the board, Tom Folliard, an executive with a 30-year history with CarMax, including as CEO from 2006 to 2016, has been appointed interim executive chair of the board. Current CEO Bill Nash is stepping down from his position and as a member of the …
News
Miami — According to CEO Josh Kobza, Restaurant Brands International (RBI) has made two key leadership appointments. Peter Perdue has been appointed president of Popeyes, U.S. and Canada, succeeding Jeff Klein who will be leaving the company. Perdue, a 12-year RBI veteran, most recently served as chief operating officer of Burger King U.S. & Canada, where he was instrumental in the brand’s Reclaim the Flame operations turnaround. His experience spans operations, franchising and finance, including leadership as regional vice president for Burger King in the Asia Pacific region. Nicolas (Nico) Henrich has been appointed …
Salisbury, N.C. — With a $484 million capital investment, Food Lion is enhancing the customer shopping experience with 153 remodeled stores that were unveiled on Nov. 5 throughout the greater Charlotte, N.C., designated market area (DMA), which includes multiple towns and cities across North and South Carolina. Food Lion, founded in Salisbury, N.C., in 1957, calls the Charlotte region home and continues to grow alongside the towns and cities it serves. With a deep commitment to providing fresh food at affordable prices, the omnichannel grocery retailer also prioritizes fighting food …
Addison, Ill. — Parts Town, a technology innovator and distributor of original equipment manufacturer (OEM) foodservice parts, HVAC parts and residential appliance parts, has named the 10 final recipients of its 2025 Technician Scholarship Award program at this year’s Commercial Food Equipment Service Association (CFESA) Annual Conference. CFESA is the leading trade association dedicated to advancing the commercial food equipment service industry through training, advocacy and professional development. Since the launch of the program in 2022, Parts Town has awarded more than $85,000 in scholarships, including more than $22,000 in …
Saginaw, Mich. — Duro-Last, a member of the Amrize family of brands and a leading manufacturer of custom-fabricated single-ply roofing systems, celebrated a major milestone in late October with an open house and ribbon-cutting ceremony for its eighth manufacturing facility in North America. The 103,000-square-foot Kernersville, N.C., facility produces Duro-Last custom-fabricated membrane as well as custom accessories and edge details for thermoplastic single-ply commercial roofing installations. Highlights included a contractor-focused vendor showcase, plant tours and a ribbon-cutting ceremony that underscored Duro-Last’s ongoing commitment to innovation, quality and customer success. “The …
Spartanburg, S.C., and New York — Denny’s Corporation, owner and operator of Denny’s Inc. and Keke’s Inc., has entered into a definitive agreement to be acquired by a group consisting of TriArtisan Capital Advisors LLC, an established New York-based private equity investment firm and experienced investor in global restaurant and hospitality assets; Treville Capital Group, a leading investment firm focused on alternative assets; and Yadav Enterprises, Inc., owner-operator of approximately 550 restaurants nationwide and one of the largest Denny’s franchisees, in an all-cash transaction with an enterprise value of approximately …
Atlanta — The board of directors of Floor & Decor Holdings, Inc., a leading specialty retailer of hard surface flooring, has appointed Bradley Paulsen, currently serving as president, as its new chief executive officer and a member of the board, effective Dec. 26, 2025. At that time, Thomas Taylor, the company’s current CEO, will transition to the role of executive chair of the board. In this capacity, he will remain actively involved in shaping Floor & Decor’s long term vision for strategic growth and supporting its continued expansion toward 500 …
Atlanta — Church’s Texas Chicken®, one of the largest quick-service chicken restaurant chains in the world, has appointed Bobby Morena as chief development officer, effective Nov. 3, 2025. He joins the company from GoTo Foods. In his new role, Morena will lead all aspects of Church’s domestic development strategy, including franchise sales, real estate, design and construction, with a focus on accelerating the expansion of the brand across the U.S. Morena will report to Roland Gonzalez, CEO and president. Morena has more than 25 years of experience in franchise development …
El Dorado, Ark. — The Murphy USA Inc. board of directors has appointed its chief operating officer, Mindy K. West, to also serve as president. She will succeed Andrew Clyde as the company’s president and chief executive officer, effective Jan. 1, 2026. West will also become a member of the board of directors on that date. Clyde will retire from the board on Dec. 31, 2025. “On behalf of the board, I am delighted to welcome Mindy as Murphy USA’s next president and CEO and as a member of our …
Murray, Utah — Bed Bath & Beyond, Inc., owner of Bed Bath & Beyond, Overstock, buybuy BABY and a blockchain asset portfolio, has appointed Rick Lockton as executive vice president and chief digital, product and technology officer. In his new role, Lockton will lead all digital, AI, product and technology functions, advancing Bed Bath & Beyond’s position as a leader in retail innovation and home technology. Effective Nov. 3, 2025, Lockton will join the executive leadership team to lead the company’s digital transformation and product innovation strategy. He will oversee …