Lexington, Ky. — Fazoli’s has signed two multi-unit development agreements for eight new locations in Georgia and Arkansas; additionally, the company has welcomed franchise and foodservice veteran Kathy Davidson as its new senior director of franchise sales.
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Plano, Texas — J. C. Penney Company, Inc.’s board of directors has appointed Jill Soltau as chief executive officer and a member of the board, effective October 15, 2018. Soltau is a 30-year retail veteran who most recently served as president and CEO of JOANN Stores, the nation’s largest fabric and crafts retailer, after serving as president of Shopko Stores.
New York — FM Restaurants HoldCo, LLC, an affiliate of Z Capital Group, LLC, a leading alternative asset manager of opportunistic, value-oriented private equity and credit funds, has appointed Randy Sharpe as chief executive officer and Ned Algeo as chief financial officer.
Plano, Texas — Jeffrey Davis has informed J. C. Penney Company, Inc. that he is resigning from his position as executive vice president and chief financial officer, effective October 1, to join Qurate Retail Group. Jerry Murray, senior vice president of finance, will assume the position of interim chief financial officer, reporting directly to the Office of the CEO.
Nashville, Tenn. — Kirkland’s, Inc. is strengthening its senior management team with the addition of Steve “Woody” Woodward as chief executive officer. Woodward, who is currently president and chief merchant of Crate and Barrel, will join the Kirkland’s team on October 22, 2018. The company’s acting CEO, Mike Cairnes, will be promoted from his previous position of executive vice president to president in addition to resuming his previous role as chief operating officer.