Warrendale, Pa. — rue21, inc., a leading specialty apparel retailer, has appointed CFO Keith McDonough as interim chief executive officer, succeeding Bob Fisch. McDonough will serve in this interim role as the board of directors conducts a search for a new CEO. McDonough, who has served as the CFO of rue21 for 13 years, has more than three decades of senior leadership experience in the retail industry.
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Dallas — Twin Peaks has agreed to sell a majority interest in the company to its largest franchise group, Atlanta-based La Cima Restaurants, which currently owns and operates 15 Twin Peaks sports lodges across six southern states. Terms of the acquisition were not disclosed.
Dallas — Rave Restaurant Group, Inc., the parent company of Pie Five Pizza Co. and Pizza Inn, has hired Brett Heinen as the new director of franchise development. In this role, Heinen will be tasked with maintaining a robust development pipeline for both Pie Five and Pizza Inn as the brands look to expand in new and existing markets across the country.
San Diego — Petco’s chairman and CEO, Jim Myers, a 26-year company veteran and CEO since 2004, will be retiring. As part of Petco’s long term succession plan, the company’s president and chief merchant, Brad Weston, who joined Petco in 2011, will succeed Myers as CEO as of February 1, 2017.
Canton, Mass. — Dunkin’ Brands Group, Inc., the parent company of Dunkin’ Donuts and Baskin-Robbins, has named David Hoffmann as president of Dunkin’ Donuts U.S. and Canada, effective October 3, 2016. He will report to Nigel Travis, chairman and CEO of Dunkin’ Brands, and will serve on the leadership team.
San Diego — Petco has hired John Zavada as senior vice president and chief information officer (CIO) and added William Engen to the company’s leadership team as senior vice president, retail market expansion, a new role dedicated to optimizing the company’s investments in new retail store growth.