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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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 …
Lakeland, Fla. — According to Publix Super Markets CEO Kevin Murphy, Doug Stalbaum has been promoted to vice president of finance, effective Jan. 1, 2025. He joined the company in 2019 as director of business analysis and reporting, and was promoted to his current role, vice president and controller, in 2022. Prior to joining Publix, Stalbaum was a senior audit manager at an accounting firm for 8 years, senior director and controller at a restaurant chain for 6 years and director of finance at a furniture retailer for 3 years. …
San Diego — Former CFO Lance Tucker is returning to Jack in the Box Inc., again as chief financial officer, effective Jan. 13, 2025. Tucker is currently chief financial officer of Davidson Hospitality Group, while having also served as CFO at CKE Restaurants Inc. and Papa John’s International, Inc. Tucker succeeds Brian Scott, who resigned from the company on Nov. 20. Tucker served as CFO of Jack in the Box Inc. from March 2018 to July 2020, during which he played an instrumental role in implementing the company’s securitization, while …
Savannah, Ga. — The board of directors of Citi Trends Inc. has appointed Kenneth (Ken) Seipel as chief executive officer, effective Nov. 18, 2024. Seipel has been serving as the interim CEO of Citi Trends since June 1, 2024, and on the board of directors since 2019. Concurrently, the board appointed Peter Sachse, the current executive chairman of the board, as chairman of the board. In addition, the company is announcing preliminary Q3 2024 results with sales of $179.1 million and comparable store sales growth of 5.7% vs. Q3 2023. …
Dallas — Nothing Bundt Cakes®, the nation’s largest specialty cake company, has appointed franchise development veteran Joel Larkin as chief development officer to lead the 635-unit brand’s continued expansion. Larkin brings over two decades of franchise development and operations expertise to Nothing Bundt Cakes. He most recently served as chief franchise and development officer at European Wax Center, where he oversaw its expansion to more than 1,000 locations. “Joel’s background is uniquely suited to the fast-paced growth we are undertaking here at Nothing Bundt Cakes,” says Dolf Berle, CEO of …
Chesapeake, Va. — Dollar Tree, Inc. has made several updates to its executive leadership team. Steve Schumacher has been promoted to executive vice president and chief people officer; Jocelyn Konrad has been named chief of Dollar Tree Stores and enterprise store operations; and Jason Nordin has been named president of Family Dollar Stores. Schumacher’s promotion is effective immediately. He has served as interim chief people officer for the past 6 months and will continue to lead all human resources (HR) functions for the Dollar Tree and Family Dollar banners. He …
Atlanta — Krispy Krunchy Chicken®, one of the fastest-growing hot food concepts in the convenience store business, has named Matt Testa its chief operations officer. He will focus on strengthening the sales and operations teams for the brand which licenses over 3,000 locations. Testa joins the company from Pilot Flying J. “Matt brings us a proven track record of success and growth in c-stores. He has a visionary approach for leading teams to maximize impact, efficiency and ease for operators,” says Jim Norberg, chief executive officer for Krispy Krunchy Chicken®. …
Dallas — Centennial, a retail real estate owner and operator with a national portfolio of shopping, dining, entertainment and mixed-use destinations as well as a full-service property management platform serving third-party owners (www.centennialrec.com), has appointed Paul Kurzawa to serve as president. Kurzawa is an experienced real estate and entertainment executive with more than 25 years of international multi-asset and multi-discipline expertise in the commercial real estate and entertainment industries. He has worked for some of the most distinguished global real estate and entertainment companies in the world, including The Blackstone …
Newport Beach, Calif. — Chipotle Mexican Grill has appointed Scott Boatwright as chief executive officer and a member of the board, effective immediately. Prior to being named interim CEO in August, Boatwright served as chief operating officer, reporting directly to the company’s CEO since 2017. Responsible for more than 125,000 employees and over 3,600 restaurants, Boatwright has been a driving force for improving the company’s overall guest experience. In addition to contributing to the strategy and growth of the business, he led the integration of new technology into restaurants, built …