Denver — Doug Pendergast has stepped down as president and chief executive officer of Quiznos, a premier quick‐service restaurant chain and the pioneer of the toasted sandwich. Katie Scherping, current chief financial officer, will serve as interim president and CEO.
“We believe Quiznos is a stronger company as a result of Doug’s work,” says Quiznos’ chairman, Doug Benham. “Under his leadership, we’ve accomplished several major brand initiatives to help advance our business. We thank Doug for his dedication to the Quiznos brand and have full confidence in Katie and the management team to continue the brand on a successful path forward.”
With more than 30 years of finance, accounting and managerial experience, Scherping joined the Quiznos team in December 2013 as CFO. She spearheaded the brand’s financial restructuring in 2014 and helped overhaul Quiznos food cost and supply chain model in order to improve restaurant-level economics. Most recently, Scherping led the rollout of Quiznos new national point-of-sale system, which is expected to help bolster sales and lessen restaurant costs through new reporting and management tools. Scherping and Pendergast have worked closely together since Pendergast joined Quiznos in January 2015.
For more information, visit http://www.quiznos.com.
SOURCE: Quiznos