Shipley Do-Nuts Names New Chief Financial Officer

Houston — Shipley Do-Nuts, a leading do-nut restaurant franchisor and manufacturer of specialty food products, has hired Bob McGahan as its new chief financial officer. McGahan adds over 30 years of experience to Shipley’s already strong leadership team as the brand continues its robust growth.

Most recently, McGahan served as CFO at private equity-owned Friedrich Air Conditioning Inc. and AirBorn Inc., and has also held management positions at Dell Inc. and Coca-Cola Enterprises Inc. McGahan started at Shipley in November.

“Bob knows how to aggressively grow a brand in a thoughtful, purposeful way, which was a big factor in our decision to bring him on board,” says Clifton Rutledge, CEO of Shipley Do-Nuts. “Shipley is headed for monumental growth during the next decade, and Bob is the perfect CFO to help guide that evolution.”

Now with more than 330 locations, Shiply Do-Nuts has franchise commitments in place to open an additional 300 stores over the next 5 years in Texas and across the Southeast. It is actively focused on increasing its presence in Colorado, Georgia and Oklahoma. For more information, visit https://shipleydonuts.com/franchise.

Founded in 1936, Houston-based Shipley Do-Nuts franchises over 300 restaurants to a diverse group of operators across 10 states.

 

 

 

SOURCE: Shipley Do-Nuts

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