Glendale, Calif. — Dine Brands International, an affiliate of Dine Brands Global, Inc., the parent company of Applebee’s Neighborhood Grill + Bar®, IHOP® and Fuzzy’s Taco Shop® restaurants, has opened a dual-brand Applebee’s and IHOP location in the United Arab Emirates and plans to open a minimum of 4 additional locations in the Middle East in partnership with established franchisees Eagles Landing International Restaurants and Kout Food Group. Eagles Landing International Restaurants opened its first dual-brand location in the UAE at the Dubai Festival City Mall on January 21 and …
dine brands global
Glendale, Calif. — Dine Brands Global, Inc., the parent company of Applebee’s Neighborhood Grill & Bar®, IHOP® and Fuzzy’s Taco Shop® restaurants, plans key leadership moves, each effective on January 6, 2023. John Cywinski, Applebee’s president, is leaving the company for a CEO position at another restaurant company. Tony Moralejo, who is currently president, Dine Brands International and Global Development, has been appointed president, Applebee’s U.S. Scott Gladstone, senior vice president of strategy and innovation, will step into the role of president, international and corporate development. “John and I share …
Glendale, Calif. — Dine Brands Global, Inc., the parent company of Applebee’s Neighborhood Grill + Bar® and IHOP® restaurants, has agreed to acquire Fuzzy’s Taco Shop® from Experiential Brands LLC, a wholly owned subsidiary of NRD Holding Company, for $80 million in cash. Fuzzy’s is a fast-casual restaurant concept serving Mexican favorites with a Baja twist. Net of tax benefits, the purchase price is approximately $70 million. Founded in 2003 in Fort Worth, Texas, Fuzzy’s is a category innovator, offering a new twist on Mexican favorites at a value price …
Glendale, Calif. — Dine Brands Global, Inc., the parent company of Applebee’s Neighborhood Grill & Bar® and IHOP® restaurants, has named Brett Levy as vice president of investor relations and treasury, effective July 25, 2022. Levy is responsible for the development, implementation and management of Dine Brands’ investor relations strategy, with a focus on continuing and building relationships with investors, analysts and other key stakeholders. He brings to the company his advisory and investing knowledge, amassed throughout a Wall Street career, which spans more than 25 years. Prior to joining …
Los Angeles — FAT (Fresh. Authentic. Tasty.) Brands Inc. has hired its first chief information officer, Michael G. Chachula. Chachula joins FAT Brands with over 25 years of senior management experience in business and technology and will be focused on delivering scalable, sustainable and efficient technology platforms across the portfolio and franchise system to aid in the growth of the company. A seasoned executive with experience across the financial services, consumer goods, pharmaceuticals and hospitality industries, Chachula has a track-record of identifying and implementing innovative technological solutions that drive further …
Dine Brands International Continues Global Expansion with First IHOP® Deal in the Caribbean
Glendale, Calif. — Dine Brands International plans to open its first IHOP® in Nassau, The Bahamas, in late 2022 through an agreement with Bahamas Limited, which also calls for 16 IHOP restaurant openings in the Caribbean over the next few years. “We are excited to bring IHOP to the English-speaking Caribbean islands. We’ve seen success in Puerto Rico and believe guests in this new market are sure to fall in love with the brand’s world-famous pancakes and familiar comfort foods,” says William Urrego, regional vice president of franchise operations, Dine …
Glendale, Calif. — IHOP® has expanded its franchisee portfolio with the addition of Suncakes, LLC, led by Guillermo Perales, through the acquisition of 41 IHOP restaurants. The restaurants, located in Tennessee, North Carolina, Virginia and South Carolina, were previously owned and operated by CFRA Holdings and its affiliates and transferred to Suncakes, LLC in July 2020. Financial details of the deal will not be disclosed. The 41 locations represent the first IHOP restaurants managed by Sun Holdings, Inc. Sun has one of the largest restaurant franchisee portfolios in the U.S. …
Glendale, Calif. — The board of directors of Dine Brands Global, Inc. has retained executive search firm Spencer Stuart to assist the company in identifying an individual to succeed its chief executive officer, Steve Joyce. Joyce’s employment agreement expires February 1, 2021. “I am proud of the growth that we have experienced during my tenure as chief executive officer,” says Joyce. “Since 2017, we have established and executed on strategic plans, strengthened the franchisee base, completed a $1.3 billion securitization transaction and returned significant capital to stockholders. With the occurrence …
Glendale, Calif., and Karachi, Pakistan — Dine Brands Global Inc. has signed a deal with several principals of Gerry’s Group, a leading Pakistan-based logistics and food-and-beverage group, to bring the IHOP brand to the Islamic Republic of Pakistan. The deal calls for 19 IHOP locations throughout the country over the next 9 years, nine of which will be franchised by the principals of Gerry’s Group with the other 10 sub-franchised. The first location is expected to open in Karachi by the end of 2019 and continues the brand’s expansion into …
Glendale, Calif. — DineEquity Inc., the parent company of Applebee’s Neighborhood Grill & Bar® and IHOP® concepts, has rebranded itself as Dine Brands Global, Inc. The company also has a new 5-year growth plan, as well as new operational and financial goals.