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Yum! Promotes Sean Tresvant to Taco Bell Division CEO

by Katie Lee

Louisville, Ky. — Yum! Brands, Inc. has promoted Sean Tresvant to Taco Bell division chief executive officer, reporting to Yum! Brands CEO David Gibbs, effective January 1, 2024. Tresvant, who currently serves as global chief brand and strategy officer of Taco Bell, will succeed Mark King, who plans to retire at the end of 2023. As CEO, Tresvant will assume global responsibility for driving Taco Bell’s growth strategies, franchise operations and overall performance. “Sean is a visionary business leader and best-in-class brand builder who is driving transformative R.E.D. (relevant, easy, …

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Savvy Sliders Names New Chief Development Officer

by Katie Lee

Detroit — Michigan-based Savvy Sliders has named QSR veteran Bryon Stephens as chief development officer. Stephens brings 35 years of industry knowledge to the Savvy Sliders brand.  With 35 stores open today, and another 30 in development, Stephens will guide the 3-year-old brand to a growth trajectory of more than 500 stores over the next 48 months. “With Bryon’s leadership and knowledge, this unique partnership will lead us to explosive growth throughout the world,” says Happy Asker, founder and CEO of Savvy Sliders. While at A&W Restaurants, Stephens spearheaded the …

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Panera Brands Establishes Next Generation of Leadership

by Katie Lee

St. Louis — Panera Brands Inc., which includes the fast-casual and hospitality brand Panera Bread as well as Einstein Bros. Bagels and Caribou Coffee, has established its next generation of CEO leadership and board governance in preparation for its eventual IPO. Current CEO Niren Chaudhary will become chairman of Panera Brands, handing the CEO reins to José Alberto Dueñas, currently president and CEO of Einstein Bros. Bagels, effective July 1, 2023. Former Starbucks CFO and independent director Patrick Grismer will become chairman of the audit committee. Over the last 4 …

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Bonchon U.S. Appoints New CEO

by Katie Lee

Dallas — Bonchon, a global leader in fast-casual Asian fusion dining known for its Korean double-fried chicken, has appointed former global CFO Bryan Shin to lead Bonchon U.S. as CEO. Shin joined Bonchon as head of global finance in 2019 with more than 10 years in the global food and beverage space. He previously served in various top global leadership and senior positions with brands including Goose Island Beer Company, Yum! Brands and CJ Foodville (a subsidiary of Korean conglomerate CJ Group), where he implemented strategies for a global launch …

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International Dairy Queen Names New COO, International

by Katie Lee

Minneapolis — International Dairy Queen Inc. (IDQ) has hired Nicolas Boudet as chief operating officer, international. Boudet will lead the international business, including operations, franchise development, supply chain and marketing in more than 20 countries outside of the U.S. and Canada. He brings more than 20 years of business leadership experience at well-known, globally recognized hospitality and quick-service restaurant brands. Boudet most recently served as senior vice president global development and president of international at Wingstop Restaurants, Inc. Before joining Wingstop in 2018, he was executive vice president and group …

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Yum! Brands Names New Chief Corporate Affairs Officer

by Katie Lee

Louisville, Ky. — Yum! Brands, Inc. has named Allyson Park to the role of Yum! Brands’ chief corporate affairs officer, effective August 15, 2022. An accomplished corporate affairs leader with more than 25 years of strategic communications and government relations experience, Park will join the company’s global leadership team, and report to Yum! Brands’ chief operating officer and chief people officer, Tracy Skeans. “Allyson’s proven record serving some of the world’s most recognizable brands makes her an ideal fit for the role, and she brings a wealth of expertise about …

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Yum! Brands Highlights Progress on Climate and Sustainable Packaging

by Katie Lee

Louisville, Ky. — Yum! Brands, Inc. has released its annual Global Citizenship & Sustainability Report, highlighting the company’s strategic investments in socially responsible growth, risk management and stewardship of its people, food and impact on the planet. This includes addressing climate change, advancements in sustainable packaging and creating equity in the communities it serves. “We delivered strong business results in 2021, demonstrating that focus on environmental, social and governance (ESG) issues is not incidental to growth, but an enabler of it,” says David Gibbs, CEO of Yum! Brands. “We continue …

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KFC Opens Latest Next-Gen Restaurant: The Crystal Bucket

by Katie Lee

Louisville, Ky. — As KFC continues to focus on building and remodeling restaurants with the customer experience front and center, the company has opened its latest next-generation restaurant concept dubbed ‘The Crystal Bucket.’ The new 40-seat, 2,542-square-foot restaurant is located in Painted Post, N.Y., and celebrates the elegant architecture of the original building and history of the area. Inspired by nearby town Corning’s legacy as a glass manufacturer, this new KFC features a unique design fitting for a region known for innovation. The Crystal Bucket features: A modern curved design, …

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A&W Restaurants Marks 10 Years Under Franchisee Ownership

by Katie Lee

Lexington, Ky. — Ten years ago, the future of America’s oldest chain restaurant franchise was in question. A&W, owned by YUM! Brands, was struggling. But then a group of franchise owners formed a partnership and bought the company, which was 92 years old at the time, on Dec. 19, 2011. A&W is still the only major restaurant brand 100% owned by its franchisees. Since the acquisition: Same-store sales have increased every year, reversing 7 years of declines; sales this year are up 10.2%, following last year’s 9.2% growth. Average unit …

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25-year Franchise Veteran Joins Fransmart Leadership Team

by Katie Lee

Alexandria, Va. — Fransmart, a global franchise development company, is expanding its leadership team with the appointment of seasoned food industry executive Don Baruch as vice president of franchise support operations. Baruch brings more than 25 years of franchise development and operations experience to the position. Most recently, he was vice president of development for BurgerBusters, a more than 150-unit franchisee of Yum! Brands with Taco Bell, KFC and Pizza Hut restaurants, as well as several other national brands. “An experienced franchisee, franchisor and franchise owner, Don brings a unique …

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