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Log In / Register | Aug 14, 2018

Franchisees Welcome New CEO of Ruth’s Chris Steak House

Ruth’s Hospitality Group, Inc. [NASDAQ:RUTH], a chain of 150 company-owned and franchised upscale restaurants that do business as Ruth’s Chris Steak House, announced yesterday that chief operating officer Cheryl Henry has begun the role of president and CEO of the company. Henry has been with the company for 11 years. She replaces CEO Michael P. O’Donnell, who has been promoted to executive chairman of the firm’s board of directors.

Nancy and Mark Oswald, the chain’s largest franchisee, stated: “We speak on behalf of the entire franchise community when we say we are delighted to welcome Cheryl as our new CEO. Her continuous and unwavering support through the years has been crucial to the growth and success of our brand and we are confident she will bring great things as CEO. At the same time, we thank Mike for his invaluable work over the past ten years and look forward to his continued role as executive chairman.”

“Cheryl’s appointment as chief executive officer is the culmination of a multi-year succession planning process,” said new chairman O’Donnell. “Her experience and success managing virtually all aspects of our business over the last decade uniquely qualifies her for the position.”

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Don Sniegowski is editor of Blue MauMau, the daily news journal for franchise & small business owners. Call him at +1 (270) 321-1268, tweet @bluemaumau or email don@bluemaumau.org.