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Log In / Register | May 24, 2018
News of a change in the board of directors or a chief officer of a firm

After Disappointing Year, Fiesta Restaurant Recruits New Leadership

Fiesta Restaurant 2016 store compsFiesta Restaurant Group, Inc. [NASDAQ: FRGI], the parent company of Pollo Tropical and Taco Cabana, announced on Monday that store sales dropped in its last quarter and 2016. Its net income of $16.7 million dropped by well over half of what it was in 2015.

With a Turnaround Needed, DineEquity’s CEO Julia Stewart Resigns

Faced with disappointing results of its fourth quarter and full year for 2016, DineEquity Inc. (NYSE:DIN) announced yesterday the resignation of its chairman and chief executive officer Julia Stewart, effective March 1. Richard Dahl, the lead director on the firm's board of directors, will take Stewart's place as interim chief executive officer and chairman.

Mike Ilitch, Franchisor and Franchisee, Dead at 87

Mike IlitchThe co-founder (with wife Marian) of franchisor Little Caesars Pizza and owner of Major League Baseball's Detroit Tigers and Hockey's Red Wings franchise, Mike Ilitch, died in a Detroit hospital on Friday. He was 87.

Great Clips Announces CEO Olsen to Step Down in 2018, President to Replace Her

Minneapolis-based franchisor Great Clips Inc. announced yesterday that on January 1, 2018, Rhoda Olsen will vacate her role as CEO and become a member of its board of directors.

Rave Restaurant Group Appoints Smashburger’s Scott Crane as Its CEO

Rave Restaurant Group [NASDAQ: RAVE] announced Monday, January 9 that Scott Crane, who departed Smashburger in April as its CEO, has joined Rave as its new chief executive officer, effective immediately.

Smashburger’s Top Brass Turnover Revealed in Latest Amended Disclosure

SmashburgerAfter anonymous sources revealed that Smashburger had fired not only its chief executive officer but also many of its top management team, Blue MauMau has now obtained the company's amended Franchise Disclosure Document (FDD), effective December 29, 2016, on the California Department of Business Oversight website.

Dickey’s Barbecue Reorganizes Company and Leadership

Roland Dickey, Jr.

Dickey's Barbecue Pit this week announced a reorganization and a change in leadership. The three-generational family company that was founded in 1941 by Travis Dickey has formed a holding company, Dickey's Capital Group, Inc., which will be the parent company of all business entities under the Dickey's name.

Papa Murphy’s CEO Resigns, Chairwoman Takes Over

Papa Murphy's [NASDAQ: FRSH] announced today that chief executive officer Ken Calwell has left the company and that effective immediately its chairwoman, Jean Birch, is appointed as its interim CEO.

Wingstop Announces Crump-Caine as Independent Board Member

Lynn Crump-CaineDallas-based Wingstop Inc. (NASDAQ:WING), a fast-casual chicken wing restaurant concept with more than 900 locations worldwide, announced Tuesday the appointment of Lynn Crump-Caine to its board of directors.

After Earnings Misses, Icahn-Backed CEO Heads Hertz

Florida-based Hertz Global Holdings Inc. (NYSE:HTZ) announced Tuesday that its chief executive officer John Tague has been replaced by Kathryn V. Marinello, who will officially serve as the franchisor's president and chief executive officer the day after observed New Year's Day, Tuesday, January 3, 2017.