Bojangles’ announced yesterday that its all-cash acquisition by Durational Capital Management LP and The Jordan Company, L.P. has been finalized.
News of a change in the board of directors or a chief officer of a firm
Yum Brands, Inc. [NYSE:YUM] announced Monday that David Gibbs, age 55, has been promoted to be its president and chief operating officer.
The Asian American Hotel Owners Association (AAHOA) announced on Friday the promotion of its chief operating officer Rachel Humphrey to serve as its interim president and CEO effective January 26.
Subway has finally announced a replacement for its former chief marketing officer, Joe Tripodi. As the sandwich shop franchisor continues to search for a permanent CMO, it says its acting CMO is Roger Mader for the interim.
Tripodi had been hired for troubled times, after the death of Subway co-founder Fred DeLuca and the fiasco of convicted child molester Jared Fogle, who was Subway’s former brand spokesperson. Until now, there had been no previous announcement of Tripodi’s departure until yesterday’s news by Marketing Week.
The Asian American Hotel Owners Association announced today that Chip Rogers will step down as its CEO to become the CEO of the American Hotel and Lodging Association.
Best Western Hotels and Resorts, a chain of 13 hotel brands in 100 countries, announced today that its board of directors has elected hotel owner-operator Anthony Klok to be the company’s chairman of the board for 2019.
Yum Brands, Inc. [NYSE:YUM) announced on Monday that its board of directors has appointed Brian C. Cornell to replace Robert D. Walter, 72, as its non-executive chairman. Cornell is the chairman and chief executive officer of Target Corporation [NYSE:TGT].
The Jack in the Box franchisee association has publicly come out to ask the board of directors of Jack in the Box Inc. to dismiss CEO Leonard A. Comma and to bring on a CMO.
Casual dining franchisor TGI Fridays announced on Tuesday that it has hired Ruby Tuesday’s CEO, Ray Blanchette, as its CEO. Former CEO Aslam Khan, who joined the firm as CEO in April of 2017, was promoted to vice chairman of the board — on Tuesday.
Yum Brands Inc. [NYSE: YUM] announced today that Tony Lowings will be promoted to be chief executive officer of its KFC Division on January 1, 2019.