Quiznos Lineup Gets Another Hitter
Greg Brenneman strengthens his line-up at Quizno's with the addition of Mr. Rich Emmet, a long time Papa Johns executive AND Franchisee since 1992.
DENVER, CO – Quiznos, one of the nation’s fastest-growing quick service restaurant chains, today announced the appointment of Richard J. Emmett as Executive Vice President and Chief Legal Officer, effective May 1. Mr. Emmett will report to Greg Brenneman, Quiznos CEO, President and Partner.
“Rich brings a wealth of quick service management experience to Quiznos. His tenure at Papa John’s, not only as a member of senior management, but also as a franchisee, will serve him well in promoting the growth and prosperity of all aspects of our business,” said Mr. Brenneman.
Mr. Emmett will act as Quiznos principal legal counsel, responsible for overseeing Quiznos legal functions for both its US and international franchise systems, including franchise regulatory matters, compliance, litigation, contracts and other agreements, as well as providing general counsel on company matters. Mr. Emmett follows Pat Meyers in the Chief Legal Officer role. Mr. Meyers will continue to serve in a non-executive capacity as a Quiznos owner and director.
Richard J. Emmett has served as Senior Vice President and General Counsel since March 2002, after serving as Senior Vice President and Senior Counsel since March 1997, and has served as Secretary since October 2005. Mr. Emmett is responsible for our legal, risk management and people departments. Mr. Emmett also served as Senior Vice President of Development from August 1996 to March 1997. From 1992 to 1996, Mr. Emmett held the position of Vice President and Senior Counsel. From 1983 to 1992, Mr. Emmett was an attorney with the law firm of Greenebaum Doll & McDonald PLLC, having become a partner of the firm in 1989. Mr. Emmett has been a franchisee since 1992.
Interestingly on March 9th Mr. Emmett exercised an option to buy 7,500 shares of Papa Johns stock at $15.19 and then turned right around and sold them that day for $30.52. Not bad little 1 day profit of $182,475. I wonder if on March 9th, Mr. Emmet knew he would soon be moving over to Quizno's.
It looks to me like Brenneman is putting together a World Series Team, will he WIN? Only time will tell!
Believe & Succeed,DaleFranSynergy, Inc.Synergizing Franchising!