Viewpoint
Who’s on First?
It has often been said the only constant in our industry is that it is always changing. Well change is clearly in the air throughout the restaurant arena. Just this past month we have seen Jean Birch take the helm of IHOP, Lane Caldwell take the reins at Boston Market while Paul Avery has announced his departure from Outback. Dick Rivera has dusted off the baton in order conduct Real Mex and Carin Stutz has landed at Brinker to head up global business development. Larry Destro is now the big enchilada at Taco Del Mar while Clarice Turner is no longer taking and baking at Papa Murphy’s. Recently David Goronkin was named to the prexy post at Bennigan’s while Paul Murphy moved from bagels to tacos as CEO of Del Taco. Nick Shepherd is running the show at Carlson Restaurants Worldwide while his old buddy Nigel Travis is shaking it up at Dunkin’ Brands. Jeff O’Neil is now CEO of Einstein Noah, Joseph Thompson has become president of Papa John’s and likewise Jeff Warne at O’Charley’s.
FYI Candidates
When You Don’t Get the Job… Disappointment, anger, depression, and frustration. These are all very valid feelings you may have upon learning that you didn’t get the job. But consider the fact that employers do not stop watching you when someone else is picked for a particular position.Executive Movements
TAMPA, Fla. — After 20 years with OUTBACK STEAKHOUSE, PAUL AVERY announced his retirement Thursday as chief operating officer of parent company OSI Restaurant Partners LLC. OSI said chief executive BILL ALLEN would assume Avery’s duties while the company “evaluates its leadership structure.”
DineEquity, Inc. (DIN), the parent company of Applebee's Neighborhood Grill & Bar and IHOP Restaurants, today announced the appointment of Jean M. Birch as president of IHOP Restaurants effective June 22, 2009.
BOSTON MARKET CORP. said Friday it has hired industry veteran LANE CARDWELL JR., a former Brinker International executive, to serve as president and chief executive of the 530-unit fast-casual chain.
BRINKER INTERNATIONAL INC., parent of Chili's Grill & Bar and other casual-dining concepts, has named CARIN STUTZ senior vice president and chief operating officer of global business development.
Financial Overview
Struggling GRANITE CITY FOOD & BREWERY LTD., warned that if it cannot win concessions from equipment lessors and landlords, among other creditors, it “may be forced to curtail or reduce the scale of our operations.”
PERKINS & MARIE CALLENDER'S INC., based here, for the first quarter ended April 19 reported a net loss of $9.7 million and a 7.2-percent decrease in revenues, to $169. 3 million. That compares with a net loss of $7.5 million on revenues of $182.4 million in the same quarter a year earlier.
KRISPY KREME DOUGHNUTS INC. reported a 54-percent decline in first-quarter profit as revenue fell 10 percent and lease termination costs and charges from credit facility changes hurt the parent company to the struggling 536-unit doughnut chain.
AFC ENTERPRISES INC., parent of the 1,909-unit Popeyes Louisiana Kitchen chain, said the success of several value meal promotions in the first quarter led to a return to positive global same-store sales for the first time in about three years.
Management
Undermining Staying Power: The Role of Unhelpful Management Theories. Myriad theories have been bandied about to explain the root cause of the recent carnage in the financial sector that has brought the economy to its knees. While examining lending provisions, banking regulations and derivatives structures can provide some insight, focusing our attention in these areas obscures the real lesson.
The current financial carnage is a product of increasing market volatility and the prime culprit of that volatility is a triumvirate of well-intentioned management theories that is taught in every business school and entrenched in every significant publicly-traded company. Intended to ensure longevity and profitability, these theories have instead contributed mightily to the technology crash of 2001-02 and the financial services crash of 2008.
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President - Southeast
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The President will be responsible for setting the vision, direction and execution of all brand development
initiatives for this emerging concept. The President will be an integral member of the executive team
providing leadership, growth initiatives, and continue to foster franchise development initiatives both
nationally and internationally.
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- The COO will be responsible for the execution and profitability of all operations for this international multi-billion dollar Brand. An integral part of senior leadership, the COO will lead the charge to improve operations and grow the concept both domestically and internationally. COO leads the national operations team, directly supervising operations, operating systems, training and business development. Gives direction and engages the team to drive business improvements in sales and profit through people and quality. Ensures each team upholds the standards and reputation of the brand while enhancing guest satisfaction and franchisee profitability.
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Chief Operating Officer - East
- Business Development position key to the continued growth of a regional corporate food service provider located in New Jersey. Position includes development of a branded café/kiosk concept for businesses and office parks in New York, New Jersey, PA and CT.
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Director of Business Development - New York Metropolitan Area
- Under supervision of the Sr. Director OPS Strategy & Performance Management, and working in close collaboration with business stakeholders, this position will lead the evolution of the Global OPS Technology Grid to ensure the global integration of restaurant technology, business and data processes and vendor services that delivers best sustainable Technology services and programs.
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Director, Restaurant Technology Integration - Southeast
- Large independent wholesale food distributor headquartered in New Jersey with a second distribution center in the mid-Atlantic servicing both chain and independent restaurants.
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