ATLANTA Arby’s veteran Russ Umphenour has succeeded Steve Romaniello as president and chief executive of Focus Brands Inc., franchisor of the Moe’s Southwest Grill, Schlotzsky’s, Carvel and Cinnabon chains, the company said Monday. Romaniello moves up to chairman of Focus and joins Roark Capital Group, the private-equity firm that owns Focus, as managing director and a member of the investment committee. Roark also owns a controlling stake in McAllister’s Corp., franchisor of the ...

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