Fiesta Restaurant Group Inc. has named Lynn Schweinfurth vice president and chief financial officer, effective July 16, the company said Monday.
Schweinfurth has more than 20 years of senior-level financial management experience at such companies as Brinker International Inc., Yum! Brands Inc., and PepsiCo Inc. Since 2010, she had served as vice president of finance and treasurer at Winn-Dixie Stores Inc.
RELATED
• Fiesta Restaurant Group names John Todd CDO
• Taco Cabana expands remodeling program
• More restaurant industry executive changes
"Lynn is an extraordinary talent who has broad-based financial leadership experience with major restaurant and retail brands, including global, franchise and company-owned restaurant portfolio companies," said Tim Taft, chief executive and president of Fiesta Restaurant Group Inc. "In addition to her technical and leadership skills, we believe she will be a great cultural fit for Fiesta. We are confident that she can add significant value as we execute on our strategic plans.”
“I am thrilled to join Fiesta at this early stage in its corporate history as an independent publicly traded company and believe the company is poised for significant, long-term, profitable growth," Schweinfurth said. "I look forward to working alongside the management team and the board of directors to leverage our two exceptional brands and drive industry leading performance within the fast-casual industry, creating long-term value for our shareholders.”
Last May, Burger King franchisee Carrols Restaurant Group Inc. finalized the spin-off of Fiesta through a tax-free dividend of common stock of Fiesta to Carrols’ shareholders.
Fiesta Restaurant Group owns, operates and franchises the Pollo Tropical and Taco Cabana fast-casual chains, which have a total of 247 corporate and 40 franchised units globally.
Contact Marcella Veneziale at marcella.veneziale@penton.com.