Dine Brands Global Inc. has named Thomas Song CFO, effective May 29, the company said on Monday. Song replaces interim CFO Greggory H. Kalvin, who will continue in his role as SVP, corporate controller, once Song joins the company.
Glendale, Calif.-based Dine Brands, the parent company of Applebee’s Neighborhood Grill & Bar and IHOP, changed its name from DineEquity to Dine Brands Global in February.
“Back in February, we outlined our plans for a complete strategic transformation of Dine Brands to return it back to a growth company,” CEO Steve Joyce said in a press release.
“Our approach includes strengthening the leadership team and making strategic and meaningful investments,” he said. “After a comprehensive nationwide search, during which we identified and evaluated a number of highly-qualified candidates, Tom [left] emerged as the clear choice to become our next chief financial officer. Tom has a unique and varied background that includes over 20 years of experience in finance, M&A, development and franchising, delivering strong business results and creating significant value for shareholders.”
Song currently serves as SVP of corporate development and innovation for Choice Hotels International Inc. The hotel company is also where Joyce was employed before taking his position with Dine Brands. Joyce has been with Dine Brands since September 2017.
“Having worked with Tom directly, I know what a gifted, results-driven leader he is, and also value his skills as an excellent leader of people and team culture,” Joyce said. “I am excited about his joining the team and looking forward to having his ideal combination of skills, knowledge and experience in place as we execute our strategy for long-term growth.”
Applebee's and IHOP together have more than 3,700 restaurants in 18 countries.
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