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Potbelly Corp. names Adam Noyes as chief operations officerPotbelly Corp. names Adam Noyes as chief operations officer

Checkers & Rally’s veteran assumes new position as Julie Younglove-Webb leaves restaurant operations post

Ron Ruggless, Senior Editor

September 1, 2020

2 Min Read
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Potbelly Corp. has named Adam Noyes to the new role of chief operations officer, the company Tuesday.

The Chicago-based fast-casual sandwich brand said Noyes assumed the post Aug. 28. The new COO role assumes the responsibilities of the former chief restaurant operations officer position.

Julie Younglove-Webb, who had served as chief restaurant operations officer since December 2018, announced in August that she would be resigning from the position Sept. 4.

Potbelly, in a statement, said Noyes will focus on training and developing staff, as well as sales and franchise operations. Noyes most recently operated his own consulting firm after serving in leadership roles at Tampa, Fla.-based Checkers & Rally’s Drive-In Restaurants Inc.

“Adam is a seasoned restaurant operations leader who possesses the combination of unique skills and experience that are a perfect fit for Potbelly at this stage of our turnaround, as well as our next stage of growth,” said Bob Wright, Potbelly CEO and president, in a statement.

“Adam’s experience in the restaurant space means deep knowledge of the customer experience and team member needs from the bottom up.  He has successfully led company and franchise operations at every level. In addition to his operations leadership depth, Adam brings a breadth of talent in training, operations support, supply-chain and technology.”

Related:Potbelly closes 16 units, halves number of potential shutterings

Noyes added, “Our continued turnaround will be fueled by achieving and exceeding customer expectations on every visit in our shops.”

In early August, the Potbelly said it had closed 16 restaurants permanently and halved the number of potential closures, which was forecast as high as 100 in May, because of productive discussions with landlords.

For the second quarter ended June 28, Potbelly’s loss widened to $22.2 million, or 93 cents a share, from $1.9 million, or 8 cents a share, in the same period a year ago. Revenues fell 46.8% to $56.2 million from $105.6 million in the prior-year quarter.

Same-store sales improved throughout the quarter, from the late March low of down 68%, to a decline in the mid-20% range throughout June.

As of June 28, Potbelly had 468 restaurants, including 44 franchised units. Potbelly was founded in 1977.

Contact Ron Ruggless at [email protected]

Follow him on Twitter: @RonRuggless

About the Author

Ron Ruggless

Senior Editor, Nation’s Restaurant News / Restaurant Hospitality

Ron Ruggless serves as a senior editor for Informa Connect’s Nation’s Restaurant News (NRN.com) and Restaurant Hospitality (Restaurant-Hospitality.com) online and print platforms. He joined NRN in 1992 after working 10 years in various roles at the Dallas Times Herald newspaper, including restaurant critic, assistant business editor, food editor and lifestyle editor. He also edited several printings of the Zagat Dining Guide for Dallas-Fort Worth, and his articles and photographs have appeared in Food & Wine, Food Network and Self magazines. 

Ron Ruggless’ areas of expertise include foodservice mergers, acquisitions, operations, supply chain, research and development and marketing. 

Ron Ruggless is a frequent moderator and panelist at industry events ranging from the Multi-Unit Foodservice Operators (MUFSO) conference to RestaurantSpaces, the Council of Hospitality and Restaurant Trainers, the National Restaurant Association’s Marketing Executives Group, local restaurant associations and the Horeca Professional Expo in Madrid, Spain.

Ron Ruggless’ experience:

Regional and Senior Editor, Informa Connect’s Nation’s Restaurant News and Restaurant Hospitality (1992 to present)

Features Editor – Dallas Times Herald (1989-1991)

Restaurant Critic and Food Editor – Dallas Times Herald (1987-1988)

Editing Roles – Dallas Times Herald (1982-1987)

Editing Roles – Charlotte (N.C.) Observer (1980-1982)

Editing Roles – Omaha (Neb.) World-Herald (1978-1980)

Email: [email protected]

Social media:

Twitter@RonRuggless

LinkedIn: www.linkedin.com/in/ronruggless

Instagram: @RonRuggless

TikTok: @RonRuggless

 

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