NEW YORK NexCen Brands, the struggling parent of Maggie Moo’s and other treat brands, said Friday that it has restructured its lending arrangement after saying earlier this year that it faced a liquidity crisis. Separately, it reported that its...
ATLANTA Ted’s Montana Grill said it has promoted Hugo Marin to vice president of operations, a new position for the company. Previously, Marin served as director of operations for the company’s eastern region. In his new role, Marin, a 25...
SCOTTSDALE Ariz. Chris Prasifka has resigned as president of Kahala Franchise Corp. just four months after being promoted to the post. Spokeswoman Kate Guess said Prasifka’s resignation was due to personal matters and that the position was ...
SAN ANTONIO Tim Taft, the new chief executive of Souper Salad Inc., said he has spent the past month and a half inspecting the company’s Souper Salad and Grandy’s chains and getting ideas for improvement. Souper Salad announced Taft’s...
LOS ANGELES Ron Graves has been officially named chief executive of the Pinkberry frozen yogurt chain, after serving as interim CEO for months, the company said Tuesday. Graves was named interim CEO in October 2007, when Pinkberry received...
SAN DIEGO Jack in the Box Inc. said David M. Theno, the quick-service company’s high-profile food safety chief, would retire on Sept. 28. Theno’s duties as senior vice president and chief product safety officer will be split between Ann...
EMERYVILLE Calif. Jamba Inc. CEO and president Paul Clayton resigned Wednesday and was replaced by board chairman Steven Berrard in an executive shakeup at the Jamba Juice parent, which has cut jobs and closed stores amid falling sales. No...
INDIANAPOLIS The Steak n Shake Co. said late Thursday that company chairman and well-known activist investor Sardar Biglari was named chief executive of the beleaguered operator-franchisor earlier this week after the resignation of interim CEO...
MINNEAPOLIS Caribou Coffee Co. Inc. said it has appointed former Yum! Brands Inc. executive Michael Tattersfield to the posts of president and chief executive. He succeeds interim CEO Rosalyn Mallet. Tattersfield most recently was chief...
HEATHROW Fla. Ruth’s Hospitality Group Inc. on Tuesday named Michael P. O’Donnell president and chief executive, effective Aug. 7. He also was named to the company’s board of directors. O’Donnell will step into the role most recently held...