As the wild year that is 2020 winds down, restaurant companies seem to have slowed down C-suite hiring. Only eight executives took on new roles in November, but some of them were pretty major.
The biggest C-suite news to come out of November was the appointment of John Peyton as CEO of Dine Brands. The casual- and family-dining company publicly announced an in-depth executive search for its new CEO in May after current CEO Steve Joyce announced his upcoming retirement in February. Peyton will start in January.
Growth fund Savory, which invested in Crack Shack earlier this year with giant expansion plans, named its first CEO as well.
McDonald’s continued to rebuild its human-resources department after the firing of former CEO Steve Easterbrook last year.
The quick-service company named a vice president and global chief diversity, equity and inclusion officer, as well as a chief people officer. In keeping with the company’s corporate promises to increase equity in corporate leadership in the wake of the death of George Floyd, both executives are Black.
Noodles & Company and Ruth’s Hospitality Group both named chief financial officers. Both executives are entering the foodservice industry from the fitness world. Noodles & Company brought on a former Equinox executive while Ruth’s Hospitality Group hired a former Orangetheory Fitness executive.
See which restaurant companies named new C-suite executives in November.
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