Taco Cabana-Pollo Tropical parent says new CIO position fits into strategy
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Fiesta Restaurant Group Inc. has promoted Ryan Nowlin to the new position of chief information officer, the company said Tuesday.
The Dallas-based parent of the Taco Cabana and Pollo Tropical concepts said Nowlin will be responsible for all strategic information technology systems for the two brands.
“Ryan has been instrumental in the successful development and execution of a number of IT and technology initiatives which were identified as part of the company’s renewal program, helping transform the Taco Cabana and Pollo Tropical brands including a new loyalty program and off-site ordering and consumption strategies,” said Richard Stockinger, Fiesta president and CEO, in a statement.
“By creating this new position of chief information officer,” Stockinger said, “we will ensure that technology continues to be an integral part of our overall strategy for brand renewal and growth as we head into 2018.”
Nowlin has been with Fiesta since September 2012.
For the third quarter ended Oct. 1, Fiesta reported a loss of $8.3 million, or 31 cents a share, compared to a loss of $4.5 million, or 17 cents a share, in the same period last year. Revenues fell 12.9 percent to $158.7 million from $182.3 million in the prior-year quarter.
As of Oct. 1, Fiesta had 181 Pollo Tropical restaurants and 175 Taco Cabana units.
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