Lynn Schweinfurth joins company from Fiesta Restaurant Group
Red Robin Gourmet Burgers Inc. has named Lynn Schweinfurth as chief financial officer and executive vice president, the company said Tuesday.
The Greenwood Village, Colo.-based casual-dining brand said Schweinfurth will succeed Guy Constant in the post as of Jan. 28. In September, the company announced Constant would transition into the chief operating officer position.
Schweinfurth most recently served as CFO and senior vice president at Dallas-based Fiesta Restaurant Group Inc., parent to the Pollo Tropical and Taco Cabana brands. She had been in the post since 2012.
Red Robin said Schweinfurth would be responsible for leading all financial disciplines, including accounting, strategic and financial planning, operations analysis, treasury and investor relations and the company’s supply chain.
“Lynn’s extensive strategic, finance and capital markets experience with recognized restaurant brands rounds out Red Robin’s leadership ranks as we continue to build a best-in-class organization to drive growth in a rapidly evolving business,” said Denny Marie Post, Red Robin CEO, in a statement.
Prior to joining Fiesta, Schweinfurth held finance positions at Brinker International Inc., Yum! Brands Inc. and PepsiCo.
“We are also pleased that Lynn’s arrival will allow us to complete the transition of Guy Constant from CFO to COO,” Post said.
For the third quarter ended Oct. 7, Red Robin’s net income fell 37 percent to $1.7 million, or 13 cents a share, from $2.7 million, or 21 cents a share, in the same period a year ago. Revenues slipped 3.5 percent to $294.9 million from $305.7 million in the prior-year quarter.
As of Oct. 7, Red Robin, founded in 1969, had more than 574 restaurants in the United States and Canada. Of those, 485 were company-owned.
Contact Ron Ruggless at [email protected]
Follow him on Twitter: @RonRuggless
