executive change

Leadership

Ed Nelson is retiring as Whataburger CEO

COO Debbie Stroud will take over for the longtime executive at the end of the year when Nelson will end a 20-year career with the San Antonio, Texas-based fast-food chain.

Leadership

KFC hires a marketing-development chief and more recent executive moves

Executive Summary: Catherine Tan-Gillespie takes the KFC post, Sweetgreen names a chief development officer and Golden Crust appoints new CEO and CFO.

The former Starbucks and Mars Retail Group executive replaces Frances Allen, who announced in April she was stepping down.

The departure of CEO Brian Niccol is speeding up previously announced C-suite moves. The planned retirement of CFO Jack Hartung is now on hold indefinitely.

Several restaurant companies removed chief executives so far in 2024. Some of them more than once. Here’s a look at them.

Executive Summary: Recent restaurant industry hires and promotions.

Frost currently leads restaurant development and field operations for the chicken sandwich chain. The company also named a new chief operating officer.

The coffee shop giant will pay Niccol $85 million to make the jump from Chipotle Mexican Grill. Starbucks will also open a small remote office in California.

The Bottom Line: When Starbucks announced its hiring of the Chipotle Mexican Grill CEO to lead the company, investors poured money into the coffee brand—and hammered the burrito chain’s stock.

Executive Summary: The latest in leadership changes from restaurants and hotels across the country.

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