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Log In / Register | Apr 26, 2017
News of a change in the board of directors or a chief officer of a firm

Brix Holdings Promotes Craig Erlich to President

Craig ErlichDallas-based multi brand franchising company Brix Holdings, LLC announced yesterday the promotion of Craig Erlich to president. Erlich will oversee Brix's portfolio of franchise brands, which include franchisors Red Mango, Smoothie Factory, Souper Salad and RedBrick Pizza.

Franchise Brokers Association Names Paul Segreto as President

The Franchise Brokers Association (FBA) has announced the appointment of Paul Segreto as its president. The association focuses on educating, training, supporting and informing brokers who sell franchised businesses.

Phil Zeidman Steps Down after 56 Years of Service to IFA

Philip F. Zeidman, under DLA Piper and its predecessor law firms, has been the general counsel for the International Franchise Association since its inception 56 years ago.

Wells Fargo CEO Unexpectedly Steps Down

John G. Stumpf, scandal-plagued Wells Fargo CEO, stepped down earlier today effective immediately.

Big O Tires COO to Retire

Big O Tires announced today that its executive vice president and chief operating officer, Kevin Kormondy, has decided to retire from Big O Tires at the end of October 2016.

Dunkin’ to Replace Retiring President with Hoffmann of McDonald’s

Dunkin' Brands Group Inc. (NASDAQ: DNKN), the parent company of Dunkin' Donuts and Baskin-Robbins, announced this morning that David Hoffmann, 48, has been named president of Dunkin' Donuts U.S. and Canada, effective October 3, 2016.

Unishippers CEO Lockwood Steps Down, Board Appoints Lathrop as CEO

Salt Lake City-based Unishippers Global Logistics, LLC announced Wednesday that CEO Dan Lockwood will step down as its chief executive officer. He will transition to the position of executive chairman with the firm's board of directors. The franchisor's current president, Kevin Lathrop, will become Unishippers new CEO as well as continue as president.

Ruby Tuesday CEO Steps Down, Interim Chief Appointed

Upon disclosing that its same-store sales dropped by 2.7 percent for the last quarter, Ruby Tuesday Inc. (NYSE:RT) announced that its CEO James J. "JJ" Buettgen has stepped down. He is to be immediately replaced by F. Lane Cardwell, Jr., who will serve as interim president and CEO until a permanent replacement for Buettgen can be found.

Why Are CMOs Dropping Like Flies?

fly swatterTurnover for chief marketing officers is at an all-time high. In retail alone, almost half of the top U.S. chains over the past year have changed marketing leaders, according to global executive search firm Russell Reynolds Associates. Hospitality has high levels of marketer churn as well.

McDonald’s US President Andres to Retire, Kempczinski to Fill Position

Chris Kempczinski
Soon-to-be US president of McDonald's, Chris Kempczinski

McDonald's Corporation announced Wednesday afternoon that its U.S. president Mike Andres will retire from the company on January 1, 2017. Chris Kempczinski, current executive vice president of strategy, business development and innovation, will replace Andres.