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Log In / Register | Nov 21, 2017
News of a change in the board of directors or a chief officer of a firm

Starbucks CEO Schultz Stepping Aside to Focus on Ultra-Premium Concept

Starbucks Johnson & Schultz
Left-right: Kevin Johnson, Howard Schultz (Starbucks photo)

Starbucks Corporation (NASDAQ: SBUX) announced on Thursday that effective April 3, 2017, Howard Schultz will vacate his CEO position and be appointed executive chairman. He will continue in his present position as chairman of the board. 

Church’s Chicken Promotes Joe Christina to CEO

Church's Chicken announced today that Joseph Christina is succeeding Jim Hyatt as CEO.

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.