The troubled sandwich chain Quiznos
announced Monday the appointment of Doug Pendergast as the company's
new President and Chief Executive Officer.
Pendergast joins
Quiznos having previously held a variety of leadership roles in the
restaurant industry. Most recently, he served as President and CEO of
The Krystal Company. Prior to that, he held positions as Chief
Development & Franchising Officer for Craftworks, EVP & Chief
Franchise Officer for Church's Chicken, and VP of Strategy for AFC
Enterprises. He has also held positions with McKinsey & Company
and Procter & Gamble. Pendergast has an MBA from Harvard
University and a Bachelor's in engineering from Georgia
Tech.
Pendergast succeeds Stuart Mathis, who has resigned to pursue other opportunities. Mathis was appointed Quiznos CEO in July 2012, at a “time of change” for the company. The company filed for bankruptcy March 14, 2014, after sales shrank. The sandwich shop emerged from bankruptcy in July 2014 after restructuring its finances.
Pendergast succeeds Stuart Mathis, who has resigned to pursue other opportunities. Mathis was appointed Quiznos CEO in July 2012, at a “time of change” for the company. The company filed for bankruptcy March 14, 2014, after sales shrank. The sandwich shop emerged from bankruptcy in July 2014 after restructuring its finances.
Pendergast plans to help franchise
owners build their profitability, strengthen their businesses and
grow the brand for the future. “This is a critical and exciting
time for the brand. Quiznos is operating under a new food cost and
supply model that should improve restaurant economics and is in an
excellent position to build customer loyalty and frequency,”
Pendergast said in a company press release.
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