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Marco’s Pizza promotes Tony Libardi to co-CEO role

Move recognizes former COO for igniting growth, improving tech, OPS

Marco’s Pizza promoted Tony Libardi, president and chief operating officer, to the position of co-CEO and president, setting the stage for a future leadership transition. Libardi came over to Marco’s Pizza from Burger King in 2014, igniting same-store sales growth at the pizza chain and increasing unit count by 100 percent while growing franchisee profitability.

Libardi joined Marco’s then-chief executive, Jack Butorac, in the executive suite in December. Butorac became CEO in 2004.

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In addition, he made major tech advances, including consolidating stores to a single POS (point-of-sale) system and introducing online ordering, the Marco’s mobile app and third-party delivery. During his tenure, Marco’s Pizza launched its first national advertising campaign and improved operational standards, while posting double-digit same store sales in 2020, as well.

Indeed, 2020 was an impressive year for Marco’s Pizza, as suggested by a recent announcement. Libardi is credited with leading his team to new development agreements for 114 stores and opening 70 new units, including the milestone 1000th store.

[Related article: Marco’s Pizza opens milestone 1000th store]

Butorac said, “Under Tony’s leadership, Marco’s evolved into a performance-driven culture that revolves around putting ‘People First.’ Marco’s has doubled in size with a tremendous group of franchise partners. We are very proud of the dedication, commitment and the overall impact he’s had on this brand.”

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During the pandemic, Marco’s Pizza accelerated the testing of pilot programs including ghost kitchens in several strategic markets, fast rollout of third-party delivery, and testing of robotic kitchen automation that the Toledo, Ohio-based pizza chain says improves efficiencies “without compromising pizza quality or craftsmanship.”

Marco’s Pizza operates and franchises more than 1,000 pizza locations. Its stores posted an approximate $918K AUV in 2019.

Photo credit: Marco’s Pizza (featured preview image)

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