Former Dunkin’ finance chief assumes CFO role as David Pipes retires
Inspire Brands named Kate Jaspon chief financial officer and she will assume her new responsibilities this month. Jaspon, who served as CFO of the newly-acquired Dunkin’ Brands business, succeeds David Pipes, who announced his retirement. Inspire Brands’ portfolio of restaurants includes several large restaurant chains, including Sonic Drive-In, Buffalo Wild Wings, Dunkin’ and Arby’s Restaurants.
After 15 years in finance and treasury, Jaspon is well-suited to fill the recently-opened position. As the new CFO of Inspire Brands, she will oversee accounting and reporting, tax, financial planning and analysis, and internal audit. In addition, she will liaise with financial institutions, stakeholders and investors on behalf of the restaurant company.
“Working with Kate while Dunkin’ and Baskin-Robbins were joining the Inspire family, it became clear that she was an amazing fit with Inspire,” said Paul Brown, chief executive of Inspire. “Her financial acumen, leadership, and strong relationships with the investment community solidified that she’s ideal for this role.”
Jaspon joined Dunkin’ Brands in December 2005 as assistant controller and was later promoted to vice president ,Finance and Treasury and corporate controller, and was appointed chief financial officer in June 2017. She led the company through key equity offerings and debt securitization, also spearheading the divestiture of the Togo’s brand and integral in the process to sell Dunkin’ to Inspire.
After her transition to her new role, Jaspon will be based in Atlanta, Ga.
Pipes announced his retirement after nearly two decades with Arby’s and Inspire. He began his storied career in 2003 with Arby’s franchisee RTM. Pipes was key in Arby’s 2005 acquisition of RTM, as well as Arby’s subsequent merger with Wendy’s International in 2008. He was also involved in the formation of Arby’s/Wendy’s Group prior to the Roark Capital acquisition of Arby’s in 2011.
In just a few years, Pipe was also a key player in acquisitions, including Arby’s purchase of Buffalo Wild Wings and the 2020 acquisition of Dunkin’ and Baskin-Robbins. He also was pivotal in the formation of Inspire Brands in 2018.
Brown added, “While I’m certainly sad to see him leave the company, I’m also pleased to know that he can look back on his career and legacy at Arby’s and Inspire with an immense sense of pride for all that he has accomplished and the team he has built.”
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