Vice president to assume top finance post just 18 months after arriving at Rave
The parent of Pizza Inn and Pie Five Pizza promoted Clint Fendley to chief financial officer. Rave Restaurant Group announced Fendley, who was hired in January of 2020 as vice president of Finance, will assume the new role at the company effective July 5, 2021.
According to Rave, Fendley helped “regain compliance with NASDAQ listing criteria, onboarded new auditors in 2020, and bolstered the Company’s finance controls, forecasting, and analytical capabilities.”
“The CFO title befits Clint’s contributions to our business and the esteem in which he’s held,” said Brandon Solano, Rave Restaurant Group president and chief executive.
He noted after Fendley’s arrival and during the pandemic, the company posted four, consecutive profitable quarters.
“Clint’s leadership has helped put Rave in a better financial position than we were pre-pandemic,” added Mark Schwarz, chairman of Rave.
Fendley previously worked for 7-Eleven’s finance and data analytics group. Fendley got his start in finance as an auditor for Price Waterhouse LLP. He also worked as a senior research analyst at Davenport & Company, LLC, an investment advisory and wealth management firm, before becoming its first vice president in 2009.
A Certified Public Accountant, Fendley earned his MBA from Vanderbilt University and his Bachelor of Business Administration degree from Abilene Christian University.
“My time at Rave has been nothing short of extraordinary,” noted Fendley, “Despite the many obstacles we encountered during the Covid-19 pandemic, our team demonstrated innovation, resilience, and commitment to Rave’s long-term success. I’m excited to continue growing the financial performance of Pizza Inn and Pie Five Pizza in this new role.”
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