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Category: Restaurant Leadership

Jose Cil promoted to RBI CEO, Josh Kobza to RBI COO
Inspire Brands Closes on Sonic Acquisition

Inspire Brands finalizes deal to acquire Sonic, adds $12B QSR chain to Roark Capital portolio

Sonic is now part of the Roark Capital portfolio of restaurant companies with Inspire Brands finalizing its acquisition of the $2.3B deal for the quick-service drive-in chain. Inspire Brands is led by Paul Brown and Sonic will be led by Claudia San Pedro, serving as Sonic president, announced post-acquisition agreement. Cliff Hudson will be a senior advisor to Sonic until next March for transition purchases.

Patrick Grismer si the new Starbucks CFO

Starbucks taps ex-Hyatt executive to succeed Maw as chief financial officer

Starbucks has named Patrick Grismer executive vice president and chief financial officer, succeeding Scott Maw, who is retiring at the end November. Grismer will report to Kevin Johnson, Starbucks president and chief executive. Grismer brings global financial expertise from leadership roles in several large, consumer-facing companies, including Hyatt Hotels, KFC parent Yum Brands and The Walt Disney Company, spending more than 25 years as these hospitality and foodservice behemoths.

Winsight takes over management of NRA Show 2019

National Restaurant Association forges equity deal with Technomic parent

According to an announcement from Technomic, its parent, Winsight LLC, has forged a new deal with the National Restaurant Association, expanding its penetration of the foodservice information services market in the U.S. The agreement for an undisclosed amount will hand over operational oversight of the National Restaurant Association Show to Winsight, and the Association will gain an advisory board seat and an equity partnership with Winsight.