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Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 5
Financing

U.S. pizza chains hit a post-pandemic wall

The Bottom Line: Growth that came so easy to pizza delivery chains like Domino’s, Pizza Hut and Papa Johns is now much harder to come by. And now two of them are looking for new leadership.

Food

Chick-fil-A walks back some of its antibiotic commitments, citing shortages

The chicken sandwich chain will serve chicken that hasn’t been treated with human antibiotics, saying it was necessary to maintain supplies for the company's restaurants.

Leadership

David Graves is out as president of Pizza Hut U.S.

Aaron Powell, the pizza chain’s global CEO, will take over management of the restaurant brand domestically while a replacement is found.

Financing

Restaurants lost customers and sales at the end of last year

Same-store sales at restaurants slowed markedly in the second half of 2023. But for all the concern about fast-food brands like McDonald's, it was casual-dining restaurants that had the biggest problem.

Financing

In hiring Rob Lynch away from Papa Johns, Shake Shack enters a new era

The Bottom Line: The fast-casual burger chain chain lured one of the restaurant industry’s up-and-coming chief executives with $7.3 million in signing bonuses and stock awards.

Financing

Subway's move to Pepsi highlights a changing beverage market

The Bottom Line: The fast-food sandwich chain's new beverage contract is aimed at breathing life into its drink sales as consumers order fewer sodas with their subs at its restaurants.

Leadership

Shake Shack names Rob Lynch CEO

The fast-casual burger chain is plucking the Papa Johns chief executive to take over for Randy Garutti in May. Ravi Thanawala will become the pizza chain’s interim CEO.

Financing

How a more diverse C-suite is helping restaurants

A Deeper Dive: Therese Gearhart, president and CEO of the Women’s Foodservice Forum, joins the podcast to talk about the industry’s track record of promoting women.

Financing

Franchise tension mounts as the restaurant industry changes

The Bottom Line: Restaurant brands want traffic. Franchisees want profitability. The current operating environment is making that a tough choice and the result has increased tension at many franchises.

Financing

Chipotle announces a 50-for-1 stock split

The fast-casual Mexican restaurant chain is also giving general managers and longtime employees a one-time equity grant. The stock split, the company's first in its history, will take place in June.

Financing

Subway inks a new international development deal

The fast-food sandwich chain reached a deal with McWin Capital Partners to take over management of the restaurant brand in France, the Czech Republic, Luxembourg and Belgium.

Leadership

Chris Kempczinski to become McDonald's chairman

The fast-food chain is combining the CEO and chairman roles for the first time in 20 years as longtime director and Chairman Enrique Hernandez steps down.

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