Latest news with #BurgerKing
Yahoo
a day ago
- Business
- Yahoo
Subway appoints Jonathan Fitzpatrick as new CEO
Subway has appointed Jonathan Fitzpatrick as its new CEO, effective from 28 July 2025. Fitzpatrick has more than two decades of experience in franchising and the quick service restaurant sector. His most recent role was as president and CEO of Driven Brands, where he led a team that achieved 17 consecutive quarters of same-store sales growth. His previous experience includes senior leadership positions at Burger King, where he served as executive vice-president and chief brand and operations officer. During his tenure at Burger King, Fitzpatrick was instrumental in executing the largest menu overhaul in the brand's history, streamlining restaurant operations and modernising the global image of the brand. In his new role at Subway, Fitzpatrick will collaborate closely with interim CEO Carrie Walsh to facilitate a smooth transition. Fitzpatrick stated: 'I'm honoured to lead this iconic brand that has been serving guests around the world for 60 years. 'Subway has a solid foundation built on decades of providing freshly made, better-for-you options with value and convenience. 'I'm excited by the opportunity to shape the future of the company, working alongside our valued franchisees and employees to help drive increased sales and franchisee profitability and grow our brand around the world.' In November 2024, Subway announced that its global CEO John Chidsey would retire at the end of the year. The company then appointed Carrie Walsh, who was serving as Subway's president for Europe, the Middle East, and Africa as interim CEO. "Subway appoints Jonathan Fitzpatrick as new CEO" was originally created and published by Verdict Food Service, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
a day ago
- Business
- Zawya
Subway appoints former Burger King executive as CEO
U.S. sandwich chain Subway on Monday named former Burger King executive Jonathan Fitzpatrick as its CEO starting July 28, tapping a fast-food industry veteran to lift sales and help expand its business globally. Most recently, Fitzpatrick served as president and CEO of automotive services firm Driven Brands. Prior to that, he held several leadership positions in Burger King, including executive vice president, and chief brand and operations officer. Subway, which operates nearly 37,000 restaurants worldwide, was bought by private equity firm Roark Capital about two years ago in a deal that valued the company at up to $9.55 billion, including debt. Fitzpatrick replaces John Chidsey, who stepped down at the end of last year after five years at the helm. The company said Fitzpatrick will work with interim CEO Carrie Walsh during the transition. (Reporting by Savyata Mishra in Bengaluru; Editing by Maju Samuel)
Washington Post
2 days ago
- Business
- Washington Post
Subway hires former Burger King executive as its new CEO
Subway has hired a former Burger King executive as its new CEO. The Miami-based sandwich chain said Monday that Jonathan Fitzpatrick will join the company on July 28. Fitzpatrick is the first CEO hired since Subway was bought by the private equity firm Roark Capital in 2024. And Roark didn't have to look far to find him.
Al Arabiya
2 days ago
- Business
- Al Arabiya
Subway hires former Burger King executive as its new CEO
Subway has hired a former Burger King executive as its new CEO. The Miami-based sandwich chain said Monday that Jonathan Fitzpatrick will join the company on July 28. Fitzpatrick is the first CEO hired since Subway was bought by the private equity firm Roark Capital in 2024, and Roark didn't have to look far to find him. Since 2012, Fitzpatrick has been the president and CEO of Driven Brands, which is also owned by Roark. Driven Brands is the parent company of auto service brands like Meineke Car Care Centers and Maaco. Before joining Driven Brands, Fitzpatrick held multiple senior leadership positions at Burger King, including executive vice president. Subway was founded in 1965 and was still owned by its founding families when it was purchased by Roark. It's one of the world's largest restaurant chains with nearly 37,000 outlets in more than 100 countries. But in recent years, Subway has been losing sales to fast-growing rivals like Jersey Mike's and Firehouse Subs. The company tried to catch up. In 2022, it announced a line of chef-developed sandwiches after finding that customers were tiring of Subway's traditional model of letting customers build their own subs. When Roark bought Subway, it said it planned to continue to modernize restaurants and expand internationally. It left in place Subway's CEO, John Chidsey, who was the first nonfamily member to lead Subway when he joined the company in 2019, but Chidsey retired late last year. Roark, which is known for its expertise in restaurant management, backs two holding companies that own multiple restaurant chains: Inspire Brands, the parent of Arby's, Dunkin', Jimmy John's, Sonic, and Buffalo Wild Wings; and GoTo Foods, which owns Auntie Anne's, Carvel, Cinnabon, and Jamba. In June, Roark bought Dave's Hot Chicken in a deal valued at $1 billion.
Yahoo
2 days ago
- Business
- Yahoo
Subway hires former Burger King executive as its new CEO
Subway has hired a former Burger King executive as its new CEO. The Miami-based sandwich chain said Monday that Jonathan Fitzpatrick will join the company on July 28. Fitzpatrick is the first CEO hired since Subway was bought by the private equity firm Roark Capital in 2024. And Roark didn't have to look far to find him. Since 2012, Fitzpatrick has been the president and CEO of Driven Brands, which is also owned by Roark. Driven Brands is the parent company of auto service brands like Meineke Car Care Centers and Maaco. Before joining Driven Brands, Fitzpatrick held multiple senior leadership positions at Burger King, including executive vice president. Subway was founded in 1965 and was still owned by its founding families when it was purchased by Roark. It's one of the world's largest restaurant chains, with nearly 37,000 outlets in more than 100 countries. But in recent years, Subway has been losing sales to fast-growing rivals like Jersey Mike's and Firehouse Subs. The company tried to catch up. In 2022, it announced a line of chef-developed sandwiches after finding that customers were tiring of Subway's traditional model of letting customers build their own subs. When Roark bought Subway, it said it planned to continue to modernize restaurants and expand internationally. It left in place Subway's CEO John Chidsey, who was the first nonfamily member to lead Subway when he joined the company in 2019. But Chidsey retired late last year. Roark, which is known for its expertise in restaurant management, backs two holding companies that own multiple restaurant chains: Inspire Brands, the parent of Arby's, Dunkin', Jimmy John's, Sonic and Buffalo Wild Wings; and GoTo Foods, which owns Auntie Anne's, Carvel, Cinnabon and Jamba. In June, Roark bought Dave's Hot Chicken in a deal valued at $1 billion. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
