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Financial Edge

Franchising continues its upward trend in 2015

by David Ulrich, EVP Wray Executive Search

David Ulrich

For the past 2-3 years there has been a significant movement in the franchising world throughout the restaurant industry, and according to the International Franchise Association (IFA), 2015 should be on track to have an overall increase of 5.1%, with QSR and Retail oriented businesses leading the pack. Recent announcements by Wendy's, T im Horton's, and of course T im Horton's new parent Burger King, tll us hat they have had big plans to sell off their corporate locations to their franchisee community; therefore making the ratio of corporate to franchise owned heavily skewed in the franchising column.   Full Article  

Financial

Restaurants: Recognizable Financial Realities in 2015

by John A. Gordon, principal and founder of Pacific Management Consulting Group

John A. Gordon

The restaurant space slogged it out in 2014. Finally, with meaningful wisps of economic recovery seen in Q4 and more disposable income running in the system, hope of discretionary spending is seen. Several attractive IPOs, Habit (HABT), and Zoe's (ZOES) made it through the gauntlet and with more to come in 2015 (SHAK and others). More unit growth, more concepts, more creation. On January 5, Jim Cramer of CNBC said that domestic restaurants are key to the market performance in 2015.  Full Article  

Executive Movements

The Board has elected Steve Easterbrook to replace Don Thompson as President and CEO. Easterbrook was also elected to the Board of Directors, filling the vacancy created by Thompson.
Full Article 


(Annother stellar Wray Search Placement) Hurricane Grill & Wings, announced today that Fred T. Grant will be joining the executive team as Chief Financial Officer to oversee all financial functions for the company. Full Article 

Johnny Rockets announced the promotion of James Walker to President of Operations and Development.  Full Article 

Chick-fil-A Inc. named a new chief financial officer, chief marketing officer and chief people officer. Full Article 

The Grilled Cheese Truck Inc. Announces the Appointment of Al Hodges As CEO Full Article 

Michael Lubitz named Chief Financial Officer of My Fit Foods™  Full Article 

Cinnabon promotes Guith to president; Kat Cole moves to FOCUS Brands  Full Article 

Craig Grimes, appointed CEO, replaced CEO Daniel Dolan, who will remain the company's chairman.  Full Article 
More Executive Movements 
Financial Overview

Levy Acquisition Corp in the lead to acquire Del Taco -sources. Full Article 

Chipotle Mexican Grill, Inc. Fourth Quarter 2014 Revenues Up 26.7 Percent.   Full Article 

McDonald's Full Year 2014 Global Comparable Sales Down 1.0%.  Full Article 


Yum! Brands Reports Full-Year EPS Growth of 4%.   Full Article 


Dunkin' Brands Reports Fourth Quarter & Fiscal Year 2014 Results.  Full Article 

Captain D's Reports 5.7 Percent Same-Store Sales Growth in Q4. Full Article 

Starbucks Q1 Consolidated Net Revenues Increased 13%. Full Article 
More Financial News
 
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"Before you are a leader, success is all about growing yourself. When you become a leader, success is all about growing others."
~Jack Welch, former GE
chairman and CEO



Executive Chat

Featuring Robyn Watt, new Assistant Vice President of Wray Executive Search

by Rebecca Patt, Vice President of Development, Wray Executive Search

Rebecca Patt


Rebecca: What are you most looking forward to about working at Wray Executive Search? Robyn: Part of the reason I joined is being a former client I had the understanding of how the business works and the infrastructure from the agency side. The experience with Wray Executive Search was always the highest level of professionalism and ethics and that was important to me personally and as a brand ambassador within my organization. For the importance to my company as well as my hiring strategies, Wray met all my objectives. I worked with Wray at Arby's, Krystal, and Steak n' Shake. I handled the entire US for recruiting from A to Z we did high level and overseas recruiting with Wray.  Full Article 
Culture Matters

Creating a Team-Building Culture

by Tom Rollert, Vice President of Culture Integration, Wray Executive Search

Tom Rollert

Engaged employees are excited and enthusiastic about their jobs. They resist distractions, tend to forget about time, and routinely produce significantly more than the job requires. They enjoy searching for ways to improve circumstances, and they volunteer for difficult assignments. They also encourage others to achieve higher levels of performance. Finally, they are proud to be involved with their organization and are likely to stay with the company for the long term.  Full Article  







A few of this month's opportunities