Arby's® Names Paul Brown CEO
Respected Business Leader Brings Track Record of Growth to Arby's
ATLANTA, April 30, 2013
ATLANTA, April 30, 2013 /PRNewswire/ --Arby's Restaurant Group, Inc. today
announced that Paul Brown will join the company as Chief Executive Officer.
Brown has extensive experience and a proven track record in leading global
brands, franchising, hospitality and corporate performance improvement
including roles at Hilton Worldwide, Inc., Expedia, Inc., InterContinental
Hotels Group and McKinsey & Company. Brown's start date will be May 13, 2013.
"Paul is the ideal leader to further Arby's strategic vision and build upon
our strong sales performance and momentum. He will strengthen the
collaborative relationship between Arby's franchisees, employees, suppliers
and stakeholders," said Jon Luther, Chairman of the Arby's Board of Directors.
"We're thrilled to be able to attract his level of talent, which is
indicative of our future growth potential."
"Paul is an exceptional brand builder. He is known for his unique insights
and business acumen, both of which will drive the continued growth of this
great brand," added Neal Aronson, Founder and Managing Partner of Roark
Capital Group, the majority owner of Arby's.
As CEO, Brown will lead Arby's through its continued revitalization. He will
work with franchisees and Arby's management to enhance the company's culture,
systems and processes to further innovate Arby's product offerings, improve
the customer experience and achieve strong financial results. Hala Moddelmog
will report to Brown and continue to serve as President of Arby's. Under her
leadership, Arby's has registered nine consecutive quarters of same store
"I've long admired the Arby's brand and I see tremendous growth opportunity
for the entire organization," said Mr. Brown. "Arby's has a loyal franchisee
base, a talented management team, a terrific product offering and passionate
customers. I'm honored to partner with all of our stakeholders to grow this
Brown comes to Arby's from Hilton Worldwide, Inc., a global hospitality
company comprises more than 3,900 properties, with 650,000 rooms in 90
countries across 10 brands including Waldorf Astoria Hotels & Resorts, Hilton
Hotels & Resorts, DoubleTree by Hilton, Embassy Suites Hotels, Hilton Garden
Inn and Hampton Hotels. As Hilton Worldwide's President of Brands &
Commercial Services, Paul Brown was the company's global leader for brand
management, product standards, marketing, sales, pricing, eCommerce, loyalty
program, franchise relations and information technology.
Brown joined Hilton Worldwide in November 2008. Previously he served as
President of Expedia.com. Prior to Expedia, Brown was a partner at McKinsey &
Company. Based in London, he was a leader of the firm's global travel and
hospitality practice and served clients in all sectors of the travel and
Brown also worked at InterContinental Hotels Group, where he served as Senior
Vice President of Global Brand Services and was responsible for global sales,
reservations, the Priority Club loyalty program, e-commerce and purchasing.
He was also a Manager for The Boston Consulting Group in the firm's Chicago
and Atlanta offices.
Brown serves as a member of the board of directors of H&R Block, Inc., the
Georgia Tech Advisory Board and the Junior Achievement of Greater Washington.
He has also served as an Executive-in-Residence at the Cornell University
School of Hotel Administration.
Brown holds a MBA from Northwestern University's Kellogg Graduate School of
Management and a Bachelor of Science degree from Georgia Tech.
About Arby's Restaurant Group, Inc.
Atlanta-based Arby's Restaurant Group, Inc. is the second largest
quick-service sandwich chain in the U.S. with more than 3,400 restaurants
system wide. In addition to its classic Roast Beef and Beef 'n Cheddar
sandwiches, slow-roasted and thinly sliced in store daily, Arby's is also
known for its deli-style Market Fresh® line of sandwiches and salads, Curly
Fries and Jamocha Shakes. In 2011, Arby's introduced Ultimate Angus, a
premium, 100 percent Black Angus beef featured in freshly prepared sandwiches.
In 2012, Arby's launched a line of premium turkey sandwiches called Hot Turkey
Roasters. To learn more about Arby's, please visit www.Arbys.com.
About Roark Capital Group
Roark Capital Group is an Atlanta-based private equity firm that specializes
in franchise/multi-unit, brand management, consumer products and services,
environmental services and business services companies with attractive growth
prospects. Its brands have over 11,000 locations and $10 billion in
system-wide revenues across 50 states and 60 countries. Roark focuses on
middle-market investment opportunities through family-owned business
transfers, management and corporate buyouts, recapitalizations, going-private
transactions and corporate divestitures. The firm has approximately $3 billion
of equity capital under management. For more information, visit
SOURCE Arby’s Restaurant Group, Inc.
Contact: Ashley Whitlock, Edelman, 404-460-1483, firstname.lastname@example.org,
or Jo Ann Herold, Arby's Restaurant Group, Inc., 678-514-4211,
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