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May 03, 2015 5:08 PM ET

Hotels, Restaurants and Leisure

Company Overview of Potbelly Corporation

Company Overview

Potbelly Corporation, through its subsidiaries, owns and operates Potbelly Sandwich Works sandwich shops in the United States. It also sells and administers franchises of new Potbelly Sandwich Works sandwich shops. As of December 28, 2014, the company operated 351 shops in 26 states and the District of Columbia; and 12 franchised shops in the Middle East. The company was formerly known as Potbelly Sandwich Works, Inc. and changed its name to Potbelly Corporation in 2002. Potbelly Corporation was founded in 1977 and is headquartered in Chicago, Illinois.

222 Merchandise Mart Plaza

23rd Floor

Chicago, IL 60654

United States

Founded in 1977

7,000 Employees

Phone:

312-951-0600

Key Executives for Potbelly Corporation

Chairman, Chief Executive Officer and President
Age: 59
Total Annual Compensation: $725.0K
Chief Operating Officer and Senior Vice President
Age: 58
Total Annual Compensation: $410.9K
Compensation as of Fiscal Year 2014.

Potbelly Corporation Key Developments

Potbelly Corporation Appoints Julie Younglove-Webb as New Senior Vice President of Operations

Potbelly Corporation announced the promotion of Julie Younglove-Webb as its new Senior Vice President of Operations, effective May 1, 2015. Ms. Younglove-Webb will oversee all aspects of company operations. Prior to Potbelly, Ms. Younglove-Webb held a number of leadership positions within IBM, Kmart and Sears Holdings Corporation.

Potbelly Corporation Appoints Michael Coyne as Senior Vice President and Chief Financial Officer, Effective May 1, 2015

Potbelly Corporation announced the appointment of Michael Coyne as Senior Vice President and Chief Financial Officer, effective May 1, 2015. Mr. Coyne will oversee all financial functions and will also be charged with positively impacting Potbelly's analytical, productivity, and risk assessment capabilities. Mr. Coyne assumes his new role with nearly 30 years of experience in a number of leadership positions across a variety of top tier companies. Most recently, Mr. Coyne served as Senior Vice President, Small Business at CNA Financial Corporation, and prior to that served as divisional Chief Financial Officer of CNA's Property & Casualty Operations business.

Potbelly Corporation Announces Resignation of Charlie Talbot as the Chief Financial Officer, Effective March 27, 2015

On February 21, 2015, Charlie Talbot, the chief financial officer of Potbelly Corporation announced the company of his intention to resign from his position as CFO to accept another opportunity. The effective date of his resignation is March 27, 2015. Talbot will continue to serve as Potbelly's CFO, while an external search is underway, until his departure on March 27, 2015.

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Recent Private Companies Transactions

Type
Date
Target
Buyback
August 5, 2014
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