May 27, 2017 10:14 PM ET

Hotels, Restaurants and Leisure

Company Overview of Culver Franchising System, Inc.

Company Overview

Culver Franchising System, Inc. owns and operates restaurants. The company also provides franchise services. Culver Franchising System, Inc. was formerly known as Culver’s Frozen Custard and ButterBurgers. The company was founded in 1984 and is based in Prairie du Sac, Wisconsin.

1240 Water Street

Prairie du Sac, WI 53578

United States

Founded in 1984

Phone:

608-643-7980

Fax:

608-643-7982

Key Executives for Culver Franchising System, Inc.

Chief Executive Officer, President and Chief Financial Officer
Co-Founder and Chairman
Age: 67
Co-Founder
Chief Operating Officer and Senior Vice President
Franchise Business Partner
Compensation as of Fiscal Year 2016.

Culver Franchising System, Inc. Key Developments

Culver Franchising System, Inc. Announces Executive Changes

Julie Schaubroeck has joined Culver Franchising System, Inc. as vice president of marketing. She comes to Culver's from American Family Insurance in Madison, Wisconsin, where she was associate vice president of brand and consumer marketing. Ms. Schaubroeck has over 17 years of sales and marketing experience gained through progressive roles in different industries. She worked on developing and marketing several food product lines during her 10 years with Kraft Foods. Ms. Schaubroeck replaces David Stidham, who left the organization in 2016.

Culver Franchising System, Inc. Announces Executive Changes

Joseph Koss, who has been chief financial officer for Culver Franchising System Inc. (CFSI) since 2000, will become president and chief executive officer effective January 1, 2017. Mr. Koss will assume the position formerly held by Phil Keiser who passed away from natural causes on October 15, 2016. Mr. Koss joined CFSI in 1997 as controller. Koss also has led the information systems team and business analysis team for the company. Also effective January 1, 2017, Senior Vice President Jeff Bonner will become chief operating officer. With over 35 years of restaurant experience, Mr. Bonner joined Culver’s in 1999 as a franchise business consultant. He was promoted to director of operations in 2002 before being named vice president of operations in 2006. Now, as senior vice president, he oversees operations, training and design services.

Culver Franchising System, Inc. Announces Demise of Phil Keiser, President and CEO; Announces Craig Culver as Interim CEO

Phil Keiser, Culver Franchising System, Inc.'s president and CEO, passed away of natural causes on October 15, 2016. Having worked for Culver's for 20 years, he was the leader of over 20,000 team members at 580 Culver's locations in 24 states. Co-founder, Craig Culver will assume the role of interim CEO until a successor is named.

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Recent Private Companies Transactions

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Date
Target
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