April 21, 2018 5:52 AM ET

Hotels, Restaurants and Leisure

Company Overview of International Dairy Queen, Inc.

Company Overview

International Dairy Queen, Inc. owns, operates, and franchises a chain of fast-food restaurants in the United States, Canada, and internationally. It offers foods, treats, drinks, cakes, and other food and beverage products. The company was founded in 1962 and is based in Minneapolis, Minnesota. International Dairy Queen, Inc. operates as a subsidiary of Berkshire Hathaway Inc.

7505 Metro Boulevard

Suite 500

Minneapolis, MN 55439-0286

United States

Founded in 1962

643 Employees

Phone:

952-830-0200

Fax:

952-830-0227

Key Executives for International Dairy Queen, Inc.

President & CEO
Chief Operating Officer
Vice President of Law and General Counsel
Age: 71
Secretary, Assistant Treasurer, and Controller
Age: 80
Director of Communications
Compensation as of Fiscal Year 2017.

International Dairy Queen, Inc. Key Developments

International Dairy Queen, Inc. Announces the Opening of the First DQ Grill & Chill N South Korea

International Dairy Queen, Inc. announced that the first DQ Grill & Chill location in South Korea has opened. This DQ Grill & Chillrestaurant, located in the Daehak-ro area of Seoul, is the first of 50 locations that are planned in South Korea within the next five years. Additional DQ Grill & Chilllocations will soon open in Itaewon, Gangnam and Hongdae. The DQ Grill & Chill locations in South Korea will serve fan-favorite DQ® treats and food, including the world-famous Blizzard Treats, which are served upside down, soft-serve cones with the signature curl on top, sundaes and DQ Cakes as well as a full range of food options such as GrillBurgers chicken strip baskets, chicken sandwiches and a variety of salads.

International Dairy Queen, Inc. Announces Executive Changes

International Dairy Queen, Inc. (IDQ) announced that effective Dec. 31, 2017, current President and Chief Executive Officer (CEO), John Gainor, will retire. Current Chief Operating Officer (COO), Troy Bader, will assume the role of IDQ President and CEO on Jan. 1, 2018. Gainor joined IDQ in 2003 as Chief Supply Chain Officer. He was promoted to President and CEO in 2008. In his nearly 10 years as IDQ President and CEO, Gainor continued to modernize the iconic 77- year-old brand. Bader currently serves as COO for IDQ in the U.S. and Canada. He is responsible for leading all IDQ core functions for the U.S. and Canadian businesses, including marketing, operations, franchise development and supply chain as well as various concept evolution initiatives. Bader joined the company in 2001.

The Dairy Queen System Announces Plans to Develop 50 DQ Grill & Chill Locations in Korea over Next Five Years

International Dairy Queen, Inc. announced the signing of a multi-unit development agreement to expand into the Republic of Korea with plans to open 50 DQ Grill & Chill locations within the next five years. The agreement is with the privately held M2G USA Investment, Inc. The DQ Grill & Chill locations in Korea will serve a full range of food options including its signature GrillBurgers, fan favorite chicken strip baskets, chicken sandwiches, a variety of salads and sandwiches. The DQ Grill & Chill restaurants will also feature the full menu of its world famous DQ treats, including the signature Blizzard Treats, MooLatte Frozen Coffee Flavored Beverages, soft-serve cones with the signature curl on top, sundaes and DQ Cakes.

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