Red Robin appoints Todd Wilson as chief financial officer amid slew of leadership changes

Red Robin appoints Todd Wilson as chief financial officer amid slew of leadership changes

5 of the seven govt management positions at Crimson Robin are altering. / Photograph: shutterstock

GJ Hart wasted no time making modifications at Crimson Robin.

The 520-unit burger chain on Monday introduced a collection of management strikes, together with a brand new chief monetary officer, chief authorized officer and the departure of its CIO and chief conceptual officer, paving the way in which for a virtually fully revamped C Group below Hart, Who took charge last month.

Listed below are the modifications:

  • Todd Wilson would be the chain’s new chief monetary officer beginning November 7, changing Lynn Schwienfurth, who’s retiring.
  • Sarah Mouster is bringing her again to the corporate as Chief Authorized Officer after leaving final 12 months. She replaces Michael Kaplan, who lately left for an additional job.
  • CIO Darla Morse and Idea CEO Jonathan Mohta shall be leaving “to pursue different skilled and private pursuits.”

With varied appointments and departures, 5 of Crimson Robin’s seven govt positions may have modified palms since former CEO Paul Murphy retired final month.

Remaining from the earlier regime was Chief Working Officer Michael Buchmeier and Chief Personnel Wayne Davis. Murphy continues to function Hart’s advisor.

“Since changing into CEO in early September, my focus has been to construct on the muse that has been laid in order that we will greatest ship on our model promise and ship a definite restaurant expertise to our friends,” Hart stated in a press release. “I consider that each Todd and Sarah convey plentiful expertise and experience to assist us obtain these objectives.”

Most lately, Wilson served as Chief Monetary Officer of Hopdoddy Burger Bar from 2018 to 2022. Previous to that, he held monetary management positions at Jamba, Fleming’s Prime Steakhouse and Carrabba’s Italian Grill.

He changed Scweinfurth, who had been with the corporate since January 2019. Her almost 30-year profession has included Pizza Hut, Yum Manufacturers, Brinker Worldwide and Fiesta Restaurant Group.

“Our honest appreciation goes to Lynn and all her work and dedication throughout a number of the most difficult intervals in our model’s historical past,” Hart stated. “Throughout her tenure, we transitioned to a brand new CEO at Paul Murphy, tackled the challenges of COVID-19 and, specifically, created a brand new credit score facility.”

Mussetter returns to Crimson Robin after a brief stint at tech firm Skillsoft. Previous to that, I labored with Crimson Robin for 10 years as Assistant Common Counsel after which Vice President, Deputy Common Counsel.

It would start on December 5, with Jeff Hoban persevering with to function interim authorized chief till then.

Musester’s predecessor, Kaplan, was with Crimson Robin for over 9 years. He’s now a senior vp and common counsel for dwelling builder MDC Holdings, based on LinkedIn.

Morse joined Crimson Robin final April, whereas Muhtar had been with the chain for almost seven years, first as Chief Idea Officer after which as Chief Conceptual.

Vice President of Know-how Deena DePhillips will lead the IT division as the corporate searches for a brand new CIO. Amy Wolin, Vice President of Advertising and marketing and Model Engagement, shall be accountable for advertising and marketing till a brand new CMO is known as.

Hart thanked Morse and Mukhtar for his or her contributions, noting that Morse helped launch a brand new app and scheduling platform and that Muhtar spearheaded roster improvements, executives and the chain’s nice loyalty program, Crimson Robin Royalty.

“We want them nicely as they transition into new alternatives,” Hart stated.

Hart has expertise with main restaurant manufacturers throughout transitions. He helped greater than double Torchy’s footprint after becoming a member of the chain in 2018, spearheaded enhancements at California Pizza Kitchen and led Texas Roadhouse by its preliminary public providing in 2004 as president.

He inherits a streak that has been slower than others to get well from the pandemic. Gross sales final 12 months remained down 10% in comparison with 2019. Extra lately, it has suffered from Sales and traffic slowdown The prices of the products are increased, very similar to their counterparts in informal eating places.

Crimson Robin will announce third-quarter outcomes Wednesday. It will likely be the collection’ first earnings report with Hart on the helm.

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