Viewpoint
Regaining Lost Ground in the Talent Battlet
Did your company do enough to attract and retain top talent during 2009? Likely not. Most froze hiring, many made across-the-board cuts and still others failed to recruit and retain A-players. As the winds of recovery take hold, competition for top talent will be fierce. Turbulent times coupled with uncertainty should beget zeal rather than reluctance to invest in recruiting top talent.
Big News
McDonald's Corporation Elects Don Thompson as President and COO; Jan Fields and Jim Johannesen named to lead McDonald's USA.
OAK BROOK, Ill., Jan. 11 -- Jim Skinner, Chief Executive Officer of McDonald's Corporation, today announced that Don Thompson, currently President of McDonald USA, has been elected to the role of President and Chief Operating Officer, with oversight responsibility for the company's 32,000 restaurants worldwide.
At the same time, Skinner and Thompson jointly announced the promotions of Jan Fields, currently Executive Vice President and Chief Operations Officer for McDonald's USA, to succeed Thompson as President of McDonald's USA, and Jim Johannesen, currently U.S. Division President--Central Division, to succeed Fields as Executive Vice President and Chief Operations Officer for McDonald's USA.
Executive Movements
JOHN FULLER has been named chief executive of JOHNNY ROCKETS GROUP INC., parent of the 280-unit 1950s-style diner chain, replacing LEE SANDERS.
DENNY'S CORP. said chief marketing and innovation officer, MARK CHMIEL, and chief operating officer, JANIS EMPLIT, have resigned. Senior director of product innovation, ANDY DISMORE, reportedly also left the Spartanburg-based company.
JOHN CULVER has been named president of STARBUCKS COFFEE INTERNATIONAL, replacing MARTIN COLES, who resigned to pursue new opportunities.
Financial Overview
BJ's Restaurants, said it had preliminary, unaudited revenues of $112.6 million for the fourth quarter ended Dec. 29, up 13.4 percent from the same period a year earlier.
RUBY TUESDAY INC., parent of the 672-unit casual-dining chain, reported this week that it swung to a profit in its latest quarter from a year-ago loss with help from better sales and traffic trends.
Winter weather and the continued economic slump hurt sales at CKE RESTAURANTS INC., the company said Wednesday, leading to same-store sales decreases of 8.9 percent at Carl's Jr. and 3.2 percent at Hardee's.
Unlike in 2008, when the majority of restaurant stocks covered by the NATION'S RESTAURANT NEWS STOCK INDEX saw annual price declines, the majority of the 58 public restaurant firms tracked posted increases in 2009.
Executive Chat
Restaurant Executives vs. The Economy. It's a Throwdown, Vegas-style, when restaurant executives describe in about 30 seconds each what they're doing to beat the economy.
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Chief Development Officer - International/Southeast
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Well-established multi-brand QSR company with 500+ locations globally, requires an individual with a strong track record of success in international development focused in China, UK, Germany, and Russia. This individual must be an individual who leads by example, exhibits a "hands on" style of management, and recognizes the sense of urgency in regards to development schedules.
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Director of Catering - Denver, CO
$500m national restaurant company seeks Director of Catering to lead and energize its catering department. Seeking rock star who has demonstrated success with developing and driving a catering program for a top restaurant chain.-
Business Development position for major restaurant company's leisure services division. Company will relocate.
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Director of Business Development Leisure Services- Los Angeles
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Area Operations Director - Mid Atlantic
Exciting well-established QSR national restaurant company requires an individual with a strong multi-unit, multi state operational background in quick service, high volume dining, an individual who is driven to excel and can demonstrate a record of significant accomplishments.- The Director of the Conference Center is responsible for overseeing the central reservations function, all aspects of conference and client center planning and extensive reception services at two corporate conference locations in New York and New Jersey.
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Director Corporate Conference Center Multi-Site - New York City
- Excellent opportunity for Regional Operations Director to oversee 8 units and $25m in sales for leading casual-dining chain. The company is profitable, growing, debt-free and is known for its positive, service-oriented culture.
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