Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 49
Financing

In a tough year for restaurants, CEO pay took a big hit

The highest-paid executive last year wasn't even a CEO, and three of the 10 best-paid chief executives no longer work for their companies.

Financing

'Cook-it-yourself' Asian chain GEN Korean BBQ plans an IPO

The 32-unit concept, started by a pair of longtime restaurateurs including the former owner of Baja Fresh, plans to raise $25 million in an initial public offering.

A Deeper Dive: R.J. Hottovy, head of analytical research for the data firm Placer.ai, joins the podcast to discuss the state of industry sales and traffic.

The Bottom Line: The burger chain’s unit volumes have lagged its competitors. One reason has been a morning daypart that hasn’t quite lived up to expectations. Can the brand’s new management fix it?

Carl Bachmann will jump from one fast-casual burger chain to the other when he takes over as BurgerFi CEO in July.

Investor James Alpi accuses Andrew Kellogg of buying off the struggling fast-casual pizza chain’s assets for $10,000, plus a 10-year note, despite receiving at least one offer for $1 million.

While employment in the industry is down overall, that decline is not spread evenly as operators shift toward production and away from service. But everybody is making more money.

The Bottom Line: Remember when the fast-casual burger business was going to take loads of share from traditional fast-food chains? It never quite got there.

A Deeper Dive: Barry Westrum, chief marketing officer for the Mexican fast-food chain, joins the podcast to discuss the trademark battle with Taco Bell.

The Bottom Line: Cava Group’s filing of its initial public offering documents could be the first of a few industry IPOs this year. But restaurant M&A remains weak.

The kitchen is the centerpiece of the pizza chain’s new Atlanta headquarters, which makes sense. Innovation has been the centerpiece of the chain’s comeback.

The Korean fried-chicken chain promoted its CFO to take over for Flynn Dekker.

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