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The former McDonald's executive will also serve as the fast casual’s chief of staff.
The industry veteran received the promotion after five years with the company.
Jim Mazany, new CEO of parent company SPB Hospitality, points out that he’s walked this path a time or two before.
The longtime industry executive will focus on generating sales with improved restaurant performance.
Steve Easterbrook argues that he complied with terms of his firing late last year and that he should be able to keep stock grants.
Management also reported that sales have rebounded to within 28.2% of pre-pandemic levels.
Salaries are being reinstated to pre-COVID levels, and an investor will still monitor board discussions despite a shareholder vote.
The former COO of TGI Friday's joins the multi-brand operator SPB Hospitality.
The company named Kristen Hartman president of its specialty brands, including Auntie Anne’s and Cinnabon, while Erik Hess will oversee Moe’s, Schlotzsky’s and McAlister’s Deli.
The company said that Steve Easterbrook “abused the trust” of coworkers and others in lying about other relationships and destroying evidence.
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