Financing

Carrols Restaurant Group names Timothy LaLonde interim CFO

The franchisee’s former controller takes over for the late Paul Flanders.
Photograph by Jonathan Maze

Big Burger King franchisee Carrols Restaurant Group on Monday named Timothy LaLonde interim CFO.

The longtime industry finance executive takes over the position for the late Paul Flanders, who passed away earlier this month.

LaLonde is the company’s former controller and is taking the job on a temporary basis, Carrols CEO Dan Accordino said. He most recently had been the CFO of barbecue chain Dinosaur Restaurants and was the controller of Carrols between 1997 and 2017. He held several finance and accounting positions before that.

“We greatly appreciate Tim for stepping into the CFO role on an interim basis until we identify and appoint a quality candidate to fill the position permanently,” Accordino said in a statement.

Carrols operates 1,087 restaurants. All but 60 are Burger King locations, with the rest being Popeyes Louisiana Kitchens.

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Financing

Despite their complaints, customers keep flocking to Chipotle

The Bottom Line: The chain continued to be a juggernaut last quarter, with strong sales and traffic growth, despite frequent social media complaints about shrinkflation or other challenges.

Operations

Hitting resistance elsewhere, ghost kitchens and virtual concepts find a happy home in family dining

Reality Check: Old-guard chains are finding the alternative operations to be persistently effective side hustles.

Financing

The Tijuana Flats bankruptcy highlights the dangers of menu miscues

The Bottom Line: The fast-casual chain’s problems following new menu debuts in 2021 and 2022 show that adding new items isn’t always the right idea.

Trending

More from our partners