Financing

Why restaurant chains are changing CEOs

The Week in Restaurants: This week, the restaurant news podcast features a discussion on the new CEO of Jersey Mike’s, the old CEO of Red Robin, why Jack in the Box is selling Del Taco, and restaurant technology disruptors.

There’s a revolving door in the C-suite.

This week’s episode of the Restaurant news podcast The Week in Restaurants features a discussion about Charlie Morrison, who was named CEO of the sandwich chain Jersey Mike’s. Morrison takes over for Peter Cancro, who has helmed the chain he founded for 50 years.

We also talk about Red Robin, where G.J. Hart resigned this week and was replaced by David Pace. We discuss where the casual-dining chain goes from here.

We also talk about Del Taco, which is on the market just three years after Jack in the Box purchased the chain. It’s not the first time a company got buyer’s remorse after acquiring a chain.

In addition, Joe talks about the restaurant technology disruptors that weren’t on Tech Check.

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