17 CEO changes shaking up the restaurant industry this summer


The 18th deal for the owner of Johnny Rockets and Twin Peaks gives the company another casual-dining chain.

The gap between loyalty and non-loyalty discounts is narrowing, according to Paytronix, as some restaurants make their rewards programs less generous.

Krispy Kreme CEO Mike Tattersfield, who is stepping down from that position in January, will become the company’s board chairman. Former Starbucks CFO Patrick Grismer will become lead independent director.

Advice Guy: Even if your catering proposals have a low conversion rate, it’s a good idea to put a time limit on them and keep track of which proposals went out for each event date.