One of the oldest restaurant chains in the country has a new CEO.
A&W Restaurants on Tuesday named Betsy Schmandt to the role of CEO and president, replacing Kevin Bazner, who is shifting to the role of chairman.
Schmandt has served as the Lexington, Kentucky-based chain’s chief operating officer and president for the past 18 months, leading day-to-day operations. Before joining A&W, she was president of franchising for Mrs. Fields and TCBY.
“Since joining A&W, Betsy has quickly made an impact here by providing strategic direction, operational insights, and innovatie ideas to propel our brand ahead,” said Bazner, in a statement. “Her passion and dedication to the brand is what assures us she’s the right person for the role.”
Founded 105 years ago, A&W has over 850 locations in 35 states and Asia, of which more than 600 are single-brand restaurants, and 230 are co-branded with KFC or Long John Silver’s. A&W was part of the Yum Brands portfolio before being sold to franchisees in 2011.
The quick-service concept is known for its root beer, made fresh in restaurants with the recipe dating back to 1919 and served in frosty mugs. The menu also includes burgers and fries, hot dogs and other quick-service classics.
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