Rave Restaurant Group, parent company of the struggling Pie Five chain, named Brandon Solano as its CEO, the company announced Monday.
Pie Five, which two years ago had around 100 units, finished the quarter ended June 30 with 58 stores after shuttering 15 locations in the past year. In September, it reported a same-store sales nosedive of 7.3% for the quarter.
The Dallas-based company is also the parent of Pizza Inn, which is a bright spot. The 155-unit chain notched its 10th-straight quarter of sales increases, with same-store sales growth of 2.2%.
In August, Pie Five hired industry veteran Scott Black as its vice president of operations.
During Solano’s tenure, Pei Wei recorded its best traffic in seven years and made headlines for its creative jabs at competitor Panda Express.
Solano previously worked for Domino’s Pizza as vice president of innovation and vice president of development. He was also the CMO of Wendy’s.
"Brandon has been a difference maker for multiple brands in the restaurant space," said Mark Schwarz, chairman of Rave Restaurant Group, in a statement. "He has a history of driving profitable traffic and leading brands to cultural relevance. He has communicated provocatively, even telling consumers Domino's pizza wasn't great and could be better.”
Solano said Rave’s pizza brands have “tremendous upside.”
“We will be disruptive in the space and make consumers rethink their pizza choices while supporting our communities, franchisees and employees,” he said in a statement.
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