Operations

Potbelly gets new CEO

Potbelly has named Alan Johnson CEO of the fast-casual chain.

Johnson, who will also serve as the brand’s president and have a seat on its board of directors, previously served as CEO of BevMo, a boozy beverage retailer. In the past, he has held C-level positions for PepsiCo’s restaurant segment in Eastern Europe, and had been a planning director for Pizza Hut.

“We are pleased to welcome Alan to Potbelly and to the Board,” Pete Bassi, Potbelly’s chairman of the board, said in a statement. “Alan is a dynamic leader with a long and proven track record of successfully leading retail and restaurant brands.

Potbelly’s previous CEO, Aylwin Lewis, parted ways with the chain in May after nine years in the job. Chief Financial Officer Michael Coyne had since been serving as interim CEO.

The fast casual is in the midst of revamping its restaurants, with the reveal of its new design slated for next year. It pointed to Johnson’s experience with spearheading brand turnarounds in a press release announcing his new role.

Potbelly’s same-store sales at company-owned locations dipped 4.8% during the most recent quarter, with the brand reporting a net loss. 

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

Papa Johns is reportedly weighing a buyout offer, again

The Bottom Line: The pizza chain is reportedly weighing an offer from Irth Capital Management that would take the company private, the latest in a long line of buyout rumors and reports.

Emerging Brands

Rice Mediterranean Kitchen brings Persian flavors to the table

This Iranian-American family has been slowly building a fast-casual Mediterranean brand with a Persian twist. It couldn't be more relevant.

Financing

Inside Omer Gajial's plans for Auntie Anne's owner GoTo Foods

The new CEO of the fast-food chain operator wants to build unit economics, improve the customer experience and build on its technology capabilities.

Trending

More from our partners