Tom Song will step down as CFO of Applebee’s and IHOP parent Dine Brands on Jan. 22 to assume a new job outside of the restaurant industry, the franchise company said in a securities filing.
The CFO role will be assumed on an interim basis by Allison Hall, currently VP and corporate controller, Dine Brands said. She will report to the company’s incoming CEO, John Peyton. The new corporate chief will assume his job from Steve Joyce on Jan. 4.
“Allison is a talented financial executive with a deep understanding of Dine Brands,” Richard Dahl, the chairman of Dine Brands’ board, said in a statement. “Since joining the company 13 years ago, she has helped lead us through a number of important transactions, including our securitization and several debt restructurings, and has overseen the integration of our financial systems. Allison is well qualified to lead our world-class financial team during this transition period.”