Toronto – Patrick Doyle is the new executive chairman of Restaurant Brands International Inc.
As the former CEO of Domino’s Pizza from 2010 to 2018, Doyle led one of the restaurant industry’s most successful transformations by focusing on putting the guest experience first and being the best at digital ordering and food quality, Restaurant Brands said in a news release.
During his tenure, he delivered 29 consecutive quarters of same store sale increases, system-wide sales growth of $5.6 billion to $13 billion, increasing the share price over 23 times from nearly $12 in March 2010 to $271 in June 2018.
Daniel Schwartz and Alex Behring will continue to serve on the board of directors. Behring is a co-founder of 3G Capital and is currently co-managing partner. Schwartz is the former CEO and executive chairman of RBI and co-managing partner of 3G Capital.
“I’m excited to work closely with Patrick and our leadership team to build the most loved restaurant brands in the world. This includes our intention to rapidly accelerate growth in the company and deliver on plans that result in exceptional service for our guests; and excellent returns for our franchisees and for all shareholders,” said Jose Cil, CEO of RBI.
“I love the restaurant industry. These are four exceptional brands with real opportunities for accelerated growth. Working closely with each of the brands’ franchisees, with Jose, the whole RBI team, and the Board of Directors, I am confident we can create one of the most compelling growth stories in the industry,” Doyle said.
In the release, the board also noted that the company’s path to profitable, long-term growth needs to be rooted in the continued success of our restaurants, including enhancing the guest experience, growing franchisee profitability and driving digital sales.
Restaurant Brands International Inc. is one of the world’s largest quick-service restaurant companies with over $35 billion in annual system-wide sales and over 29,000 restaurants in more than 100 countries. RBI owns Tim Hortons, Burger King, Popeyes and Firehouse Subs.
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