Wray Newsletter Masthead
Executive Movements
Famous Dave's of America Appoints Restaurant Industry Veteran Michael W. Lister as Chief Executive Officer, Succeeding Adam J. Wright.
Full Article »

Alexander H. Ware Named Chief Financial Officer for Buffalo Wild Wings.
Full Article »

Zoës Kitchen Names Casey Shilling Chief Marketing Officer.
Full Article »

Vanessa C. Fox Promoted to Corporate Vice President & Chief Development Officer at Jack in the Box Inc.     Full Article »

Schlotzsky's Names Claire Quinn Vice President of Global Marketing.   Full Article »

Pieology Pizzeria Hires Clay Sanger as Chief Operating Officer.
Full Article »

 

Financial Overview

Carrols Restaurant Group, Inc. Reports Financial Results for the Third Quarter of 2016.
 Full Article »


J. Alexander's Holdings, Inc. Reports Results for Third Quarter and First Nine Months of 2016.
 
Full Article »


Ruth's Hospitality Group, Inc. Reports Third Quarter 2016 Financial Results
 Full Article »


Del Taco Restaurants, Inc. Announces Fiscal Third Quarter 2016 Financial Results
 Full Article »


Domino's Pizza Announces Third Quarter 2016 Financial Results.
 Full Article »


Arby's Achieves Six Years of Consecutive Quarterly Same-Store Sales Growth.
 Full Article »


Chipotle Mexican Grill, Inc. Announces Third Quarter 2016 Results.
 Full Article »

 
Viewpoint
Really?
by Bob Gershberg, CEO/Managing Partner Wray Executive Search
Bob Gershberg

"Good morning Mr. Fumblebaum. I'd like to thank you for taking the time out of your busy schedule to meet with our search committee to interview for our CEO position. Why, I see here that while at the helm of your current brand you've seen 12 quarters of declining comps. These sure are challenging times, Mr. Fumblebaum. We've been sliding during that period as well. Balance sheet has seen substantive deterioration during your tenure too. Damned tough waters we swim in these days Fumblebaum."  
Full Article »
Quotes

"A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well."
--Jeff Bezos

Transition
Going Through a Transition? Read This
by Rebecca Patt, SVP Development, Wray Executive Search

Rebecca Patt
Recently, I found myself in a transition. The word "transition" popped into my mind as a good word to describe the big picture of the puzzling situation. Because I enjoy a magically synchronistic relationship with books and have used to books to synthesize much of my knowledge, I typed the word "transition" into my Kindle. Suddenly an ideal book appeared, which I subsequently devoured, entitled Transitions: Making Sense of Life's Changes by William Bridges.

Mr. Bridges articulates point-by-point some of the inner phenomena everyone goes through during big changes in life and shows how it is a universal experience. He talks about how ancient cultures would mimic the transitory phases to bring impact to their sacred rite-of-passage rituals and how the process is told and retold in the world's ancient myths. He offers hope, inspiration, structure, and a voice of reason for those lost in the wilderness of transition.

Full Article »
Financial Edge
The Disruptor
by David Ulrich, EVP Wray Executive Search

David Ulrich
According to the on-line Wiktionary site, there are two definitions of Disruption that are shown, 1) To throw into confusion or disorder and 2) To interrupt or impede something. The word disruption seems to be widely used within media outlets such as CNBC, and is associated with the technology companies like Google, Facebook, and PayPal, among others.
Full Article »

What's New

2016 Restaurant Finance & Development Conference Preview
by Kevin Stockslager, Associate Vice President at Wray Executive Search

Kevin Stockslager
This time next week, leaders in the restaurant and financial industries will converge upon Las Vegas, NV from November 14th-16th for the Restaurant Finance Monitor's annual Restaurant Finance & Development Conference (RFDC). Billed as the "premier financial conference in the restaurant industry," the conference provides an opportunity for restaurant owners, operators, and executives to connect with finance companies, investment banks, private equity firms, and other financial institutions to find financing, buy or sell businesses, and locate new or existing business opportunities. It promises to be an exciting and informative networking event for all in attendance.
Full Article »







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