"You learn a lot about someone when you share a meal together."
~Anthony Bourdain
Executive Movements

First Watch Restaurants Announces CEO Transition
Chris Tomasso to succeed Ken Pendery

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Wingstop Appoints Maurice Cooper Senior Vice President and Chief Marketing Officer
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Iconic Leader and Visionary Entrepreneur Howard Schultz to Bid Farewell to Starbucks after 40 Years
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B.Good Appoints Chris Fuqua as New CEO

Ruth's Chris Parent Names Cheryl Henry CEO
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Jayson Tipp Named CEO of Pincho Factory

Brad Blum Named CEO of FoodFirst, Parent Company of Bravo, Brio
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Abe Ruiz Promoted to CEO of Babalu Tapas & Tacos
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Financial Overview

Zoës Kitchen Announces First Quarter 2018 Results
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FAT Brands Inc. Announces Fiscal First Quarter 2018 Financial Results
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Red Robin Gourmet Burgers Reports Results for the Fiscal First Quarter Ended April 22, 2018
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Noodles & Company Announces First Quarter 2018 Financial Results
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Jack in the Box Inc. Reports Second Quarter FY 2018 Earnings
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Jamba, Inc. Reports Results for Fiscal 2017, Provides Q1 Business Update, and Nears Return to a Standard Reporting Cadence
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Anthony Bourdain - A Legacy Greater Than the Plate

by Max Gershberg, Emmy award-winning associate producer for HBO's Real Sports with Bryant Gumbel

Max Gershberg
The news flashing across my phone took more than a moment to register. In Friday's early morning hours, I shook my head in dismay, struggling to process the words. Anthony Bourdain? How could a man whose work so exemplified a zeal for life choose to take his own? Even in an age where we appear at times immune to bad news, learning of Bourdain's passing stung more than most. Surely, for foodies and restaurateurs alike, the resonance was even greater.

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Executive Chat with Gerry Fernandez
Founder & President of the Multicultural Foodservice and Hospitality Alliance

by Rebecca Patt, SVP Development, Wray Executive Search

Rebecca Patt
This month, Rebecca chats with
Gerry Fernandez, the Multicultural Foodservice and Hospitality Alliance's chief thought leader on multicultural business strategies in the industry. Prior to launching MFHA in 1996, Gerry held positions with Capital Grill, Waldorf-Astoria, and General Mills.

Women in the Hospitality Industry

by Joe Radice, Vice President, Wray Executive Search

Joe Radice
The competition to attract changing customer bases is fierce. As the percentage of women in the total U.S. workforce continues to escalate, females have also made gains in disposable income. Gen Z is just now entering the workforce with different needs. Millennials are maturing, beginning families and moving into positions of authority. Each of these segments holds new marketing challenges.

At a time when the labor market is tight, more women are now graduating from college, well positioning them to capitalize on employment opportunities. Job growth opportunities and company culture are not only important to Millennials and Gen Z, but to women as well. The approach to job seeking has significantly changed in the past 10 years as women, Gen Z, and Millennials are taking a more idealistic approach and considering intangibles such as how companies treat their employees, the environment, and social responsibility before they apply for a job.

"Your body is not a temple, it's an amusement park. Enjoy the ride."  
~ Anthony Bourdain
Ignoring the Personal Stress of a Key Executive Could Cost You Millions

by Mia Doucet, an executive consultant specializing in helping key people on the executive team take back control when personal stressors threaten to derail their performance.

Mia Doucet
The personal, emotional struggle of a member of the executive team is a topic that in most boardrooms is not acknowledged, addressed, or open for discussion. It's one of those proverbial elephants in the room that must remain hidden.

The Cost of Stress in the Workplace

by Kevin Stockslager, Vice President, Wray Executive Search

Kevin Stockslager
In this month's Executive Connection newsletter, we published an Executive Summary of an Insight Report by Mia Doucet titled, "Ignoring the Personal Stress of a Key Executive Could Cost You Millions." Mia analyzed the results from several studies, researched relevant literature on the topic, and interviewed 25 trusted business sources to analyze the true cost of executive workplace stress on the company and why so often the topic is ignored. What she found was that workplace stress amongst key executives was high and extremely costly to the company, little surprise given the personal and professional stakes at that level. Perhaps what was surprising was just how often the topic was ignored in the workplace and the astronomical costs of inaction.

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We Are Here When You Need Us

by Tom Rollert, Vice President, Wray Executive Search

Tom Rollert
It is an understatement to say we're in a tight labor market.  As the economy continues to expand, the labor market will tighten further, and it won't just be getting harder in the hunt for hourly folk, but at all levels reaching even into the C-suite.  Restaurants, hospitality, and retail organizations will be devoting an ever-increasing amount of capital and energy to attract the best people at all levels in a market where the candidates are in the driver's seat.