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Whataburger has opened greater than 200 new places and doubled its income to $4 billion since being bought by Chicago-based BDT Capital Companions.
The CEO of Whataburger is retiring after 20 years on the San Antonio-based restaurant chain, and a current addition to its govt staff with stints at Starbucks and McDonald’s is ready to take over.
Present CEO Ed Nelson will step down at 12 months’s finish, permitting Chief Working Officer Debbie Stroud to take the highest slot, in accordance with officers with the South Texas-born burger establishment.
Nelson joined Whataburger twenty years in the past as controller and performed a job in bettering the corporate’s debt construction and financing, in accordance with his LinkedIn. His rise via the ranks included a cease as chief monetary officer and president earlier than being appointed CEO in August 2020.
“Main this firm has actually been one of many biggest joys of my life,” Nelson stated in a press release. “I’m happy with what we now have achieved.”
His substitute, Stroud, has served as an exec at a few of the nation’s largest food-service chains. She joined Whataburger in February 2023 — 4 years after the founding Dobson household offered its majority stake to Chicago-based BDT Capital Companions.
Earlier than coming onboard at Whataburger, Stroud was senior vice chairman of U.S. retail operations at Starbucks, in accordance with her LinkedIn. Previous to that, she additionally labored at McDonald’s as its vice chairman and common supervisor.
“Working alongside Ed and our devoted management staff has been a unprecedented expertise,” Stroud stated in a press release. “I’m keen to understand the brilliant future forward for our firm.”
Whataburger has opened greater than 200 new places and doubled its income to $4 billion for the reason that Dobson household offered to its present possession, in accordance with the Specific-Information.
Nonetheless, that aggressive growth has come at a price. Some Whataburger fans preserve that the chain’s high quality has declined for the reason that Dobsons offered out to traders — an accusation officers deny.
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