MTY provides additional information regarding changes in senior management
MTY Food Group Inc., franchisor and operator of multiple concepts of restaurants, today announces the management changes pursuant to its May 2nd, 2018 announcement according to which Mr. Stanley Ma and Mrs. Claude St-Pierre will be leaving their respective roles as CEO and COO of the corporation on November 2nd, 2018 to concentrate on their Board of Director responsibilities.
The structure of the organization will be adjusted in order to
adapt to the growing number of brands the company operates in multiple
segments of the restaurant industry, mainly in Canada. The Canadian operations will now have three distinct COO's; Marie-Line Beauchamp will lead the Casual Dining segment, Marc Benzacar will lead the Fast Casual segment, and Jason Brading will lead the Quick Service segment. The US operations will continue with its current structure, under the leadership of Jeff Smit.
"I am extremely proud of the team MTY has
assembled to drive its business further in the future. The new
structure will allow an increased focus on operations helping to fuel
organic growth of MTY for many years to come, while also enabling us to
continue to expand our extensive brand portfolio" said Eric Lefebvre, who will become the Chief Executive Officer on November 2nd, 2018.
In addition to the nominations above, MTY also announces that Renée
St-Onge will be promoted a the new Chief Financial Officer of the
Company on November 2nd, 2018, replacing Eric Lefebvre in that role.