AFC Enterprises, Inc. (NASDAQ:AFCE) , the franchisor and operator of Popeyes(R) Chicken & Biscuits, announced today that Cheryl A. Bachelder has been named chief executive officer of AFC Enterprises and president of its Popeyes(R) Chicken & Biscuits' brand. Ms. Bachelder, a current member of the AFC Board of Directors will replace Frederick B. Beilstein, who held the position on an interim basis. In her new role, Bachelder, 51, will be responsible for leading day-to-day domestic and international operations for AFC and Popeyes.
"Cheryl is ideally suited to lead AFC and Popeyes. She is a highly regarded leader with a wealth of strategic and operational experience, and an impressive record of accomplishment from having held leadership positions at some of our industry's most recognizable companies," said Frank Belatti, AFC Enterprises chairman of the Board. "Cheryl has been an active member of our Board for the last year, has a passion for the Popeyes business, and is committed to building strong relationships with our franchisees. We are very excited to welcome her to the AFC executive team. We have great confidence in her ability to lead the Company into the future."
"I am delighted to join this talented management team to build a great future for the Popeyes brand, our employees, all Popeyes restaurant franchise owners, and those who invest in our success," said Ms. Bachelder. "In my year on the Board, I have seen first hand the potential of this Company, and I look forward to leading the organization towards that destination."
Ms. Bachelder joins AFC with extensive experience in brand-building, operations and public-company management. Her recent focus has been Board service at AFC Enterprises since November 2006 and at True Value Corporation since July 2006. From 2001 to 2003, she was the president and chief concept officer for KFC Corporation in Louisville, KY. While at KFC, she was responsible for leading their U.S. restaurants, including operations and all other functional areas of the business.
From 1995 to 2000, Ms. Bachelder served as vice president, Marketing and Product Development for Domino's Pizza, Inc. During her tenure, she was the brand architect responsible for contemporizing the restaurant chain during which time the chain saw steady same-store sales growth for five years across all units.
Prior to her restaurant experience, Ms. Bachelder served as general manager of the LifeSavers Division of RJR Nabisco. Her early career years included brand management roles at The Gillette Company and The Procter & Gamble Company.
Ms. Bachelder holds a Bachelor's of Science degree in Business Administration and a Master's of Business Administration in Finance and Marketing from the Kelley School of Business at Indiana University.
|
Post Release
Get Content
Email News Brief
Saved Articles
Advertising
Handheld
XML/RSS
Post News