May 7, 2014
Lippert Named CEO for Quaker
Steak & Lube
Quaker Steak & Lube named Greg Lippert its new chief executive officer. Lippert is a 30-year industry veteran. Since 2005 he was chief executive officer of Mazzio’s LLC, where he directed Mazzio’s, Zio’s Italian Kitchen Brands and recently introduced the Oliveto Italian Bistro to the portfolio of restaurants.
This Week in Foodservice: Uneven Economic and Business News Continues to Impact Foodservice
Lots to cover this week, including good news about April employment but some disappointing news about the economy. We also look at Sysco’s performance, comparable sales reports from 14 chains and a whole lot more.
Yum! Brands to Update Leadership Team
Yum! Brands chairman and chief executive officer David Novak will become executive chairman effective Jan. 1, 2015. Novak has served as CEO since 1999 and once he becomes chairman Greg Creed will become Yum! Brands’ CEO.
Restaurant Industry Performance Hits 10-Month High
The National Restaurant Association’s Restaurant Performance Index (RPI) hit 101.4 in March, marking a 10-month high for the monthly composite index that tracks the health of and outlook for the U.S. restaurant industry. This represented a 0.9 percent increase from February’s level of 100.5. In addition, the RPI remained above 100 for the 13th consecutive month, which signifies expansion in the index of key industry indicators.
James Beard Foundation Names 2014 Award Winners
The James Beard Foundation announced the recipients of its 2014 awards, which recognize culinary professionals for excellence and achievement in their fields and further the Foundation’s mission to celebrate, nurture and honor America’s diverse culinary heritage through programs that educate and inspire.
Geddes Joins Unified Brands
Unified Brands named Ann Geddes chain account manager for the foodservice equipment manufacturer’s south central market.
Draft Kings: The Rise of Brew Pubs
Consumers’ thirst for locally produced brews and other menu items continues to drive interest in the burgeoning brew pub segment.
Spring USA Updates Rep Network
Manufacturers’ rep firm and MAFSI member Posternak Bauer Associates, Inc. has become the New York area Sales Agents for Spring USA products.