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Quaker Steak & Lube Announces Management Transition

Dreibholz becomes interim CEO for the casual dining chain.

Quaker Steak & Lube named current CFO Frederick Dreibholz interim CEO for the chain. Dreibholz replaces John Longstreet who is stepping down as Quaker Steak & Lube’s CEO, a position he has held since 2010.

A 30-year industry veteran, Dreibholz joined Quaker Steak & Lube in November 2012 as chief financial officer. His previous experience includes serving as CFO for several restaurant groups, including Flik International, Champps Entertainment and Souper Salad. Dreibholz also has experience working with such private equity firms as Sun Capital, Lincolnshire Management, Castanea Partners and Enhanced Equity Partners.