As part of an executive succession plan, David Deno will become CEO and a company director for multiconcept operator Bloomin’ Brands, effective April 1.

Christopher Meyer, group vice president of financial planning & analysis; investor relations, will serve as executive vice president and chief financial officer. Liz Smith, Bloomin’ Brands current chairman and CEO, has been appointed to serve as executive chairman of the board of directors.

Smith spent the past 10 years as Bloomin’ Brands CEO.

Deno currently serves as the company’s CFO. Deno joined Bloomin’ Brands in 2012 from Best Buy where he served as the president of Asia and CFO for Best Buy International. His hospitality industry career has included more than 15 years in senior level operations and financial positions at PepsiCo/YUM! Brands and 8-plus years at Burger King.

Meyer joined the company in 2004 and has held progressively responsible positions including group vice president finance and accounting; treasurer; and investor relations officer as well as vice president of finance for Bonefish Grill.

Bloomin’ Brands portfolio of restaurant concepts includes Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse and Wine Bar.