Multiconcept operator Yum! Brands will promote David Graves to president of Pizza Hut U.S., effective January 1, 2022. He will replace Kevin Hochman, who is serving in this role on an interim basis.
Middleby Corp. has acquired Imperial Commercial Cooking Equipment, a Corona, Calif.-based manufacturer of ranges, fryers, ovens, countertop equipment and other specialty cooking products for the commercial kitchen. Imperial has annual revenues of approximately $40 million, per a release announcing the deal.
Yum! Brands promoted Sabir Sami, to KFC Division CEO, effective Jan. 1, 2022. Sami, a 12-year company veteran, currently serves as chief operating officer and managing director of KFC Asia. He will succeed Tony Lowings, who is stepping down as CEO at the end of 2021 in advance of his retirement in early 2022, per a company release announcing this transition.
Ali Group’s deal to acquire Welbilt continues to make progress and will likely require the divestiture of one high-profile brand.
Smoothie Factory opened its first two northeastern locations. But the growth comes with a twist: these units operate from inside two Friendly’s Restaurants and may be the sign of things to come.
Mike Williamson will retire from his post as general manager of Hotel & Restaurant Supply’s Jackson, Miss., location, effective Sept. 30, 2021. He has been with the company for more than 38 years.
BradyIFS, a distributor of foodservice disposables and janitorial and sanitation products, will expand its reach into Northern California with the acquisition of two distributors: Fishman Supply Company and Armstrong Paper Group.
Brian Jenkins will retire from his post as CEO and a member of the board of directors for Dave & Busters, effective Sept. 30, 2021. Kevin Sheehan, chair of Dave & Buster’s board of directors, will serve as interim CEO until eatertainment chain names a permanent successor.
Consolidation continued in the foodservice industry with Arizona Restaurant Supply’s acquisition of United Restaurant Supply.
Add Parts Town to the list of companies now participating in foodservice equipment and supplies-related e-commerce arena. The Addison, Ill.-based OEM parts distributor entered the fray in late September with the launch of Parts Town Marketplace that will make available a curated list of light equipment, smallwares, tabletop items, consumables and other products available for purchase.