Quiznos Appoints David Deno President
"Quiznos is a product that I love, a product that I can stand behind and easily
sell."
Quiznos Executive Management Team Transformation Completed
DENVER, CO – 7 January 2008 – Quiznos, one of the nation’s fastest-growing quick
service restaurant chains, today announced the appointment of David Deno as President,
effective immediately. Mr. Deno will report directly to Greg Brenneman, Quiznos
Chief Executive Officer.
"The addition of Dave as President is the final piece in our strategy to bring an
outstanding quick service management team to Quiznos," said Mr. Brenneman. "Dave
is an incredible leader who served as both the COO and CFO of YUM during his 23
years in our industry. He is singularly committed to helping us continue to increase
franchise owner profitability at Quiznos."
As President, David Deno will oversee all operations including field operations,
operations support and delivery/catering sales and implementation; food and equipment
distribution and international development.
"Over the last year, Greg and his executive team have worked at lightning speed
to drive significant improvements for franchise profitability and brand success,"
said Mr. Deno. "Quiznos has an incredible management team that is focused on the
enormous potential to drive the brand nationally and internationally, and I am excited
to be part of this concerted effort."
Mr. Deno joins Quiznos from CCMP Capital, an ownership partner in Quiznos, where
he was a Managing Director. While at CCMP, Deno was a board member of Quiznos. Before
joining CCMP, David spent more than 15 years with YUM Brands and PepsiCo. As Chief
Operating Officer, and previously, Chief Financial Officer, he was instrumental
in growing YUM Brands and building shareholder value after its spin off from PepsiCo
in 1997. Deno also held senior positions in YUM's International and Pizza Hut divisions.
Prior to joining YUM, David worked for Burger King Corporation for 8 years in various
finance, real estate, and operations assignments
In the last year, Quiznos has assembled an extraordinarily seasoned management team,
including outstanding executives from the outside like Mike Elliott formerly of
YUM Brands and Burger King as EVP Third Party Development; Steve Provost formerly
of YUM Brands as EVP and Chief Marketing Officer; Rich Emmett formerly of Papa John’s
as EVP and Chief Legal Counsel; Clyde Rucker formerly of Burger King as EVP and
Chief Administrative Officer; Rebecca Steinfort formerly of Level 3 as SVP Delivery/Catering;
Hannibal Myers formerly of Church’s Chicken and Shoney’s Restaurants as SVP Non-Traditional
Development; and Kevin Dearth formerly of Arby’s and YUM Brands as SVP Field Operations.
In addition, Bill Flaherty and Brandon Turner, previously part of Quiznos senior
team, were positioned in new roles as EVP Company Development and EVP and CFO, respectively.
This team was recently named by QSR magazine as the best new management team in
the industry.
ABOUT QUIZNOS
Celebrating its 26th year, Denver-based Quiznos is a national chain designed for
today's busy consumers who are looking for a tasty, fresher alternative to traditional
fast food restaurants. Using only premium quality real ingredients, Quiznos restaurants
offer creative, chef-inspired recipes for sandwiches, soups and salads. With more
than 5,000 franchise restaurants, Quiznos is one of the fastest growing quick service
restaurant chains.
In October 2007, Quiznos was named as leading the QSR industry in wait time performance
by the Mystery Shopping Providers Association's (MSPA) 2007 Wait Time Study. In
May 2007, Zagat's consumer surveys listed Quiznos in top 5 for Top Food, Top Facilities,
Top Service and Top Overall, ahead of its direct competitors. In June 2006, Nation's
Restaurant News ranked Quiznos in its Top 100 Restaurant Chains as the #1 restaurant
chain in growth in number of units--five years in a row. Entrepreneur magazine in
January, 2006 ranked Quiznos in its annual Top Franchise 500 as the #2 Best Overall
Franchise and QSR magazine ranked the chain in its Top 50 Chains in August, 2005
as #3 by change in system-wide sales.
For further information, please visit http//www.quiznos.com
MEDIA CONTACT
Jessica Beffa
Coltrin & Associates
(w) 303-573-4583
(c) 646-715-7951
jbeffa@quiznos.com