Former Applebee's, YUM! exec joins Newk's as CFO
Newk’s Eatery has named Robert Nygren the brand’s new CFO, according to a company press release.
"After an extensive search for our new CFO, we are thrilled to bring Bob on board Newk’s leadership team," said Chris Newcomb, Newk’s Eatery co-founder and CEO. "Bob has a proven track record of supporting the development and operational health of leading restaurant brands through smart financial leadership. We know he will do the same for Newk’s and are excited for both the energy and expertise he brings to the brand."
In his new position, Nygren will provide key leadership and strategic policy advice for Newk’s Eatery’s systemwide financial operations as the brand continues to roll out a large-scale growth plan to more than double in size over the next three years. The Jackson, Miss.-based Newk’s Eatery has more than 80 locations in 13 states and plans to expand to more than 200 units by the end of 2018.
Nygren comes to Newk’s with nearly two decades of financial management experience for Yum! Brands, NPC International and DineEquity Inc. He most recently served as VP of finance for DineEquity, the world’s largest full-service restaurant company, overseeing financial planning, analytics and strategy for Applebee’s and IHOP in conjunction with the brands’ operational and development objectives. He also served as the key finance liaison with DineEquity’s franchise partners. Prior to joining DineEquity, Nygren served as senior director of finance for NPC International, the largest franchise operator of Pizza Hut restaurants, assuming a hands-on role in the company’s multi-million dollar acquisition and disposition of restaurants, investor relations activities, business analytics and more, according to the release.
Topics: Staffing & Training