California Centers

SEP 2017

California Centers Magazine serves retailers, developers, shopping center owners, investment sales brokers and tenant representation firms throughout the state of California.

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Page 48 of 56

42 California Centers Magazine | September 2017 CORPORATE ACTIONS APPOINTMENTS SRS Real Estate Partners has hired Ara Rostamian as Vice President with the firm's National Net Lease Group, working from its Newport Beach of- fice. In this role, Rostamian will advise clients in the acquisition and disposi- tion of retail real estate properties lo- cated throughout Los Angeles, South- ern California and the Western U.S. Possessing 12 years of experience, Ara most recently was with Strategic Retail Advisors. Logan's Roadhouse has named David Catalano, formerly COO of Joe's Crab Shack and Brick House Tavern, to its newly created position of Chief Oper- ating Officer. Catalano will oversee the company's operating team and work alongside CEO Hazem Ouf to turn the company around as it emerges from bankruptcy. Cushman & Wakefield has added in- dustry veteran David Gorelick as Ex- ecutive Managing Director and head of retail for the Americas. In his posi- tion, Gorelick is responsible for build- ing stronger client relationships and deepening the firm's retail platform, including expanding retail tenant rep- resentation and agency leasing. He has previously held executive positions at Simon Property Group and Ralph Lau- ren Corporation, in addition to work- ing in-house at several major global retail brands. MOD Super Fast Pizza Holdings LLC, parent of MOD Pizza, has named industry veteran Paul Twohig to the newly created position of Chief Op- erating Officer. Twohig retired earli- er In the year as President of Dunkin' Donuts U.S. and Canadian operations, after having held executive positions with Starbucks Corp. and Panera Bread Co. With Twohig's appointment, Chris Schul─Á, former Senior VP of Op- erations, has assumed the new role of Senior VP for International Develop- ment. Del Taco Restaurants Inc. promoted John Cappasola Jr., who has been with the company since 2008, to the position of Chief Executive Officer, replacing outgoing CEO Paul Murphy, who has permanently relocated to Denver. Cap- pasola served as Del Taco's President (since January 2017) and Chief Brand Officer (since 2011) until the switch in July. He has also replaced Murphy on the company's board of directors. Focus Brands Inc. has named Kat Cole Chief Operating Officer and North America President. She oversees Fo- cus's domestic franchised brands, among which are Auntie Anne's, Cin- nabon, Moe's Southwest Grill and Schlo─Ásky's. Cole replaces Paul Dam- ico, who recently assumed the role of CEO of Roark Capital's Naf Naf Grill chain. Noodles & Co. named Dave Boen- nighausen permanent CEO and also named former Del Taco Restaurants CEO Paul Murphy its Executive Chairman. Boennighausen was serv- ing as interim CEO, and, prior to that, had been CFO for the chain since 2012. He has been with the company in vari- ous capacities since 2004. Papa John's International Inc. has named Brandon Rhoten Global Chief Marketing Officer. Rhoten was pre- viously Vice President for media and digital/social at The Wendy's Co. At Papa John's he oversees domestic and international marketing efforts for the chain, and reports to President Steve Ritchie. Togo's Holdings LLC named Nader Garschi to the new position of Chief Operating Officer. His appointment came in June amid an executive team transition begun earlier, which includ- ed Glenn Lunde being promoted to President upon the retirement of Tony Gioia. CONTRACTS & AWARDS Wolfgang Puck won the Gold Plate Award from the International Food- service Manufacturers Association. The award is granted to one of eight Silver Plate winners nominated by IFMA members and industry leaders and selected by a jury of foodservice experts, past winners and the nation- al foodservice trade press. The jury votes on which of those winners to bestow the Gold Plate. In its 63 rd year now, the awards honor operators who have contributed to the advancement of their segments and to the industry as a whole. Puck won the Silver Plate award in the category of independent restaurants and multi-concept opera- tors. CURRENT EVENTS A bankruptcy judge in New York ap- proved BCBG Max Azria Group Inc.'s Chapter 11 plan in August, disposing of the last unresolved objection to the plan to sell the company's intellectual property, stores and other assets to two separate companies. Dunkin' Brands is piloting the use of abbreviated signage, beginning with a test location opened in Pasadena, Cali- fornia. The first to feature the Dunkin' only signage and branding, it is but the first of multiple locations to be includ- ed in an initial trial period. The change reinforces the image of Dunkin' Do- nuts as a beverage-led brand and cof- fee category leader. The company does not consider this a departure from its current branding. In related news, the chain will begin to roll out a large scale store redesign, beginning in 2018, which involves streamlining its menu and improving store layout to improve efficiency and build on its on-the-go reputation. KFC has returned to featuring the iconic Colonel Sanders in its current advertising, after having used various celebrity actors and comedians to play the founder over the past several years. The company is incorporating vintage video clips from KFC ads in the 1960s and 1970s interspersed with more con- temporary footage to promote its sig-

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