Chick-fil-A names new CEO | QSR Web
From www.qsrweb.com
2021-09-17 12:15:54
Excerpt:
Andrew Truett Cathy will take the reigns as CEO of Chick-fil-A in November, the chain announced Thursday.
Cathy has been executive vice president of operations since 2019 and is the son of current CEO Dan T. Cathy. Dan Cathy will remain chairman of the board, and Tim Tassopolous will continue as president and COO, according to a press release.
“The most successful CEO transitions are made when the next leader is ready to lead. I have every confidence Andrew is ready,” Dan Cathy said in the release. “As a privately held, family-owned business, Chick-fil-A is able to look at succession through a longer lens and approach a transition like this in a thoughtful and coordinated way. While rare in business today, deliberate, long-term succession planning provides us with stability and continuity at a time of tremendous opportunity.”
