Reporting to Chief Executive Officer, Cheryl Bachelder, Mr. Matt will oversee the Companys financial matters and lead the Companys efforts in determining and implementing the most effective strategies for Popeyes to accelerate its long-term growth potential and maximize shareholder value.
Popeyes Louisiana Kitchen, Inc. (NASDAQ:PLKI), the franchisor and operator of Popeyes® restaurants, today announced that William P. Matt will be joining the Popeyes executive team as Chief Financial Officer, effectively immediately. Reporting to Chief Executive Officer, Cheryl Bachelder, Mr. Matt will oversee the Company’s financial matters and lead the Company’s efforts in determining and implementing the most effective strategies for Popeyes to accelerate its long-term growth potential and maximize shareholder value.
“The addition of Will as our new CFO brings a strong complement to our leadership team as we execute our strategic roadmap for growth around the globe,” said Ms. Bachelder. “Will’s broad, relevant experience in leading growth at evolving brands will be instrumental in Popeyes’ continued success. Spanning beyond finance to real estate, technology and operations, Will’s experience collaborating in cross-discipline teams makes him a strong cultural fit for Popeyes, and we are pleased to have him join our Company.”
Mr. Matt joins Popeyes with experience in both the retail and food service industries. He most recently served as Chief Operating Officer of La Senza Global, an arm of L Brands Inc., based in Columbus, Ohio. Mr. Matt also served as Chief Financial Officer of Victoria Secret Direct while at L Brands, Inc. Prior to his 14 years with L Brands, Mr. Matt spent nine years at PepsiCo/KFC, culminating as Vice President, Planning.
“Over the last several years, Cheryl and her team have transformed Popeyes into one of the most significant brands in the QSR space,” said Mr. Matt. “With the momentum the brand has established, the Company is poised to achieve new levels of success for its stakeholders and I am proud to be part of this executive team.”
Mr. Matt completed his undergraduate work at Colgate University, and received an MBA from Columbia Business School.
Popeyes Louisiana Kitchen, Inc. is the franchisor and operator of Popeyes® restaurants, the world's second-largest quick-service chicken concept based on number of units. As of July 13, 2014, Popeyes had 2,262 operating restaurants in the United States, three territories, and 26 foreign countries. The Company’s primary objective is to deliver sales and profits by offering excellent investment opportunities in its Popeyes brand and providing exceptional franchisee support systems and services to its owners.
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