Former 7-Eleven COO to Guide Iconic Model
Glendale, CA (RestaurantNews.com) DineEquity, Inc. (NYSE: DIN), the dad or mum business of Applebee’s Community Grill & Bar® and IHOP® restaurants, today declared the appointment of Darren Rebelez as president, IHOP model, successful May 4, 2015. Mr. Rebelez, who most recently served as Chief Operating Officer of 7-Eleven, Inc., the world’s biggest benefit retailer chain, will take above for DineEquity Chief Government Officer Julia Stewart, who for the very last three-a long time has led IHOP’s resurgence in the further purpose as Interim manufacturer president.
For the duration of Mr. Rebelez’s seven-additionally a long time with 7-Eleven, the corporation liked both of those earnings and retailer progress, with Darren major a drive to boost operations and tradition modify. He was associated in and led various functions for the business as aspect of his P&L duty for much more than 8,300 shops and 5,000 franchisees.
“Throughout our research system, we have targeted on discovering a pretty specific man or woman to fill the president’s purpose and carry on the amazing success and momentum we have crafted around the earlier handful of a long time,” claimed Ms. Stewart. “What was most critical, and what we’ve discovered in Darren, is another person with remarkable management qualities, intensive practical experience and a unique comprehending of the franchisor/franchisee marriage. I appear forward to partnering with him as we continue on to ensure the IHOP brand’s posture as the amount one decision for breakfast.”
Formerly, Mr. Rebelez held government amount positions with ExxonMobil’s On the Operate advantage store division, doing work specifically with current and new franchisees, even though primary the institution of increased franchisee communications. He has also served in executive positions for Fresh Provide Bakeries (Dunkin’ Donuts’) for Thornton Oil Company, Daka International’s Fuddruckers manufacturer and PepsiCo’s KFC model.
“IHOP is a one particular-of-a-kind model that has endured as a beloved eating possibility for far more than five a long time,” claimed Mr. Rebelez. “I’m energized by the chance to do the job together with Julia in leading a terrific team and franchise process, and a brand that has each a tremendous background as effectively as a upcoming that is built on wonderful current results.”
About DineEquity, Inc.
Based mostly in Glendale, California, DineEquity, Inc., as a result of its subsidiaries, franchises and operates dining establishments beneath the Applebee’s Community Grill & Bar and IHOP brands. With much more than 3,600 dining places mixed in 19 countries, about 400 franchisees and about 200,000 team users (such as franchisee- and business-operated cafe staff), DineEquity is one particular of the most significant comprehensive-support restaurant firms in the world. For extra details on DineEquity, take a look at www.dineequity.com.
Forward-Searching Statements
Statements contained in this press release may well constitute ahead-looking statements in just the which means of the Personal Securities Litigation Reform Act of 1995. You can detect these forward-hunting statements by terms this sort of as “may,” “will,” “should,” “expect,” “anticipate,” “believe,” “estimate,” “intend,” “plan” and other equivalent expressions. These statements entail known and mysterious dangers, uncertainties and other aspects, which may result in precise success to be materially distinct from all those expressed or implied in these types of statements. These factors include, but are not limited to: the impact of standard financial circumstances the Company’s indebtedness danger of long term impairment charges investing volatility and the selling price of the Company’s common stock the Company’s outcomes in any specified time period differing from guidance offered to the public the hugely competitive character of the cafe company the Company’s small business approach failing to attain predicted outcomes risks affiliated with the cafe industry challenges connected with places of existing and potential dining places mounting expenditures for foods commodities and utilities shortages or interruptions in the offer or delivery of food stuff ineffective marketing and advertising and guest connection initiatives and use of social media transforming well being or dietary tastes our engagement in small business in overseas marketplaces harm to our brands’ standing litigation third-celebration promises with respect to mental property property environmental liability legal responsibility relating to personnel failure to comply with applicable regulations and restrictions failure to properly put into practice cafe growth designs our dependence upon our franchisees concentration of Applebee’s franchised dining places in a constrained number of franchisees credit rating risk from IHOP franchisees working underneath our prior organization product termination or non-renewal of franchise agreements franchisees breaching their franchise agreements insolvency proceedings involving franchisees modifications in the amount and high-quality of franchisees lack of ability of franchisees to fund capital expenditures heavy dependence on facts technologies the prevalence of cyber incidents or a deficiency in our cybersecurity failure to execute on a enterprise continuity system inability to appeal to and keep proficient workers threats associated with retail model initiatives failure of our interior controls and other factors reviewed from time to time in the Company’s Yearly and Quarterly Stories on Types 10-K and 10-Q and in the Company’s other filings with the Securities and Exchange Commission. The ahead-wanting statements contained in this release are produced as of the day hereof and the Business assumes no obligation to update or complement any forward-wanting statements.
Speak to:
Kevin Mortesen
DineEquity, Inc.
818-637-3629
[email protected]
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