Layt Becomes Applebee's President

Former Buffets and Yum! Brands executive replaces Archer.

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DineEquity, Inc. appointed Steven Layt president of its Applebee's Neighborhood Grill & Bar concept. He replaces Michael Archer, who left Applebee's to pursue other opportunities, according to a company release.

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Layt held the role of senior vice president of operations for Applebee's since January of 2012. Prior to joining DineEquity, he was chief operating officer at Buffets Inc. and held a number of senior management positions globally and in the United States with YUM! Brands.

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