FlashNews: Darden Shareholder Takeover, Compass Diversified Holdings Acquires SternoCandleLamp and Much More

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FlashNews from Foodservice Equipment & Supplies

October 15, 2014


Ceste Becomes Kitchen Brains’ CEO FE&S FlashNews

Mario Ceste is the new chief executive officer of Kitchen Brains.


This Week in Foodservice: Darden’s Shareholder Takeover, Tablets Don’t Mean Fewer Jobs, and Much More FE&S FlashNews

Knapp-Track says casual chain restaurant comp sales were up again in September. Despite improving sales, Darden stockholders vote in a new board. A report notes that the new tablet ordering systems may not replace employees.


Cooper-Atkins’ Yeager Climbs the Corporate Ladder FE&S FlashNews

Cooper-Atkins Corp. promoted Jeffrey Yeager to vice president of foodservice.


Domino's Updates Leadership Team FE&S FlashNews

Domino's Pizza promoted Richard Allison and Russell Weiner to president of the company’s international and U.S. divisions. In addition, Michael Lawton, the pizza chain’s chief financial officer, will assume the additional duties of managing the company’s supply chain division.


Lee Steps in as Interim CEO for Darden FE&S FlashNews

The Darden Board of Directors named Gene Lee the company’s interim chief executive officer. Lee, who previously served as Darden's president and chief operating officer, replaces Clarence Otis, who has stepped down from his role as CEO, effective immediately.


Brian Doyle Joins The Sam Tell Companies FE&S FlashNews

Brian Doyle is the new director of contract sales for The Sam Tell Companies, a New York-based foodservice equipment and supplies dealer. In his new role, Doyle will look to develop Sam Tell’s portfolio of regional and national accounts.


Compass Diversified Holdings Acquires SternoCandleLamp FE&S FlashNews

Compass Diversified Holdings has acquired SternoCandleLamp for $163 million. Don Hinshaw, president and CEO of SternoCandleLamp, will continue to serve in the same capacity at the company.


BCA’s Cultural Awareness Salute to Recognize Contreras and Thompson FE&S FlashNews

The BCA will present its 2014 Jefferson Edwards Award to Rodolfo Contreras, Compass Group-Restaurant Associates’ executive chef of the Guggenheim Museum and its 2014 Lifetime Ambassador Award to Michael Thompson, vice president of conferences for the National Urban League.


Another Broken Egg Café Names
New COO
FE&S FlashNews

Another Broken Egg Café has named Kevin Armantrout the chain’s chief operating officer. In his new position, Armantrout will be responsible for amplifying the brand’s growth by establishing new corporate locations in key markets.


Logan's Roadhouse Names Borgese President FE&S FlashNews

Sam Borgese is the new president and chief executive officer for Nashville-based Logan’s Roadhouse. Borgese joins Logan’s from Max Brenner International, where he previously served as chief executive officer.


Lemonade Restaurant Group Gets
New Investor
FE&S FlashNews

In a move aimed at accelerating the fast-casual concept’s growth, venture capital firm KKR made an investment in Lemonade Restaurant Group. Terms of the transaction were not disclosed.


Mahoney Joins CR Peterson + Associates FE&S FlashNews

Kelly Mahoney has joined New England-area manufacturers' rep firm CR Peterson + Associates as a sales specialist. In her new role, Mahoney will focus primarily on foodservice operators in the education and healthcare segments.

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Hatco: Soup Stations
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