Marcus Theatres Hires Former Smashburger President as EVP and COO

Milwaukee, Wis. — Marcus Theatres®, a division of The Marcus Corporation, has hired Greg Creighton to the newly-created position of executive vice president and chief operating officer. Previously, he served as president and chief operating officer of Smashburger Master LLC, parent company of the fast-casual restaurant chain, Smashburger.

Lowe's Appoints Chief Information Officer

Mooresville, N.C. — Lowe's Companies, Inc. has appointed Seemantini Godbole as chief information officer, effective November 12. Godbole currently serves as senior vice president, digital and marketing technology, at Target Corporation.

Dairy Queen Names New Franchise Development Director

Minneapolis — American Dairy Queen Corporation (ADQ) has added Julie Davis to the corporate team as the brand's new franchise development director. For nearly 20 years, Davis has held franchise development leadership positions with various brands in the QSR space including Schlotzsky's, Popeyes, Dunkin' Brands and El Pollo Loco.

GPS Hospitality Names 4 New Partners

Atlanta — GPS Hospitality, one of the country’s fastest growing franchisees of BURGER KING® and Popeyes® Louisiana Kitchen restaurants, has named its newest class of Partner Program inductees:

Diversey CEO to Resign

Charlotte, N.C. — Diversey, a customer-centric global leader in the hygiene and cleaning industry, plans a transition of executive responsibilities. Dr. Ilham Kadri will resign from her position as Diversey’s chief executive officer, effective December 31, 2018, to take another executive role, which will be separately announced. In the interim, Dr. Kadri will concentrate on strategic areas needed to ensure a smooth transition.

CEC Entertainment, Inc. Expands Peter Piper Pizza Leadership Team

Dallas — CEC Entertainment, Inc., a nationally recognized leader in family dining and entertainment, has appointed Mahesh Sadarangani to president of Peter Piper Pizza, effective immediately. Sadarangani joins a strong and tenured leadership team, which includes operations led by Mark Eastham and finance led by Rex Moffett. In this role, he will oversee strategic business development and growth.

Petco Names Chief Stores Officer

San Diego — Petco has appointed accomplished sales leader and retail veteran Justin Tichy as chief stores officer (CSO) to oversee all operations and execution for Petco's 1,500+ retail locations across the U.S. and Puerto Rico.

Sears Holdings Files for Chapter 11 Bankruptcy; CEO Steps Down

Hoffman Estates, Ill. — On October 15, 2018, Sears Holdings Corporation and certain of its subsidiaries have filed voluntary petitions for Chapter 11 bankruptcy relief. Effective immediately, the company’s chairman and CEO, Edward S. Lampert, is stepping down from the CEO role. Also, the company will close 142 stores in addition to the previously announced 46 store closings.

Diebold Nixdorf Names Interim CFO

North Canton, Ohio — Diebold Nixdorf has appointed Jeffrey Rutherford as interim chief financial officer, effective immediately. He replaces Chris Chapman, who is leaving the company to pursue other opportunities.

JCPenney Welcomes New Chief Executive Officer

Plano, Texas — J. C. Penney Company, Inc.’s board of directors has appointed Jill Soltau as chief executive officer and a member of the board, effective October 15, 2018. Soltau is a 30-year retail veteran who most recently served as president and CEO of JOANN Stores, the nation’s largest fabric and crafts retailer, after serving as president of Shopko Stores.

FM Restaurants Appoints CEO and CFO

New York — FM Restaurants HoldCo, LLC, an affiliate of Z Capital Group, LLC, a leading alternative asset manager of opportunistic, value-oriented private equity and credit funds, has appointed Randy Sharpe as chief executive officer and Ned Algeo as chief financial officer.

Fuzzy's Taco Shop Names New COO

Fort Worth, Texas — Fuzzy's Taco Shop, the Baja-style taco joint founded near the TCU college campus in 2001, has named industry veteran David Catalano as chief operating officer. Most recently, he was COO at Logan's Roadhouse.

JCPenney Chief Financial Officer to Depart

Plano, Texas — Jeffrey Davis has informed J. C. Penney Company, Inc. that he is resigning from his position as executive vice president and chief financial officer, effective October 1, to join Qurate Retail Group. Jerry Murray, senior vice president of finance, will assume the position of interim chief financial officer, reporting directly to the Office of the CEO.

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