After 20 years with the company, Restaurant Brands NZ has announced that chief executive Russel Creedy and chief financial officer Grant Ellis will both retire in 2023.
The company operates 359 KFC, Taco Bell, Pizza Hut, and Carl's Jr stores in New Zealand, Australia, California, and Hawaii and is the master franchisor of 101 Pizza Hut stores in New Zealand.
"It is with a sense of sadness and great appreciation for their long history with our company that I received the news that both Russel and Grant have decided to retire from Restaurant Brands," chairman José Parés said.
Under their leadership, Restaurant Brands had consolidated its presence in the quick service restaurant market. The company said that Creedy and Ellis would still be directly involved in the business until their retirement.
Ellis will serve as adviser to the chairman and new chief financial officer. Creedy will serve as special advisor to Finaccess Capital - Restaurant Brands' majority shareholder.
