Carrols Restaurant Group, Inc. Names Anthony E. Hull as Chief Financial Officer
November 25 2019 - 7:00AM
Business Wire
Carrols Restaurant Group, Inc. (“Carrols” or the “Company”)
(Nasdaq: TAST) today announced that it has appointed Anthony “Tony”
E. Hull as the Company’s Vice President, Chief Financial Officer,
and Treasurer effective January 2, 2020.
Daniel T. Accordino, Chairman and Chief Executive Officer of
Carrols, commented, “Tony is a fantastic addition to the Carrols
executive team and we look forward to benefiting from his
well-established credentials and experience. Throughout his
extensive career, he has demonstrated effective leadership across a
number of different industries while making impressive
contributions along the way. We are excited for Tony to be joining
us as we strengthen Carrols' foundation of operating two
world-class brands with significant scale advantages and realize
growth opportunities across multiple attractive markets. We are
confident that he can elevate our finance function to an even
higher level of excellence.”
Accordino concluded, “We would also like to thank Tim LaLonde
for serving as our Interim CFO since September when he temporarily
rejoined Carrols upon the passing of our late CFO Paul Flanders.
Tim will continue to serve as our Interim CFO until January 2, 2020
when Tony will start as CFO and will serve in a transitionary role
for a period of time after January 2, 2020.”
Mr. Hull is a results-oriented, accomplished Chief Financial
Officer at both public and private companies with domestic and
international operations in a broad range of industries. He is a
hands-on, highly motivated and driven leader with in-depth
operational business expertise and a proven track record over a
distinguished career spanning more than three and a half
decades.
Mr. Hull most recently served a Senior Advisor on corporate
strategy and capital markets projects at Realogy Holdings Corp. and
previously was the company’s Executive Vice President, Chief
Financial Officer, and Treasurer from 2006 to 2018. During his
tenure, he was responsible for financial and strategic planning,
accounting, budgeting, capital structure, controls and compliance,
mergers and acquisitions, procurement, and facilities, among other
disciplines. His accomplishments there included leading a
successful financial strategy during the housing downturn,
completing a sale of the company to a private equity firm in 2007,
executing the second largest US IPO in 2012, strengthening the
company’s capital structure, achieving more than $100 million on
run-rate cost savings, and spearheading numerous technology-based
investments/acquisitions to enhance the value proposition.
Previously, Mr. Hull served as Executive Vice President, Finance
at Cendant Corporation from 2003 to 2005. At Cendant he was
responsible for financial, strategic, and capital planning and
sourced, managed, and executed company-wide domestic and
international mergers and acquisitions activity.
Earlier in his career, Mr. Hull was Head of Finance, Accounting
and IT at DreamWorks, LLC from 1996 to 2003; Chief Financial
Officer at King World Productions, Inc. from 1994 to 1995; and
Corporate Vice President, Financial Planning at Paramount
Communications, Inc. from 1990 to 1994. He began his career at
Morgan Stanley & Co. in the mergers and acquisitions department
for the media/entertainment group, where he served as Associate and
later Vice President from 1984 to 1990.
Mr. Hull currently sits on the Board of Directors for Landis
Technologies, a start-up venture that provides assistance and
guidance to families in attaining home ownership on an accelerated
basis.
He holds an MBA from Columbia University and a BA from Amherst
College.
About the Company
Carrols is one of largest restaurant franchisees in the United
States, and currently operates 1,093 restaurants. It is the largest
BURGER KING® franchisee in the United States currently operating
1,032 BURGER KING® restaurants and also operating 61 POPEYES®
restaurants. It has operated BURGER KING® restaurants since 1976.
For more information on Carrols, please visit the company's website
at www.carrols.com.
Forward-Looking Statements
Except for the historical information contained in this news
release, the matters addressed are forward-looking statements.
Forward-looking statements, written, oral or otherwise made,
represent Carrols' expectation or belief concerning future events.
Without limiting the foregoing, these statements are often
identified by the words "may", "might", "believes", "thinks",
"anticipates", "plans", "expects", "intends" or similar
expressions. In addition, expressions of our strategies,
intentions, plans or guidance are also forward-looking statements.
Such statements reflect management's current views with respect to
future events and are subject to risks and uncertainties, both
known and unknown. You are cautioned not to place undue reliance on
these forward-looking statements as there are important factors
that could cause actual results to differ materially from those in
forward-looking statements, many of which are beyond our control.
Investors are referred to the full discussion of risks and
uncertainties as included in Carrols' filings with the Securities
and Exchange Commission.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20191125005246/en/
Investor Relations: Raphael Gross 203-682-8253
investorrelations@carrols.com
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