Wingstop Appoints Larry Kruguer Executive Vice President and Chief Operating Officer
January 05 2018 - 8:15AM
Wingstop Restaurants Inc. (NASDAQ:WING), the award-winning wing
concept with more than 1,000 locations worldwide, today announced
that Larry Kruguer has been appointed to the role of Executive Vice
President and Chief Operating Officer. In his new role, Mr.
Kruguer, who previously served as Wingstop’s President of
International since 2015, will be responsible for the Company’s
global operations, supply chain and training. He will
continue to report directly to Charlie Morrison, Chairman and Chief
Executive Officer.
“Larry is a talented restaurant executive who has done an
exceptional job building our international business with
development agreements that will put Wingstop on five continents
and thirteen countries, including our 100th international location,
opened just last week,” said Charlie Morrison. “This expanded
role will leverage his broad business knowledge to integrate our
U.S. and international organizations, further scaling them for
future growth and becoming a top 10 global restaurant brand.”
“I’m proud to be a part of Wingstop’s talented team and excited
to help drive the continued operational excellence and success of
this brand, which is truly in a category of its own,” said
Kruguer. “Our growth proves that Wingstop is loved by fans
around the world. Through our focused menu and operating
model, we will continue to provide them with the high quality food,
flavor and experience that they crave.”
Wingstop’s corporate and franchise-owned locations currently
operate in nine countries including the U.S., Singapore, the
Philippines, Indonesia, the United Arab Emirates, Malaysia, Saudi
Arabia and Colombia. As of the end of 2017, the Company had
over 1,000 signed commitments for new restaurant development
globally.
About WingstopFounded in 1994 and headquartered in Dallas,
Texas, Wingstop Inc. (NASDAQ:WING) operates and franchises more
than 1,000 locations across the United States, Mexico, Singapore,
the Philippines, Indonesia, the United Arab Emirates, Malaysia,
Saudi Arabia and Colombia. The Wing Experts’ menu features classic
and boneless wings with 11 bold, distinctive flavors including
Original Hot, Cajun, Atomic, Mild, Teriyaki, Lemon Pepper,
Hawaiian, Garlic Parmesan, Hickory Smoked BBQ, Louisiana Rub, and
Mango Habanero. Wingstop’s wings are always cooked to order,
hand-sauced and tossed and served with a variety of house-made
sides including fresh-cut, seasoned fries. Having grown its
domestic same store sales for 13 consecutive years, the Company has
been ranked #3 on the “Top 100 Fastest Growing Restaurant Chains”
by Nation’s Restaurant News (2016), #7 on the “Top 40 Fast Casual
Chains” by Restaurant Business (2016), and was named “Best
Franchise Deal in North America” by QSR magazine (2014).
Wingstop was ranked #88 on Fortune’s 100 Best Medium Workplaces
list in October 2016. Follow us on facebook.com/Wingstop and
Twitter @Wingstop.
Media ContactBrian Bell972-707-3956bbell@wingstop.com
Investor ContactRaphael
Gross203-682-8253raphael.gross@icrinc.com
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