Dynamic Hospitality Executive with Proven Track Record
of Success to Focus on Enhancing Company’s Immediate and Long-Term
Profitability Objectives.
Chanticleer Holdings, Inc. (NASDAQ:
BURG)
(“Chanticleer” or the “Company”), owner, operator, and franchisor
of multiple nationally recognized restaurant brands today announced
the appointment of Fred Glick as the Company’s President. The
Company anticipates he will also be appointed to its board of
directors at its next meeting.
Mr. Glick brings to Chanticleer expertise that encompasses
organizational development, managerial development, business
expansion, corporate imaging, and market penetration. He has a
documented track record of achieving consistently positive sales
and profit growth over many consecutive years, through corporate
culture management and driving employee engagement. He maintains a
passion for inspiring, developing, and managing high-performing
teams to achieve and exceed organizational objectives.
“I’m thrilled to join Chanticleer at such an exciting time in
their growth curve. Having spent considerable time reviewing their
better burger brands including Little Big Burger and Burgers
Grilled Right, I think we have a uniquely strong foundation from
which to accelerate future growth. I look forward to immediately
rolling up my sleeves and getting to work helping to oversee our
continued expansion, while most importantly enhancing our immediate
and long-term profitability objectives”, stated Fred Glick.
Glick continued, "I want to personally also thank our largest
debt holders, both of which I met with before taking this
opportunity. Their commitment to extend our debt, providing me the
runway to generate meaningful results, gives me great added cause
for optimism.”
Most recently Glick served as the VP of Brewery Restaurants for
Karl Strauss Brewing Company where he successfully executed
hospitality and social media initiatives focusing on 5-star yelp
experiences. During this time the company more than doubled their
5-star review average from under 30% to over 62% bringing all 10
locations to a 4 star or better average.
While there, he also effectively rolled out HotSchedules and
CTUIT tools for improved store level financial analysis and hourly
productivity, successfully opened new flagship locations in Anaheim
and Downtown Los Angeles locations, successfully rebranded and
remodeled three locations leading to double digit sales increases,
partnered with Ken Blanchard Companies to launch Blanchard
certified management development programs, instilled Safe and Clean
as core values to all employees and partnered with purchasing
professionals to save several hundred thousand dollars in first
year efficiencies. Prior to that he served five years as the VP of
Operations for Phil’s BBQ, one of Southern California’s highest
volume BBQ restaurants and served 15 years as president and COO of
a $70 million, 25 store Hooters restaurant franchise he grew from a
grass field in Omaha, NE.
Mike Pruitt, Chanticleer Chief Executive Officer stated, I’m
pleased to welcome an experienced operator like Fred to our team.
Considering recent growth in our Little Big Burger brand resulting
in store count nearly doubling in 2018, the timing couldn’t be
better to build atop of recent progress. Fred is a proven leader
who is known for his ability to build brands through driving
positive employee and guest experiences resulting in revenue growth
and optimized profits. I look forward to working with him as
we seek to drive long term profitable growth through balancing our
three important stakeholders, customers, team members and
investors.”
The Company recently provided a development update on its Little
Big Burger (“LBB”) and Burgers Grilled Right (“BGR”) brands
available here: Update About Chanticleer Holdings,
Inc.
Headquartered in Charlotte, NC, Chanticleer Holdings owns,
operates, and franchises fast, casual, and full-service restaurant
brands, including American Burger Company, BGR – Burgers Grilled
Right, Little Big Burger, Just Fresh, and Hooters. For more
information, please visit:
www.chanticleerholdings.com.
About Little Big Burger
Little Big Burger (''LBB'') is a wholly-owned subsidiary of
Chanticleer Holdings, Inc. Founded in Portland, OR in 2010, LBB is
a counter service, fast-casual restaurant concept offering fresh,
high quality cooked-to-order burgers, truffle fries and root beer
floats. LBB has developed a cult-like following in the Pacific
Northwest by offering a simple menu focused on delicious quality,
served in a hip atmosphere. Parties interested in franchise
opportunities should send an email to
mp@chanticleerholdings.com or visit
www.littlebigburger.com.
A video about Little Big Burger may be viewed at the following
link:
http://www.chanticleerholdings.com/brands/littlebigburger/
About Burgers Grilled Right
BGR is helping lead the better burger market with a menu
designed around our commitment to using only the highest quality
ingredients. BGR's menu is designed around burgers grilled over an
open flame. BGR operates stores domestically and internationally,
with franchise opportunities in both markets. For more information,
visit www.bgrtheburgerjoint.com.
Forward-Looking Statements:
Any statements that are not historical facts contained in this
release are “forward-looking statements” as that term is defined
under the Private Securities Litigation Reform Act of 1995 (PSLRA),
which statements may be identified by words such as “expects,”
“plans,” “projects,” “will,” “may,” “anticipates,” “believes,”
“should,” “intends,” “estimates,” and other words of similar
meaning. Such forward-looking statements are based on current
expectations, involve known and unknown risks, a reliance on third
parties for information, transactions or orders that may be
cancelled, and other factors that may cause our actual results,
performance or achievements, or developments in our industry, to
differ materially from the anticipated results, performance or
achievements expressed or implied by such forward-looking
statements. Factors that could cause actual results to differ
materially from anticipated results include risks and uncertainties
related to the fluctuation of global economic conditions, the
performance of management and our employees, our ability to obtain
financing or required licenses, competition, general economic
conditions and other factors that are detailed in our periodic
reports and on documents we file from time to time with the
Securities and Exchange Commission. The forward-looking statements
contained in this press release speak only as of the date the
statements were made, and the companies do not undertake any
obligation to update forward-looking statements. We intend that all
forward-looking statements be subject to the safe-harbor provisions
of the PSLRA.
Contact Information:
Investor Relations Jason Assad 678-570-6791
Ja@chanticleerholdings.com
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