Papa Murphy’s Names Nik Rupp as Chief Financial Officer
March 27 2018 - 4:19PM
Papa Murphy’s Holdings, Inc. (NASDAQ:FRSH) today announced that Nik
Rupp has been named Chief Financial Officer, effective April 9,
2018. As previously announced, Mark Hutchens, the incumbent Chief
Financial Officer, will remain as Executive Vice President and
Chief Operating Officer of the Company.
Weldon Spangler, Chief Executive Officer of the
Company, stated, “I am very pleased to welcome Nik to Papa
Murphy’s. His financial leadership and strategic planning expertise
will add significant value to our entire team as we continue to
execute on our long-term initiatives and build brand momentum. We
are also fortunate to have Mark’s breadth of financial acumen and
experience dedicated to our Franchise Owners’ profitability moving
forward in his role as Chief Operating Officer.”
Mr. Rupp brings more than 20 years of senior
level finance and planning experience to Papa Murphy’s, with a
diverse skill set that includes corporate finance, financial
planning and analysis, strategic planning, revenue management and
compliance. He joins Papa Murphy’s from Specialized Bicycle
Components, Inc. where he served as the Chief Financial Officer
from March 2016 to February 2018, and as global controller from
January 2015 to March 2016. Prior to Specialized Bicycle
Components, Inc., Mr. Rupp held several positions at Nike, Inc.,
including Global Controller of Nike Golf, and at Converse, Inc. in
the Netherlands. Mr. Rupp began his career at Scott-Moncrieff
Charted Accountants in Glasgow, Scotland. He holds a degree
in Accountancy from Glasgow Caledonian University in Glasgow,
Scotland.
“I am excited to be joining the Papa Murphy’s
team,” said Mr. Rupp. “I have admired the company for its unique
and high quality product, and I look forward to working with the
team to help drive growth in the business and deliver long-term
value for shareholders.”
ABOUT PAPA MURPHY'SPapa
Murphy's Holdings, Inc. (“Papa Murphy’s” or the “Company”)
(NASDAQ:FRSH) is a franchisor and operator of the largest Take ‘n’
Bake pizza brand in the United States, selling fresh, hand-crafted
pizzas ready for customers to bake at home. The Company was founded
in 1981 and currently operates more than 1,500 franchised and
corporate-owned fresh pizza stores in 39 states, Canada and United
Arab Emirates. Papa Murphy's core purpose is to bring all
families together through food people love with a goal to create
fun, convenient and fulfilling family dinners. In addition to
scratch-made pizzas, the Company offers a growing menu of grab 'n'
go items, including salads, sides and desserts. Order online
today at www.papamurphys.com.
Investor Contact:Alexis Tessier,
ICRpapamurphys-ir@icrinc.com 877-747-7272
Media Contact:Rachael Smith, ICR
Rachael.Smith@icrinc.com 646-277-1261
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