TL;DR
John Cappasola Jr. will be promoted to CEO of Del Taco, replacing Paul Murphy. Del Taco has had 14 consecutive quarters of same-store sales growth under Murphy's leadership.
In a planned succession, Paul Murphy will be stepping down as chief executive officer and John Cappasola Jr. will be promoted to CEO at Del Taco Restaurants Inc., according to a recent Nation's Restaurant News article. Murphy will hand over his leadership responsibilities on July 7 to the current president and chief brand officer.
“John is a dynamic, people-oriented brand leader who understands strategy and driving business results,” said Lawrence Levy, chair of Del Taco’s board.
Del Taco has had 14 consecutive quarters of same-store sales growth in the first quarter of the year with Murphy at the reigns and the company hopes to continue to stay at the top of the quick-service industry with Cappasola in his new role.
In this story
This story was originally published in 1851 Franchise on June 7, 2017. Burnaze summarizes and links to the original reporting.
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