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Investing.com -- Subway has appointed former Burger King executive Jonathan Fitzpatrick as its next chief executive officer, The Wall Street Journal reports, tasking him with improving U.S. sales and expanding the sandwich chain globally.
Fitzpatrick, 55, will become Subway’s first new CEO since private-equity firm Roark Capital acquired the company for approximately $9.6 billion last year. He previously served as CEO of Roark-backed automotive services company Driven Brands from 2012 until May 2024.
The new chief executive is scheduled to begin his role on July 28, filling the position left vacant when John Chidsey departed after helping guide Subway through its sale to Roark.
On Monday, Fitzpatrick told WSJ that his goal is to work with Subway’s franchisees and employees to increase sales and profitability while expanding the company’s international presence.
"I’m excited by the opportunity to shape the future of the company," Fitzpatrick said.
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