Papa John's International, Inc. announced the promotion of Ravi Thanawala to Chief Financial Officer and President, North America.
Ravi Thanawala will lead the Company's North American business, focusing on restaurant operations and development strategies in addition to his CFO responsibilities.
The management changes, effective immediately, aim to drive growth and value creation for shareholders, customers, and franchisees.
Promotion of Ravi Thanawala
Ravi Thanawala, previously CFO and EVP, International, will now lead the Company's North American operations as CFO and President.
Strategic Management Changes
Chris Lyn-Sue has been promoted to lead the International business, while Joe Sieve, Chief Restaurant and Global Development Officer, is departing.
Positive Business Performance
Under Thanawala's leadership, Papa John's reported four consecutive quarters of positive International comparable sales.
- Ravi Thanawala's promotion signifies a strategic shift in Papa John's leadership towards enhancing its North American operations and driving growth.
- The Company aims to capitalize on Thanawala's successful track record in improving the International business to replicate similar success in North America.
The appointment of Ravi Thanawala as Chief Financial Officer and President, North America, reflects Papa John's commitment to strengthening its operations and achieving sustainable growth in the competitive food industry.