Wall Street Futures Dip as Broadcom Slides, Tech Weighed Down Despite Dovish Fed Signals 
Air Force One Delivery Delayed to 2028 as Boeing Faces Rising Costs 
SK Hynix Considers U.S. ADR Listing to Boost Shareholder Value Amid Rising AI Chip Demand 
U.S. Dollar Slides for Third Straight Week as Rate Cut Expectations Boost Euro and Pound 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
Air Transat Reaches Tentative Agreement With Pilots, Avoids Strike and Restores Normal Operations 
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly 
Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns 
EU Court Cuts Intel Antitrust Fine to €237 Million Amid Long-Running AMD Dispute 
Asian Stocks Slip Ahead of Fed Decision as China Deflation Concerns Deepen 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal 
US Signals Openness to New Trade Deal as Brazil Shows Willingness, Says USTR Greer 
Azul Airlines Wins Court Approval for $2 Billion Debt Restructuring and New Capital Raise 
Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade 
Apple App Store Injunction Largely Upheld as Appeals Court Rules on Epic Games Case 
Burger King franchisee, the Carrols Restaurant Group, announced it has hired a former McDonald's vice president to be its new chief executive officer. On Tuesday, Feb. 22, Paulo Pena was introduced as the company's new chief.
Carrols Restaurant Group, an American franchisee company, headquartered in Syracuse, New York, is Burger King's largest operator. Its CEO, Dan Accordino, is set to retire after working for the firm for 50 years, and Carrols has already found someone qualified to take over his post.
According to Restaurant Business Online, Pena will start working as the firm's new chief on Apr. 1. It was mentioned that Accordino is already 71 years old, which means he has started his long career at Carrols Restaurant Group at the age of 21.
Along with the assignment of a new CEO, the Burger King franchisee also stated that David Harris, who has been with the company's board director since May 2012, will become a non-executive chairman. In any case, Pena is joining Carrols in April and bringing with him his 20 years of experience in the business.
Currently, he is working as the global chief operating officer of Selina, one of the world's largest hospitality brands. Pena manages operations at the firms' 95 beautifully-designed accommodation properties.
Prior to working at Selina, the newly-appointed Carrols chief served as McDonald's USA's vice president. As the VP, he handled the operations for the fast-food chain's 800 restaurants. Mr. Pena's resume also showed that he was a former executive at Wyndham Hotel Group, The Coca-Cola Company, and Ernst & Young.
With his impressive work background, it is no wonder that he has been chosen to replace the retiring Carrols CEO. Pena is now expected to lead Carrols, which operates over 1,000 Burger King stores, including some Popeyes, to continue being the largest franchisee in the U.S.
"We are excited to be welcoming Paulo as our new Chief Executive Officer," Carrol's non-executive chairman, David Harris, said in a press release. "The Board conducted a comprehensive search process and had numerous, highly qualified candidates to consider. We are confident that we have identified an exemplary individual with the skills and experience necessary to be a strong and effective leader of Carrols."
