Robinhood Expands Sports Event Contracts With Player Performance Wagers 
SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market 
iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures 
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing 
Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation 
HSBC’s $13.6 Billion Take-Private Offer for Hang Seng Bank Gains Board Backing 
FAA Unveils Flight Plan 2026 to Strengthen Aviation Safety and Workforce Development 
SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles 
Strategy Retains Nasdaq 100 Spot Amid Growing Scrutiny of Bitcoin Treasury Model 
Nomura Expands Alternative Assets Strategy With Focus on Private Debt Acquisitions 
Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push 
EU Signals Major Shift on 2035 Combustion Engine Ban Amid Auto Industry Pressure 
California Jury Awards $40 Million in Johnson & Johnson Talc Cancer Lawsuit 
Fortescue Expands Copper Portfolio With Full Takeover of Alta Copper 
Coca-Cola’s Proposed Sale of Costa Coffee Faces Uncertainty Amid Price Dispute 
Sanofi’s Efdoralprin Alfa Gains EMA Orphan Status for Rare Lung Disease 
Pizza Hut has appointed a new executive to lead its business in the United States. Carl Loredo, the global chief marketing officer of The Wendy’s Company, is its new US business president.
Nation’s Restaurant News reported that Yum! Brands, the parent company of Pizza Hut, announced on Monday, May 6, that Juan Carlos “Carl” Loredo had joined the company, leaving his CMO role at Wendy’s, which he held since 2019. He will officially start his work at the pizza chain on June 3.
Main Responsibilities at Pizza Hut
As president of Pizza Hut’s US operations, Loredo would be in charge of the business’s overall performance in the region. He is expected to help turn Pizza Hut around, as it is currently struggling in its home market.
The new US president of the pizza chain has a lot to do to revive the brand in the territory by driving in more sales. Once Loredo takes the helm at Pizza Hut, he will directly report to the chain’s division chief executive officer, Aaron Powell.
“Carl comes to Pizza Hut with a strong track record of positioning brands for success and delivering results in highly competitive markets. He is adept at helping brands show up in novel and authentic ways at the right intersection of customer need and culture,” Powell said in a press release. “The Pizza Hut team is delighted to welcome Carl, who will bring a passion and focus that will take us forward to the brand’s next bright chapter.”
Veteran Executive From The Wendy’s Company
The incoming Pizza Hut US division’s president is a veteran executive who just left his CMO job at The Wendy’s Company. As he moves to the pizza chain, Lindsay Radkoski has been appointed to replace him as global marketing chief at the burger joint.
Loredo has been with Wendy’s for more than eight years and played a big role in growing the restaurant’s digital business. Restaurant Business noted that definitely, he is moving to Pizza Hut with a strong track record of positioning brands for success even in the highly competitive fast-food market.
Photo by: Terence Ong/Wikimedia Commons (CC BY-SA 3.0)
