SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market 
Ford Takes $19.5 Billion Charge as EV Strategy Shifts Toward Hybrids 
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing 
noyb Files GDPR Complaints Against TikTok, Grindr, and AppsFlyer Over Alleged Illegal Data Tracking. 
Shell M&A Chief Exits After BP Takeover Proposal Rejected 
Fortescue Expands Copper Portfolio With Full Takeover of Alta Copper 
California Jury Awards $40 Million in Johnson & Johnson Talc Cancer Lawsuit 
FDA Says No Black Box Warning Planned for COVID-19 Vaccines Despite Safety Debate 
Treasury Wine Estates Shares Plunge on Earnings Warning Amid U.S. and China Weakness 
Sanofi’s Efdoralprin Alfa Gains EMA Orphan Status for Rare Lung Disease 
Strategy Retains Nasdaq 100 Spot Amid Growing Scrutiny of Bitcoin Treasury Model 
Woolworths Faces Fresh Class Action Over Alleged Underpayments, Shares Slide 
MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy 
Coca-Cola’s Proposed Sale of Costa Coffee Faces Uncertainty Amid Price Dispute 
EU Signals Major Shift on 2035 Combustion Engine Ban Amid Auto Industry Pressure 
Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation 
Robinhood Expands Sports Event Contracts With Player Performance Wagers 
TGI Fridays announced the appointment of new executives to boost its leadership team. The American restaurant chain said it assigned Ray Risley as its US office's president and chief operating officer. At the same time, Nik Rupp will become the new chief financial officer and president of international markets.
As per Restaurant Business, Risley previously led Via 313, the home of genuine Detroit-style pizza, as its chief executive officer. He also held the COO position at Papa Murphy's, and most of his career in the restaurant sector was spent holding various leadership positions at Del Frisco's Restaurant Group.
Augmenting TGI Fridays' Management Unit
On Wednesday, Dec. 13, TGI Fridays confirmed it had hired two new executives to further strengthen the company's executive lineup and boost the management and brand. The latest addition of a new COO and CFO comes just months after the company named its second CEO in just a year.
Weldon Spangler took over the chief role from Brandon Coleman in October. The latter was only appointed in August; thus, it was a short stint. Coleman was said to have stepped down, citing personal reasons.
Responsibilities of New TGI Fridays Leaders
As president and COO, Risley will be in charge of overseeing and management of all facets of the restaurant chain's operations. He will also reinforce good performance standards in all TGI Fridays locations in the United States, covering franchised and company-owned outlets.
On the other hand, Rupp will lead the financial strategy of the brand with a focus on growth. He will also manage relationships with global franchisees to ensure coordinated and smooth business dealings.
"We have a significant opportunity to lead this much-loved, heritage brand through a revitalized new chapter, and by bringing on Ray and Nik to our leadership team, we are confident in what we can accomplish in the coming year," TGI Fridays' chief executive officer, Weldon Spangler, said in a press release. "Not only do Ray and Nik have tremendous experience in the restaurant industry that will drive growth for our brand and our franchisees, but their enthusiasm and passion for TGI Fridays will also be a cornerstone to our vision for the company."
Photo by: Viktor Forgacs/Unsplash
