TGI Fridays Appoints New Executives to Boost Leadership Team

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."

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