Texas Roadhouse announced a key executive change, and it’s coming from within. The 558-unit, Louisville-based chain promoted Tonya Robinson to chief financial officer, replacing company president Scott Colosi, who served in the interim role since 2015.
Robinson, previously vice president of finance and investor relations, joined Texas Roadhouse in 1998 and has been a key figure in its accounting, financial reporting, analysis and planning, and investor relations.
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In the past two decades, Robinson has held a variety of roles, including controller and director of finance reporting.
“Tonya brings unmatched experience, knowledge and understanding of Texas Roadhouse and the investment community. Tonya has and will continue to have a big impact on our company,” Colosi said in a statement.
Colosi assumed the interim CFO role in January 2015 following the departure of Price Cooper to Krispy Kreme. Cooper had held the position since 2011 after starting with Texas Roadhouse in 2006.
Texas Roadhouse posted comparable same-store sales gains of 4.9 percent at company restaurants, including 4 percent higher guest counts, and 3.9 percent at domestic franchised units in the first quarter of fiscal 2018. Diluted earnings per share increased 57.9 percent to 76 cents from 48 cents in the prior year.