American Blue Ribbons Holdings announced the appointment of Kurt Schnaubelt as Chief Financial Officer for its four restaurant concepts and award-winning bakery company.
“We’re excited to have Kurt join our senior leadership team at American Blue Ribbon Holdings,” says ABRH Chief Executive Officer Craig Barber. “I am confident that Kurt’s experience, insights and leadership will deliver extraordinary contributions across the organization. Kurt brings an incredible combination of operational, financial and leadership experience in restaurant and hospitality industry with an impressive record of driving improved performance. We are confident that he will build on our strategic initiatives and plans to create sustainable improvement in cash flow.”
Kurt adds. “I am honored to join the ABRH team at what I know is a positive point of inflection for both the Company and the industry. I look forward to working closely with Craig, the talented ABRH team, and an exceptional Board of Directors. I look forward to helping continue the good work already in process and accelerating our progress in the days ahead to deliver improved value for all ABRH stakeholders.”
Schnaubelt, with more than 27 years of leadership within the restaurant industry, joins ABRH after more than 10 years at AlixPartners, an international advisory firm where he was a Managing Director and co-lead their Restaurant, Hospitality and Leisure practice. Before joining AlixPartners, Schnaubelt was chief financial officer (CFO), executive vice president, and board member of Rita Restaurant Corporation (successor to Avado Brands, Inc.); CFO of Avado Brands (96 Don Pablo’s and 22 Hops restaurants); and CFO of Bertucci’s Brick Oven Pizzeria (90 restaurants).
Schnaubelt has a Master of Science in accounting from the University of Rhode Island and a Bachelor of Science in hotel administration from Cornell University. He is a Certified Management Accountant and a Certified Financial Manager.
Based in Nashville, ABRH owns and operates over 500 restaurants under four concepts including O’Charley’s Restaurant + Bar, Ninety Nine Restaurant and Pub, Village Inn and Bakers Square. Additionally, ABRH owns and operates Legendary Baking, an award-winning baker of over 26 million gourmet pies and premium desserts per year sold to restaurants, independent bakers, retail/grocery customers and other food service customers
News and information presented in this release has not been corroborated by FSR, Food News Media, or Journalistic, Inc.