The award-winning casual-dining franchise Quaker Steak & Lube, known for its Best Wings USA and more than 20 sauces, announced it has appointed Fred Dreibholz as chief financial officer effective November 1.
Dreibholz is a 20-year industry veteran, most recently working with Champps Entertainment and FLIK International.
Dreibholz has extensive experience transforming small companies into large enterprises, achieving triple-digit revenue growth and dramatic expansion in the U.S. and global markets while maintaining a strong focus on cost control and profit enhancement.
He has focused his expertise in the retail, restaurant, and hospitality segments.
“Fred has a wealth of experience with a long, proven track record of success, and we’re excited to have him on board,” says John Longstreet, president and CEO, Quaker Steak & Lube. “Adding a talent like Fred to our team is one more part of our strategic plan and dedication to continue to expand Lube Nation and grow the brand in markets across the country.”
Over the past few years, Dreibholz has worked with several of the top private equity firms in the country including Sun Capital, Lincolnshire Management, Castanea Partners, and Enhanced Equity Partners.
Dreibholz is a Certified Public Accountant and earned an MBA in finance and accounting from Marquette University. He received an undergraduate degree from Cornell University.
“It’s an honor to join Quaker Steak & Lube as their chief financial officer, and I look forward to working with the company leadership and franchisee community to help drive the brands’ growth forward,” Dreibholz says.