STOCK TITAN

Papa Johns Announces Kevin Vasconi as Chief Digital and Technology Officer

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags

Papa Johns (NASDAQ: PZZA) has announced key leadership changes to drive digital innovation and global growth. Kevin Vasconi joins as Chief Digital and Technology Officer, bringing extensive experience from Wendy's and Domino's. He will lead Papa Johns' digital strategy, focusing on customer-facing, restaurant, and corporate technology.

Additionally, Ravi Thanawala, current CFO, adds EVP, International to his role, overseeing markets outside the U.S. and Canada. Joe Sieve becomes Chief Restaurant and Global Development Officer, managing global development and restaurant operations.

These appointments aim to enhance Papa Johns' digital capabilities, international expansion, and overall operational efficiency in an increasingly competitive QSR landscape.

Papa Johns (NASDAQ: PZZA) ha annunciato importanti cambiamenti nel leadership per guidare l'innovazione digitale e la crescita globale. Kevin Vasconi entra come Chief Digital and Technology Officer, portando un'ampia esperienza da Wendy's e Domino's. Sarà responsabile della strategia digitale di Papa Johns, concentrandosi sulla tecnologia per i clienti, i ristoranti e le aziende.

Inoltre, Ravi Thanawala, attuale CFO, assume anche il ruolo di EVP, Internazionale, supervisando i mercati al di fuori degli Stati Uniti e del Canada. Joe Sieve diventa Chief Restaurant and Global Development Officer, gestendo lo sviluppo globale e le operazioni dei ristoranti.

Questi incarichi mirano a migliorare le capacità digitali di Papa Johns, l'espansione internazionale e l'efficienza operativa complessiva in un panorama QSR sempre più competitivo.

Papa Johns (NASDAQ: PZZA) ha anunciado cambios clave en el liderazgo para impulsar la innovación digital y el crecimiento global. Kevin Vasconi se une como Director Digital y de Tecnología, aportando una amplia experiencia de Wendy's y Domino's. Dirigirá la estrategia digital de Papa Johns, enfocándose en la tecnología orientada al cliente, al restaurante y a la corporación.

Además, Ravi Thanawala, actual CFO, agrega el cargo de EVP, Internacional a su rol, supervisando los mercados fuera de Estados Unidos y Canadá. Joe Sieve se convierte en Director de Restaurantes y Desarrollo Global, gestionando el desarrollo global y las operaciones de los restaurantes.

Estos nombramientos tienen como objetivo mejorar las capacidades digitales de Papa Johns, la expansión internacional y la eficiencia operativa general en un panorama QSR cada vez más competitivo.

파파존스 (NASDAQ: PZZA)는 디지털 혁신 및 글로벌 성장을 촉진하기 위한 주요 리더십 변화를 발표했습니다. 케빈 바스코니가 최고 디지털 및 기술 책임자로 합류하여 웬디스 및 도미노에서 쌓은 폭넓은 경험을 제공합니다. 그는 Papa Johns의 디지털 전략을 이끌어 가며 고객, 레스토랑 및 기업 기술에 중점을 둘 것입니다.

또한, 현재 CFO인 라비 타나왈라는 EVP, 국제을 역할에 추가하여 미국 및 캐나다 외의 시장을 감독합니다. 조 시브는 최고 레스토랑 및 글로벌 개발 책임자가 되어 글로벌 개발 및 레스토랑 운영을 관리합니다.

이번 임명은 Papa Johns의 디지털 역량, 국제적 확장 및 전체 운영 효율성을 향상시키기 위한 것으로, 점점 더 치열해지는 QSR 환경에서 중요한 의미를 갖습니다.

Papa Johns (NASDAQ: PZZA) a annoncé des changements clés dans son leadership pour stimuler l'innovation numérique et la croissance mondiale. Kevin Vasconi rejoint l'entreprise en tant que Directeur numérique et technologique, apportant une vaste expérience de Wendy's et Domino's. Il dirigera la stratégie numérique de Papa Johns, en se concentrant sur les technologies orientées vers le client, le restaurant et l'entreprise.

De plus, Ravi Thanawala, actuel CFO, ajoute à son rôle celui de EVP, International, supervisant les marchés en dehors des États-Unis et du Canada. Joe Sieve devient Directeur des restaurants et du développement global, gérant le développement mondial et les opérations des restaurants.

Ces nominations visent à améliorer les capacités numériques de Papa Johns, l'expansion internationale et l'efficacité opérationnelle globale dans un paysage QSR de plus en plus concurrentiel.

Papa Johns (NASDAQ: PZZA) hat wichtige Führungsänderungen angekündigt, um digitale Innovation und globales Wachstum voranzutreiben. Kevin Vasconi tritt als Chief Digital and Technology Officer bei, mit umfangreicher Erfahrung von Wendy's und Domino's. Er wird die digitale Strategie von Papa Johns leiten, mit Fokus auf kundenorientierte, restaurant- und unternehmensbezogene Technologie.

Zusätzlich übernimmt Ravi Thanawala, der derzeit CFO ist, die Rolle des EVP, International und überwacht Märkte außerhalb der USA und Kanadas. Joe Sieve wird Chief Restaurant and Global Development Officer und verantwortet die globale Entwicklung und den Restaurantbetrieb.

Diese Ernennungen zielen darauf ab, die digitalen Fähigkeiten von Papa Johns, die internationale Expansion und die allgemeine betriebliche Effizienz in einer zunehmend wettbewerbsintensiven QSR-Landschaft zu verbessern.

Positive
  • Appointment of Kevin Vasconi as Chief Digital and Technology Officer, bringing expertise from Wendy's and Domino's
  • Expansion of Ravi Thanawala's role to include international markets oversight
  • Joe Sieve's role expanded to oversee global development and restaurant operations
  • Strategic focus on enhancing digital capabilities and customer experience
Negative
  • None.

Insights

Kevin Vasconi's appointment as Chief Digital and Technology Officer at Papa Johns is a strategic move to bolster the company's digital capabilities. His track record of tripling e-commerce business at Wendy's and his experience at Domino's indicate a strong potential for Papa Johns to enhance its digital ordering and customer engagement platforms. This could lead to increased sales through digital channels, which is important in the competitive QSR space.

The focus on enterprise architecture, data analytics and information security suggests Papa Johns is preparing for a comprehensive digital transformation. This could result in more personalized customer experiences, improved operational efficiency and better data-driven decision-making. However, the success of these initiatives will depend on seamless integration with existing systems and franchisee adoption.

While the appointment of Kevin Vasconi is promising for Papa Johns' digital strategy, the immediate financial impact may be The real value lies in the long-term potential for increased sales and operational efficiencies. Investors should watch for future announcements on specific digital initiatives and their impact on key financial metrics.

The expansion of Ravi Thanawala's role to include international operations could signal a renewed focus on global expansion. This might lead to increased revenue streams from international markets, but also comes with risks associated with global operations. Similarly, Joe Sieve's expanded role overseeing global development could accelerate franchise growth, potentially boosting royalty revenues. These organizational changes suggest Papa Johns is positioning itself for broader market reach and more integrated operations.

Ravi Thanawala adds EVP, International to his Chief Financial Officer position.

Joe Sieve to oversee international development, in addition to current North America development and restaurant operations responsibilities, as Chief Restaurant & Global Development Officer.

ATLANTA--(BUSINESS WIRE)-- Papa John’s International, Inc. (NASDAQ: PZZA) (“Papa Johns®”) announced the appointment of Kevin Vasconi to Chief Digital and Technology Officer, effective today. Mr. Vasconi brings proven enterprise technology leadership to the company. He most recently served as Chief Information Officer for The Wendy’s Company, where he led their transformation and tripled its ecommerce business in three years through a consumer-centric approach, leveraging technology to build loyalty with Wendy’s customers.

Kevin Vasconi, Chief Digital and Technology Officer, Papa Johns (Photo: Business Wire)

Kevin Vasconi, Chief Digital and Technology Officer, Papa Johns (Photo: Business Wire)

In this role, Mr. Vasconi will be responsible for guiding the development and execution of Papa Johns long-term strategy across the entire digital and technology ecosystem, including customer-facing, restaurant and corporate technology. This includes enterprise architecture, engineering, data analytics, enterprise technology, information security, as well as advancing scalable, cost-effective technology capabilities for the franchise system globally. Working closely with the marketing organization and restaurant operations, he will develop innovative solutions for customers and team members that enable the delivery of superior quality pizza to Papa Johns customers around the world.

“Kevin and I worked together at The Wendy’s Company, where I experienced first-hand his ability to lead technology innovation that delivered significant impact for our customers, team members and franchisees,” said Todd Penegor, President and Chief Executive Officer. “His experience spans a number of industries, though his leadership in QSR, in particular, has been recognized in the industry and has served as an inspiration for other peers in our category. I look forward to Kevin’s partnership across our leadership team to build on the success Papa Johns has had in the digital space, while also leveraging technology to develop even better platforms, partnerships and systems to enable us to build for the future.”

Prior to The Wendy’s Company, Mr. Vasconi spent eight years at Domino’s as EVP and Chief Information Officer, where he was responsible for developing and growing its domestic and international ecommerce businesses. He has a 35+ year career in technology, including 12 years at Ford Motor Company, and CIO and CTO roles at Covisint LLC, Polk North America, Polk Global Automotive, and Stanley Black & Decker.

“I am excited to join the talented team at Papa Johns and lead our technology strategy as we look to create great experiences for our customers and team members around the globe,” said Mr. Vasconi. “I have a passion for the restaurant industry, where I’ve spent the past 12 years of my career, because of our ability to impact so many consumers through technology every day. Papa Johns is a brand I’ve admired given its continued innovation in the technology space. With the digital space in QSR becoming more competitive than ever, there’s both great challenge and opportunity ahead. I’m looking forward to working with the executive team and our technology team to unlocking growth for Papa Johns.”

Mr. Vasconi will report to Mr. Penegor and serve on the Papa Johns Executive Leadership Team. Additionally, current Executive Leadership team members, Ravi Thanawala and Joe Sieve, will assume expanded roles, effective immediately.

Mr. Thanawala, Chief Financial Officer, has been appointed Chief Financial Officer and EVP, International. In this new position, he will now manage the Company’s international business, which includes markets outside of the United States and Canada, along with his CFO responsibilities.

Mr. Sieve has been appointed Chief Restaurant and Global Development Officer. In this new position, he will now oversee all global development, as well as corporate and franchise restaurant operations.

About Papa Johns

Papa John’s International, Inc. (NASDAQ: PZZA) opened its doors in 1984 with one goal in mind: BETTER INGREDIENTS. BETTER PIZZA.® Papa Johns believes that using high-quality ingredients leads to superior quality pizzas. Its original dough is made of only six ingredients and is fresh, never frozen. Papa Johns tops its pizzas with real cheese made from mozzarella, pizza sauce made with vine-ripened tomatoes that go from vine to can in the same day and meat free of fillers. It was the first national pizza delivery chain to announce the removal of artificial flavors and synthetic colors from its entire food menu. Papa Johns is co-headquartered in Atlanta, Ga. and Louisville, Ky. and is the world’s third-largest pizza delivery company with approximately 5,900 restaurants in approximately 50 countries and territories. For more information about the company or to order pizza online, visit www.PapaJohns.com or download the Papa Johns mobile app for iOS or Android.

Forward-Looking Statements

Certain matters discussed in this press release which are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see “Part I. Item 1A. - Risk Factors” of the Annual Report on Form 10-K for the fiscal year ended December 31, 2023. We undertake no obligation to update publicly any forward-looking statements, whether as a result of future events, new information or otherwise.

Media Contact:

Janelle Panebianco

Senior Director, External Communications

Papa John’s International

Janelle_Panebianco@papajohns.com



Investor Contact:

Stacy Frole

Vice President, Investor Relations

Papa John’s International

investor_relations@papajohns.com

Source: Papa John’s International, Inc.

FAQ

Who is the new Chief Digital and Technology Officer at Papa Johns (PZZA)?

Kevin Vasconi has been appointed as the new Chief Digital and Technology Officer at Papa Johns (PZZA), effective immediately.

What is Kevin Vasconi's background before joining Papa Johns (PZZA)?

Kevin Vasconi previously served as Chief Information Officer at The Wendy's Company and spent eight years at Domino's as EVP and Chief Information Officer.

What changes were made to Ravi Thanawala's role at Papa Johns (PZZA)?

Ravi Thanawala, the current Chief Financial Officer at Papa Johns (PZZA), has been appointed Chief Financial Officer and EVP, International, now overseeing the company's international business.

What is Joe Sieve's new role at Papa Johns (PZZA)?

Joe Sieve has been appointed Chief Restaurant and Global Development Officer at Papa Johns (PZZA), overseeing all global development, corporate and franchise restaurant operations.

Papa John's International Inc

NASDAQ:PZZA

PZZA Rankings

PZZA Latest News

PZZA Stock Data

1.55B
32.14M
1.55%
129.3%
10.55%
Restaurants
Retail-eating Places
Link
United States of America
LOUISVILLE