Jason Melbourne to Join the Board of Directors of Restaurant Brands International

Rhea-AI Summary

The Board of Directors of Restaurant Brands International (QSR) announced the appointment of Jason Melbourne as an independent director. Currently a Managing Director at Canaccord Genuity, Melbourne brings extensive capital market experience from previous roles at Genuity Capital Markets and CIBC World Markets. His addition is expected to enhance strategic decision-making, benefiting brands like Tim Hortons, Burger King, and Popeyes. The company reported approximately $32 billion in annual system-wide sales across over 27,000 restaurants globally.

Positive

• Appointment of Jason Melbourne as an independent board member expected to enhance strategic guidance.
• Melbourne's extensive experience in capital markets may positively impact financial strategies.
• His community involvement aligns with the company's brand identity and community-focused strategies.

Negative

• None.

TORONTO, Sept. 22, 2020 /PRNewswire/ - The Board of Directors of Restaurant Brands International Inc. (TSX: QSR) (NYSE: QSR) (TSX: QSP) ("RBI") announced today that Jason Melbourne was appointed to join the RBI Board of Directors as an independent member.

Mr. Melbourne is currently the Managing Director and Head of Canadian Equities at Canaccord Genuity in Toronto, Ontario. He has extensive capital market experience, including his previous roles at Genuity Capital Markets and CIBC World Markets – both based in Toronto. Mr. Melbourne is a strong supporter of public service and the community, including through his current board of director roles for the Ontario Lottery and Gaming Corporation and youth basketball charity, Lay-Up, that provides free basketball programs in Toronto's priority communities.

"Jason is well-respected throughout Canada's business community and is an excellent addition to our Board of Directors. We're excited for him to join us and I know that Tim Hortons, Burger King and Popeyes will benefit from his valued counsel," said Daniel Schwartz, Co-Chair of RBI's Board of Directors.

"We are building the world's most loved restaurant brands and giving back to our communities where we live and work is a large part of our brand identity. Jason will be an exceptional voice on the board to guide us on both our business and community strategies – especially here in Canada where Tim Hortons has a deep history of community contribution and support," said Jose Cil, Chief Executive Officer of RBI.

"It's an honour to join the RBI Board of Directors and help shape the future of three of the world's most iconic restaurant brands. I'm proud to join the other Directors and look forward to working with management on their exciting plans for growth around the world," said Jason Melbourne.

About Restaurant Brands International
Restaurant Brands International Inc. is one of the world's largest quick service restaurant companies with approximately $32 billion in annual system-wide sales and over 27,000 restaurants in more than 100 countries and U.S. territories. RBI owns three of the world's most prominent and iconic quick service restaurant brands – TIM HORTONS®, BURGER KING®, and POPEYES®. These independently operated brands have been serving their respective guests, franchisees and communities for over 45 years.

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SOURCE Restaurant Brands International Inc.

FAQ

Who is Jason Melbourne and what is his role at Restaurant Brands International (QSR)?

Jason Melbourne is the newly appointed independent board member of Restaurant Brands International, bringing extensive capital market experience.

What experience does Jason Melbourne bring to the Board of Directors of QSR?

Melbourne has significant capital market experience from his roles at Canaccord Genuity, Genuity Capital Markets, and CIBC World Markets.

What impact might Jason Melbourne's appointment have on QSR?

His appointment is expected to enhance strategic decision-making and financial guidance for the company's brands.

What is the annual sales figure for Restaurant Brands International?

Restaurant Brands International reported approximately $32 billion in annual system-wide sales.