Sami Siddiqui Appointed President of Popeyes Americas

Rhea-AI Summary

Restaurant Brands International Inc. (QSR) has appointed Sami Siddiqui as the new President of Popeyes Louisiana Kitchen for the Americas, effective immediately. Siddiqui previously served as President for the Asia-Pacific region, where he successfully introduced Popeyes to China and the Philippines. CEO Jose Cil highlighted Siddiqui's strong franchisee collaboration and expansion efforts. Following this transition, Felipe Athayde will leave RBI to pursue opportunities outside the industry. RBI operates over 27,000 restaurants globally and achieved approximately $32 billion in annual sales.

Positive

• Sami Siddiqui's appointment is expected to drive growth for Popeyes in the Americas.
• Siddiqui has a track record of successful brand expansion and franchisee collaboration.
• RBI reported annual system-wide sales of approximately $32 billion, indicating strong financial health.

Negative

• Felipe Athayde's departure may disrupt operations during the transition period.

TORONTO, Sept. 8, 2020 /PRNewswire/ - Restaurant Brands International Inc. ("RBI") (TSX: QSR) (NYSE: QSR) (TSX: QSP) today announced that Sami Siddiqui has been appointed President of Popeyes Louisiana Kitchen for the Americas.

Sami has most recently served as President of Asia-Pacific for RBI, leading the growth of Popeyes, Burger King and Tim Hortons throughout the region, including introducing the Popeyes brand in China and the Philippines.

Jose Cil, Chief Executive Officer of RBI commented, "I'm very proud to announce that Sami will be leading Popeyes through our exciting next phase of growth across the Americas. Popeyes is a brand with a well-known heritage and more recently has demonstrated unprecedented growth through exceptional menu innovation in our iconic Chicken Sandwich. Sami has an excellent track record working with our franchisees to drive our brand and restaurant expansion."

Additionally, Mr. Cil announced that Felipe Athayde is leaving RBI to pursue a new role outside of the quick service restaurant industry. Felipe and Sami will work together to smoothly transition the role throughout September. "Felipe has all our best wishes for his next endeavor," said Cil.

About Restaurant Brands International Inc.

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 Sami Siddiqui and what is his new role at QSR?

Sami Siddiqui has been appointed President of Popeyes Louisiana Kitchen for the Americas, responsible for driving growth in this region.

What was Siddiqui's previous position before leading Popeyes?

Before his current role, Sami Siddiqui served as President of the Asia-Pacific region for Restaurant Brands International.

How much did Restaurant Brands International generate in annual sales?

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

Why did Felipe Athayde leave RBI?

Felipe Athayde has left RBI to pursue a new role outside of the quick service restaurant industry.