Burger King franchisee, the Carrols Restaurant Group, announced it has hired a former McDonald's vice president to be its new chief executive officer. On Tuesday, Feb. 22, Paulo Pena was introduced as the company's new chief.
Carrols Restaurant Group, an American franchisee company, headquartered in Syracuse, New York, is Burger King's largest operator. Its CEO, Dan Accordino, is set to retire after working for the firm for 50 years, and Carrols has already found someone qualified to take over his post.
According to Restaurant Business Online, Pena will start working as the firm's new chief on Apr. 1. It was mentioned that Accordino is already 71 years old, which means he has started his long career at Carrols Restaurant Group at the age of 21.
Along with the assignment of a new CEO, the Burger King franchisee also stated that David Harris, who has been with the company's board director since May 2012, will become a non-executive chairman. In any case, Pena is joining Carrols in April and bringing with him his 20 years of experience in the business.
Currently, he is working as the global chief operating officer of Selina, one of the world's largest hospitality brands. Pena manages operations at the firms' 95 beautifully-designed accommodation properties.
Prior to working at Selina, the newly-appointed Carrols chief served as McDonald's USA's vice president. As the VP, he handled the operations for the fast-food chain's 800 restaurants. Mr. Pena's resume also showed that he was a former executive at Wyndham Hotel Group, The Coca-Cola Company, and Ernst & Young.
With his impressive work background, it is no wonder that he has been chosen to replace the retiring Carrols CEO. Pena is now expected to lead Carrols, which operates over 1,000 Burger King stores, including some Popeyes, to continue being the largest franchisee in the U.S.
"We are excited to be welcoming Paulo as our new Chief Executive Officer," Carrol's non-executive chairman, David Harris, said in a press release. "The Board conducted a comprehensive search process and had numerous, highly qualified candidates to consider. We are confident that we have identified an exemplary individual with the skills and experience necessary to be a strong and effective leader of Carrols."


Wistron Opens $700M Texas AI Factory to Build Nvidia GB300 Superchips
Samsung Biologics Launches $1.81 Billion Bid to Acquire PolyPeptide
KPMG Australia Appoints John Sams as CEO Following Audit Leak Scandal
Samsung Cuts U.S. Consumer Electronics Jobs as Headquarters Moves to Texas
US Dollar Climbs to Weekly High as Middle East Tensions Lift Treasury Yields and Safe-Haven Demand
OpenAI Australia Data Center Switches Cooling Strategy After Recycled Water Plan Fails
Gold Price Jumps Near 2% Above $4,080 as Middle East Tensions Lift Safe-Haven Demand
Cathay Pacific Sees H1 Profit Surge on Strong Travel Demand
SpaceX Q2 Earnings on Aug. 4 Set Stage for Historic Insider Share Unlock
Nvidia Reveals 9.3% Stake in AI Cloud Firm Nebius Following $2 Billion Investment
KKR, AEW Seek China Property Sales as Commercial Real Estate Slump Deepens
Morgan Stanley Downgrades Adobe, Workday as AI Transition Raises Growth Concerns
US Stock Futures Hold Steady as Tesla, Alphabet Earnings and Iran Conflict Dominate Market Focus
Trump Set to Unveil New Tariffs on Dozens of Countries as Global 10% Duty Nears Expiration
Asian Currencies Hold Steady as Middle East Tensions Boost US Dollar, Oil Concerns
Super Micro Computer Stock Jumps 20% After Record AI Orders and Margin Surge
Alaska Air Q3 Outlook Misses Estimates as Higher Fuel Costs Weigh on Profit Forecast 



