Platinum Price Surges Past $2,000 as Demand and Supply Dynamics Tighten 
ByteDance Plans Massive AI Investment in 2026 to Close Gap With U.S. Tech Giants 
Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling 
Hyundai Recalls Over 51,000 Vehicles in the U.S. Due to Fire Risk From Trailer Wiring Issue 
Uber and Baidu Partner to Test Robotaxis in the UK, Marking a New Milestone for Autonomous Ride-Hailing 
BOJ Minutes Reveal Growing Debate Over Interest Rate Hikes and Inflation Risks 
Saks Global Weighs Chapter 11 Bankruptcy Amid Debt Pressures and Luxury Retail Slowdown 
Oil Prices Edge Higher as Strong U.S. Growth and Supply Risks Support Market 
Japan Revises Economic Growth Forecast as Stimulus Fuels Consumption and Investment 
Asian Markets Rise as AI Rally Caps 2025, Gold and Silver Hit Record Highs 
Sanofi to Acquire Dynavax in $2.2 Billion Deal to Strengthen Vaccines Portfolio 
Niigata Set to Approve Restart of Japan’s Largest Nuclear Power Plant in Major Energy Shift 
John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training 
GLP-1 Weight Loss Pills Set to Reshape Food and Fast-Food Industry in 2025 
BP Nears $10 Billion Castrol Stake Sale to Stonepeak 
Sanofi to Acquire Dynavax in $2.2 Billion Deal to Strengthen Vaccine Portfolio 
Italy Fines Apple €98.6 Million Over App Store Dominance 
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."
