Industry News | April 24, 2001

Burger King Names Executive VP

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Burger King Corporation Chairman, Chief Executive Officer and President John H. Dasburg announced today that Kim A. Lopdrup will join the company as executive vice president and chief operating officer, effective in early May. Lopdrup will be responsible for U.S. Company operations and franchisee relationships and will be a member of the Burger King Corporation executive committee.

Currently Lopdrup, 42, is chief executive officer for Allied Domecq Quick Service Restaurants International. He has sixteen years of experience in the quick service restaurant industry, including leading the 3,600 international Dunkin' Donuts and Baskin Robbins restaurants, which are franchised by Allied Domecq. Lopdrup has spent half of his career in the domestic side of Allied Domecq Quick Service Restaurants and the other half in the international side.

Lopdrup led a successful turnaround of the international business for these chains, taking it from record losses to record profitability by focusing on improving unit economics, including improving supply chain management. Lopdrup's initiatives also included focusing resources on the best growth opportunities, upgrading field and corporate personnel and closing non-viable restaurants. These steps improved the annual profits dramatically while also improving support to franchisees and accelerating store growth. Lopdrup also initiated a marketing plan that grew per store sales of beverages by 13 percent per annum for a sustained period of time.

"We are delighted Kim has joined Burger King,'' said Dasburg. "Kim knows the business, moves quickly to get things done and has a proven track record in successfully managing and turning around large quick service restaurant chains. Clearly, with his successes and experiences in the industry, Kim will be a valuable member of the Burger King team. Kim also understands the strategic nature of franchising and works effectively with franchisees. This is essential as we move the entire Burger King system forward.''

Prior to his career at Allied Domecq, Lopdrup spent three years at Procter & Gamble in a variety of brand management positions, working on brands such as Folger's Coffee and Citrus Hill orange juice.

Lopdrup holds a Bachelor of Business Administration Degree from the College of William and Mary and a Master's Degree in Business Administration with Distinction from Harvard Business School. He is married and the father of three daughters.