Industry News | September 24, 2003

Church's Chicken Names New Chief Financial Officer

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Church's Chicken, a division of AFC Enterprises today announced that Daniel H. Bauer has been named Chief Financial Officer.

Mr. Bauer has 15-years of experience in finance, tax and treasury, and most recently served as vice president finance and tax at AFC Enterprises. Mr.Bauer replaces Carl Jakaitis, who resigned to join the organization of a large Church's Chicken franchisee.

In his new role, Bauer will be responsible for all facets of Church's financial operations, including capital allocation, financial planning and analysis, budgeting, resource management, and initiatives related to Information Technology. In addition, he will provide strategic support to the company's franchisees. Working closely with Church's senior management team, Bauer will play an active role in corporate strategic planning.

"Given Dan's experience in the restaurant industry and his accomplishments at AFC, he will immediately add value to the Church's management team. His expertise will also be effective in preparing and executing our strategic growth plans," said Church's Chicken president, Hala Moddelmog.

Prior to joining Church's Chicken, Bauer worked the last six years at AFC Enterprises, most recently as Vice President ? Finance and Tax. In his latest role, he was responsible for strategic tax planning and compliance, as well as various finance and treasury related projects. He also served on the management committees for the Deferred Compensation and 401K Plans and as the liaison to the Audit Committee of the AFC Board of Directors for all corporate tax matters. Prior to joining AFC Enterprises, Bauer was a senior tax manager at Price Waterhouse where he specialized in food industry companies and provided tax planning and compliance services to a range of clients including Fortune 500 companies and high-net worth individuals.