Industry News | January 8, 2008

Quiznos Appoints New President

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Quiznos today announced the appointment of David Deno as President, effective immediately. Deno will report directly to Greg Brenneman, Quiznos Chief Executive Officer.

“The addition of Dave as president is the final piece in our strategy to bring an outstanding quick service management team to Quiznos,” said Brenneman. “Dave is an incredible leader who served as both the COO and CFO of YUM during his 23 years in our industry.

As president, David Deno will oversee all operations including field operations, operations support and delivery/catering sales and implementation; food and equipment distribution, and international development.

“Over the last year, Greg and his executive team have worked at lightning speed to drive significant improvements for franchise profitability and brand success,” said Deno. “Quiznos has an incredible management team that is focused on the enormous potential to drive the brand nationally and internationally, and I am excited to be part of this concerted effort.”

Deno joins Quiznos from CCMP Capital, an ownership partner in Quiznos, where he was a Managing Director. While at CCMP, Deno was a board member of Quiznos. Before joining CCMP, David spent more than 15 years with YUM Brands and PepsiCo. As Chief Operating Officer, and previously, Chief Financial Officer, he was instrumental in growing YUM Brands and building shareholder value after its spin off from PepsiCo in 1997. Deno also held senior positions in YUM's International and Pizza Hut divisions. Prior to joining YUM, David worked for Burger King Corporation for 8 years in various finance, real estate, and operations assignments.

In the last year, Quiznos has assembled a seasoned management team, including outstanding executives from the outside like Mike Elliott formerly of YUM Brands and Burger King as EVP Third Party Development; Steve Provost formerly of YUM Brands as EVP and Chief Marketing Officer; Rich Emmett formerly of Papa John’s as EVP and Chief Legal Counsel; Clyde Rucker formerly of Burger King as EVP and Chief Administrative Officer; Rebecca Steinfort formerly of Level 3 as SVP Delivery/Catering; Hannibal Myers formerly of Church’s Chicken and Shoney’s Restaurants as SVP Non-Traditional Development; and Kevin Dearth formerly of Arby’s and YUM Brands as SVP Field Operations. In addition, Bill Flaherty and Brandon Turner, previously part of Quiznos senior team, were positioned in new roles as EVP Company Development and EVP and CFO, respectively.

This team was recently named by QSR magazine as the best new management team in the industry.