Industry News | July 25, 2011
Red Mango Names Pizza Veteran Barron CEO
Red Mango Inc., one of the nation's fastest-growing retail franchise concepts, today announced the appointment of Barry M. Barron, Sr. as its chief executive officer.
Barron, a Dallas resident, brings extensive restaurant experience to the role, including six years leading Papa John's international expansion and 10 years in restaurant operations with Pizza Hut. Most recently, Barron was chief operating officer of ACE Cash Express, where he helped to grow the chain from 700 to 1,800 locations.
"Red Mango now has 132 stores in operation, and that growth is continuing to accelerate," says Chairman John Antioco. "Barry's extensive background in store development and operations is perfectly suited to continuing the rapid pace of our national and international expansion through franchising."
Since its launch in 2007, Red Mango has operated under the leadership of founder Dan Kim, who will continue to serve as the company's chief concept officer focusing on product innovation, social media initiatives, and brand marketing.
"We strongly endorse Barry's appointment," says Fouad Bashour, Red Mango director and partner with CIC Partners, a Dallas private equity firm. "CIC Partners has enjoyed a long history with Barry. He was instrumental in growing the ACE brand and creating value for its shareholders and we look forward to similar results from Red Mango."
"Red Mango has clearly established itself as the leader within its category," Barron says. "When our guests walk through the door, they immediately feel the difference. From the upscale decor, to the healthy, innovative line of products to the active online fan base, Red Mango is a company that understands its strengths and truly differentiates itself from other concepts. And because those elements are firmly in place, now is the perfect time to accelerate the company's growth on both national and international levels."
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