Industry News | March 30, 2016

Captain D's Names Industry Vet as New CFO

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Captain D’s LLC, the leading fast casual seafood restaurant known for serving freshly prepared seafood for more than four decades, announced Keith Davis has joined its executive team as chief financial officer. In his new role, Davis will be responsible for the development and execution of financial strategies to support the company’s business plans, while also leading the finance and information technology departments. He is joining as the company is enjoying its fifth consecutive year of same-store sales growth.

“We’re thrilled to welcome Keith to the Captain D’s executive team as our chief financial officer and have no doubt that his impressive financial experience in the food service industry will be a huge asset as we continue our momentum of compounding success,” says Phil Greifeld, chief executive officer and president of Captain D’s. “Our record-level AUV growth and success over the past several years is a product of the hard work and talent of our exceptional team. Throughout his career, Keith has developed a wealth of business acumen and best-in-class financial capabilities that I know will enhance our business strategies. We are excited to have him join the D’s team.”

An industry veteran, Davis has extensive experience leading the financial and operational divisions of several national food service companies including Round Table Pizza, Beverly Enterprises, Landry’s Seafood Restaurant, and Pizza Hut. Most recently, he served as the chief financial officer of Tavistock Restaurants, overseeing the financial strategies for the company’s 130 fast casual and upscale restaurants. Davis earned a bachelor’s degree in accounting from the University of Texas and is a certified public accountant.

Captain D's experienced the most successful year in the company's rich history by establishing an all-time system-wide AUV record, marking the brand's third consecutive year of AUV record growth. Captain D's also saw a fourth-quarter system-wide same-store sales increase of 4 percent and a 4.3 percent system-wide same-store sales increase for the entire fiscal year, marking the company's seventeenth consecutive quarter and fifth consecutive year of positive growth.

With 516 restaurants in 26 states, Captain D’s is the fast-casual seafood leader and number one seafood franchise in America ranked by average unit volume. Captain D’s recently unveiled a new design featuring a vibrant coastal atmosphere and upgraded the dining experience with new plate ware and silverware. Captain D’s new menu, featuring several new items, is brought to life with upgraded menu boards and also features several new kids meal offerings. With these efforts, Captain D’s has remained true to what it does best: serving high-quality seafood with warm hospitality at an affordable price.

News and information presented in this release has not been corroborated by QSR, Food News Media, or Journalistic, Inc.

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