Noodles Hires Carl Lukach as CFO; Promotes Kathy Lockhart to Chief Accounting Officer

    Industry News | November 2, 2020
    Cauliflower Rigatoni Fresca with Shrimp.

    Noodles & Company

    Carl Lukach will bring 17 years of financial leadership experience while Kathy Lockhart joined Noodles & Company 14 years ago as controller and vice president of accounting.

    Noodles & Company today announced that Carl Lukach has been named the Company’s Chief Financial Officer, effective November 30.

    “The strength of our leadership team is one of our greatest assets at Noodles, and the addition of Carl to our executive team will undoubtedly further strengthen Noodles & Company,” says Dave Boennighausen, Chief Executive Officer at Noodles & Company. “Carl comes to Noodles with extensive leadership experience and expertise in a multitude of financial functions from some of the nation’s leading lifestyle organizations. Carl will be instrumental in advancing our financial roadmap and leading Noodles to realize its vast potential.”

    Carl brings more than 17 years of diverse financial leadership to Noodles. Most recently, he spent four years as VP Finance at Equinox, the namesake brand within Equinox Group, a high-growth collective of the world’s most influential lifestyle and digital brands. In this role, he oversaw finance, treasury, tax, strategic planning and financial operations, in addition to investor management and capital fund raising. Prior to Equinox, he held several roles in finance and corporate development for Abercrombie & Fitch (“A&F”), where he led the successful expansion of the A&F and Hollister brands through outlet growth and new venture initiatives, including franchising, licensing, wholesale, and acquisitions. Prior to A&F, Carl spent over a decade in investment banking at Credit Suisse with an industry focus in food and retail businesses. As a director, he was responsible for advising clients in capital fund raising and M&A transactions. He holds a bachelor’s degree in finance and psychology from Georgetown University.

    “I am thrilled to join Dave, the executives, and Noodles’ more than 8,000 dedicated team members across the country at this exciting time in the organization’s history,” says Lukach. “This is a brand that puts guests and community first, and with a strong strategy and omnichannel consumer approach, the potential for growth and value creation is tremendous.”

    The Company also announced that Kathy Lockhart, the Company’s Vice President and Controller was promoted to the title of Chief Accounting Officer in September 2020. She remains the Company’s principal accounting officer. Kathy has been a leader at Noodles for the past 14 years. She has led continuous change in reducing costs, enhancing quality, and providing valuable insight for operational improvements.

    Kathy joined Noodles in 2006 as Controller and VP of Accounting. She leads a team of accountants and analysts responsible for financial reporting; risk management; loss prevention and compliance; tax; and treasury. She also leads the Company’s crisis management team and has been instrumental in the Company’s COVID-19 response. Prior to joining Noodles, Kathy served as the Vice President and Controller of several public and private restaurant and retail companies. She is a CPA and a CGMA and is a member of the American Institute of Certified Public Accountants and the Colorado Society of CPAs. She is a member of the Colorado Society’s Financial Literacy Committee and is also a current member of the AICPA’s Benevolent Fund, AMRAP group. In addition, Kathy was selected as an inaugural member of the Colorado Governor’s Fellowship program. She holds a bachelor’s degree in business administration and political science from Western Colorado University.

    “Noodles & Company is uniquely positioned to win in the current consumer environment, and now with the Carl and Kathy’s leadership on our finance team, I am more confident than ever that Noodles will be able to accelerate growth and build shareholder value,” says Boennighausen.

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