Fiesta Restaurant Group, Inc. (“Fiesta” or “the Company”) (NASDAQ: FRGI), the owner, operator, and franchisor of the Pollo Tropical® and Taco Cabana® fast-casual restaurant brands, announced today that Nancy Clark has joined the Company as Vice President - Chief People Officer, effective January 10, 2013.
Ms. Clark is a highly-regarded Human Resources business leader with over 15 years of experience at several high profile and diverse organizations, including J.C. Penney Corporation, PepsiCo, Inc. and General Electric Company. Most recently, Ms. Clark served as Division Vice President, Human Resources, Global Supply Chain Operations and International Divisions at J.C. Penney, where she led the talent strategy for those businesses. Prior to her tenure at J.C. Penney, her human resources skills were honed in a best practice environment at PepsiCo, where she held a number of human resources executive roles of increasing responsibility for its Frito-Lay, Quaker, Tropicana and Gatorade Divisions.
“We are thrilled to be adding Nancy as the final piece of our executive management team,” said Tim Taft, Fiesta’s Chief Executive Officer. “Everything we do is about people and as an organization we aspire to be the employer of choice. To get there, we must have a leader that will drive that vision. Nancy is an excellent fit within this team and culture and will be an important part of our strategic growth plan.”
Ms. Clark offered, “I am delighted to have been added to such a talented leadership team that Tim has assembled. The Fiesta business model is poised for great success in the marketplace and I am thrilled to join at such a critical time to set the people agenda in support of the organization’s growth strategy.”ABOUT FIESTA RESTAURANT GROUP, INC. Fiesta Restaurant Group, Inc. owns, operates, and franchises the Pollo Tropical® and Taco Cabana® restaurant brands with 251 company-owned and operated restaurants and 43 franchised restaurants in the U.S., Puerto Rico, the Bahamas, Cost Rica, Ecuador, Honduras, Panama, Trinidad & Tobago and Venezuela as of December 31, 2012. The brands specialize in the operation of fast-casual, ethnic restaurants that offer distinct and unique flavors with a broad appeal at a compelling value. Both brands feature made-from-scratch cooking, fresh salsa bars, drive-thru service, and catering. For more information about Fiesta Restaurant Group, Inc., visit our website at www.FRGI.com. Forward-Looking Statements Except for the historical information contained in this news release, the matters addressed are forward-looking statements. Forward-looking statements, written, oral or otherwise made, represent Fiesta's expectation or belief concerning future events. Without limiting the foregoing, these statements are often identified by the words "may," "might," "believes," "thinks," "anticipates," "plans," "expects", "intends" or similar expressions. In addition, expressions of our strategies, intentions or plans are also forward-looking statements. Such statements reflect management's current views with respect to future events and are subject to risks and uncertainties, both known and unknown. You are cautioned not to place undue reliance on these forward-looking statements as there are important factors that could cause actual results to differ materially from those in forward-looking statements, many of which are beyond our control. Investors are referred to the full discussion of risks and uncertainties as included in Fiesta’s filings with the Securities and Exchange Commission.
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