DALLAS, April 30, 2014 /PRNewswire/ -- Pizza Inn Holdings, Inc. (NASDAQ: PZZI) announced today that it has hired Timothy Mullany to become the company's Chief Financial Officer, effective Monday, May 5.
Mullany comes to Pizza Inn Holdings after serving as the CFO of Restaurants Unlimited, Inc., a Seattle-based company with approximately $200 million in sales that owns and operates more than 20 full service and fast casual brands, including Kincaid's, Palomino and Henry's Tavern, across 11 states. During his tenure, Mullany was credited with improving the company's profitability, establishing new sales vehicles, instituting performance-based management practices and guiding the growth of the business. "We searched long and hard to find a world-class CFO with expertise in our hyper-competitive industry, and Tim absolutely fit the bill," said Randy Gier, Chief Executive Officer for Pizza Inn. "He will be an integral member of our senior management team, with responsibilities extending beyond those of a traditional CFO. Tim's experience in a multi-branded company, where he balanced the needs of a strong legacy brand and an emerging high-growth brand, is directly relevant to the opportunities here. I couldn't be more excited that Tim has joined our team." Prior to joining Restaurants Unlimited, Mullany served as the Chief Financial Officer for Smashburger and its parent company, Consumer Capital Partners, during Smashburger's explosive growth years. "With the talented team that Randy has formed and the successful track record of the entire company, I have no doubt that Pie Five will be the next great success story in the fast-casual space and that Pizza Inn will remain a popular destination for pizza lovers," Mullany said.
PizzaRev sees lots of opportunity in the so-called better pizza niche and has even garnered an investment by Buffalo Wild Wings. Can the small fast-casual chain succeed when up against big pizza companies like Domino's, Pizza Hut and Papa John's?