Pizza Inn and Pie Five parent company Rave Restaurant Group has promoted former vice president of finance, Clint Fendley, to chief financial officer, effective July 5.
Fendley joined Rave Restaurant Group in January 2020 as the vice president of finance. In that role, he helped guide the company through the financial challenges of the pandemic. He also helped Rave become compliant again with NASDAQ listing criteria after the company was warned with delisting twice, and onboarded new auditors in 2020.
“Rave has posted four consecutive profitable quarters while running a buffet during a pandemic,” Rave Restaurant Group’s President and CEO, Brandon Solano, said in a statement. “This is our most consistent quarterly earning streak in nearly a decade, thanks to our franchisees, team members, and relentless executive team, including Clint.”
Prior to joining Rave, Fendley worked for 7-Eleven in multiple positions of leadership, including manager of the convenience store chain’s finance and data analytics team. Prior to that, Fendley held multiple positions at finance firms as an analyst and advisor.
“As CFO my main objective will be to drive value for our franchisees and shareholders, while helping my team learn and thrive in this dynamic industry,” Fendley said in a statement. “My time at Rave has been nothing short of extraordinary. Despite the many obstacles we encountered during the Covid-19 pandemic, our team demonstrated innovation, resilience, and commitment to RAVE’s long-term success. I’m excited to continue growing the financial performance of Pizza Inn and Pie Five Pizza in this new role.”
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