Suzanne Greco will be retiring as Subway CEO after three years, and the company has named brand development chief Trevor Haynes as interim CEO, the company said Wednesday.
The Milford, Conn.-based sandwich chain said Haynes, the Subway’s chief business development officer who joined the company in 2006 and serves on the brand’s executive leadership team, would work with Greco to assure a smooth transition.
Greco’s retirement officially will be June 30, and she will continue as a senior adviser to the company, Subway said in a press release.
Greco was named CEO in 2015 and, as sister of brand co-founder Fred Deluca, had worked with the brand since 1973.
Prior to her role as CEO, she was part of the research and development team for more than two decades and was promoted to lead the group as vice president of operations and research and development in 2013.
"Subway has been part of my life since I was 7 years old,” Greco said in a statement, “I love the brand and the company, and I always will, but it's time for me to have more balance in my life. I feel very good about the strategic moves we've made in the last three years, and I have confidence in the future of the company."
Haynes started at Subway in 2006 as territory manager in Australia and moved to the United Kingdom in 2009 to serve as the senior area development manager for the U.K. and Ireland. In 2014, he joined the headquarters team to serve as the global director of operations.
Subway has about 44,000 restaurants in 112 countries.
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