William Davenport has been named chief financial officer of Velvet Taco, coinciding with the company’s plans to accelerate growth nationwide. Davenport most recently serviced as CFO at Topgolf, where he helped drive the company’s expansion from nine to more than 90 locations worldwide.
Prior to Topgolf, Davenport held various senior leadership positions. He spent 13 years at Brinker International, where he led the finance department for Maggiano’s before being named senior vice president of Finance for the Chili’s and On the Border brands. He also served as VP of finance for Neiman Marcus and Last Call, and CFO for Haggar Clothing Company.
“We are excited to welcome William to the Tribe and to have his extraordinary leadership in this key role. His impressive wealth of experience and proven track record in fostering growth and financial success will be integral in elevating the Velvet Taco brand,” CEO Clay Dover said in a statement. “His expertise will undoubtedly contribute to the continued growth and success of Velvet Taco.”
Davenport replaces Lee Evans, who joined the company in early 2022.
Founded in 2011, Dallas-based Velvet Taco has grown to over 40 locations in six states, and is adding nontraditional locations, like casinos and airports, to its portfolio. According to Datassential, the concept grew its footprint by over 32% from 2021 to 2022, while sales were up by nearly 60%. The company also recently added a new vice president of marketing, Brooke Perry, as it ramps up its growth.
“I am honored to join the trailblazing Velvet Taco team during this pivotal time of growth as CFO,” Davenport said in a statement. “Together, I am confident that our passionate leadership will continue to push boundaries and power the brand to new heights.”
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