Carrols Restaurant Group’s board of directors has named Deborah M. Derby its new president and CEO effective May 1.
She succeeds Paulo A. Pena, who passed away on Dec. 31, 2022. Anthony Hull is currently serving as interim president and CEO and will stay on as vice president, chief financial officer and treasurer.
Derby has been on the company’s board of directors since June of 2018 and will remain a director of the company, which franchises 1,084 restaurants in 23 states, of which 1,019 are Burger Kings and 65 are Popeyes Louisiana Kitchens. Carrols is Burger King’s largest franchisee.
Derby’s background includes leading multi-unit consumer facing companies, including nearly 15 years at Toys “R” Us Inc., where, among other positions, she was president of Babies “R” Us, and vice president of Toys “R” Us. She also was president of Horizon Group USA Inc., which wholesales craft components and activity kits.
“We are excited to welcome Deb as our new Chief Executive Officer,” Carrols chairman of the board David Harris said in a press release announcing Derby’s appointment. “We are confident that we have identified an exemplary individual with the skills and experience necessary to lead Carrols and complement the strong management and restaurant operations team we have in place at the Company. We would also like to express our appreciation to Tony Hull for his leadership as Interim President and CEO for the first four months of 2023.”
Derby said she was honored by the appointment, “and am grateful for the confidence that the Board has placed in me. I look forward to working with the Board and Carrols’ talented management and restaurant operations team to drive further improvement in our financial and operational performance and capture what I believe are the immense opportunities ahead of us.”
Contact Bret Thorn at [email protected]