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Carl
Jakaitis Joins The Krystal Company
as
Chief Financial Officer
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Atlanta,
GA – January 2015 / Newsmaker Alert / The
Krystal Company®, famous for its iconic square hamburgers, today
announced the appointment of Carl Jakaitis as Chief Financial Officer (CFO)
for the Company. Jakaitis, who will oversee Accounting, Finance, Information
Technology (IT) and Supply Chain Management, will report to Omar Janjua,
President & CEO for The Krystal Company. The appointment is effective
immediately.
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“Carl’s
35 years of restaurant industry experience will provide The Krystal Company
with the additional leadership and expertise we need to continue to develop
this iconic brand and help fuel our system growth,” Janjua said.
Jakaitis
most recently served as CFO of McAlister’s Deli where he was responsible
for finance, accounting, legal and franchise administration for the 325-store
chain.
Prior
to McAlister’s®, Jakaitis was CFO with Petrus Brands where he oversaw
the Finance, Accounting and administrative functions for the organization.
He also worked closely with Planet Smoothie® and Shane’s Rib Shack®
franchisees, spanning more than 170 restaurants and 15 states. Under his
leadership, operating expenses were reduced by 10 percent and the Planet
Smoothie chain was successfully sold in November of 2011.
Before
joining Petrus, he ran his own consulting business specializing in part-time
CFO assignments. From 1994 to 2004, Jakaitis served as CFO for Church’s
Chicken®, where he was responsible for the financials for 1,600 company
and franchise restaurants. His restaurant experience also includes finance
roles at Pizza Hut® and Boston Market®.
Jakaitis
earned a Bachelor’s Degree in Business Administration and Psychology from
Kansas State University.
About
the Krystal Company®
Founded
in Chattanooga, Tennessee, in 1932, The Krystal Company® is the oldest
quick service restaurant chain in the South. Its hamburgers are still served
fresh and hot off the grill on the iconic square bun at more than 350 restaurants
in 11 states. Krystal’s Atlanta-based Restaurant Support Center serves
a team of 6,000 employees. For more information, visit www.Krystal.com
or www.facebook.com/Krystal
or follow the brand on Twitter
and Instagram @Krystal.
About
Argonne Capital Group®
Argonne
Capital Group (www.ArgonneCapital.com)
is a private investment firm focused on investments in the multi-unit restaurant,
retail and service industries, where the firm targets between $25–$75 million
of equity per transaction. Argonne also has a significant presence in multi-tenant
retail real estate through its RCG Ventures platform. In aggregate, Argonne
and its affiliates have over $700 million of equity under management.
Media
Contact:
Lexi
Rich
Ink
Link Marketing
for
The Krystal Company
866-252-1750
ext. 115 |