| Eagan,
MN – July 2013 / Hospitality 1ST / Buffets,
Inc. continues to attract top flight talent by announcing the recent
appointment of finance professional Keith Kravcik as Chief Financial Officer
and the creation of a new position of Director, Office of the CEO and Corporate
Administration, promoting long-time Buffets administrator Jackie Fiebelkorn.
Kravcik will be responsible for all finance, accounting, purchasing and IT functions as well as continuing to strengthen the back office services organization for one of the country’s largest steak-buffet restaurant companies. Fiebelkorn will lead the office for the CEO and oversee administrators throughout the organization. Both executives will be based in the co-headquarters office located in Eagan, Minn., and will report directly to CEO Anthony Wedo. “Positioning these key roles in Minnesota coupled with the planned Main Street rollout re-affirms the company’s commitment to the greater Minneapolis market,” said Anthony Wedo, CEO of Buffets, Inc. “As we move to the next phase of our turnaround and continued re-invention of our brands, having a pro like Keith with significant hands-on experience in large organizations will be critical to our success.” Kravcik
most recently served as Group Vice President and Corporate Controller for
Supervalu, one of the largest grocery companies in the U.S., with $37 billion
in revenue and 4,300 stores. In this capacity, Kravcik was responsible
for providing strategic leadership and tactical guidance for all finance
and accounting functions. Previously, Kravcik spent 16 years at McDonald’s,
where he progressed to the roles of Chief Financial Officer, Latin America
and ultimately Corporate Vice President and Controller, McDonald’s U.S.A.
Kravcik began his career at Ernst & Young, where he spent 11 years
working his way up within the audit practice. He studied at DePaul University,
where he has a Bachelor of Science in Accounting.
Keith Kravcik and Jackie Fiebelkorn New position for longstanding team member In addition to the appointment of Kravcik, Buffets also announced the promotion of longstanding administrator Jackie Fiebelkorn to the newly created position of Director, Office of the CEO and Corporate Administration. In her new role, Fiebelkorn will continue to lead both headquarters’ administration and the Office Services and Travel teams, while taking on the responsibility for leading the Office of the CEO. Her new responsibilities will also include supervising the Assistant to the Office of the CEO and assisting in the supervision of all Coordinators throughout the organization. Fiebelkorn started with Buffets in 1993. Through her 20-year tenure, she learned about the organization from the ground up with her first position as front door receptionist. She was later promoted to the Finance group and then Office of the CEO. “Jackie is a shining example of all of our core values, as she consistently puts the needs of the company ahead of her own, and has grown tremendously since she started with the organization,” said Wedo. “She truly is a success story in our organization and a great example for all of us.” Commitment
to Minnesota
The steak-buffet chain also plans on investing in the Twin Cities by remodeling local restaurants. Buffets has chosen the Twin Cities to be among the first markets to be part of their new Main Street initiative, pairing a complete food and operations revamp with new and contemporary decor. The Main Street effort will take place in the Twin Cities and Denver over the next six months. “It’s an exciting time to be a part of an organization like Buffets as it undergoes a re-invention to better serve families,” said Kravcik. “I am honored to join their team of talented industry professionals and support the mission to elevate the brand and increase value for all stakeholders.” About
Buffets, Inc.
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