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Papa John Hires McDonald’s Jim Norberg As Chief Of Restaurants Operations

By John F. Heerdink, Jr.
McDonald’s Corporation (MCD) is the leading global foodservice retailer with nearly 37,000 locations in over 100 countries. The Corporation operates and franchises McDonald’s restaurants in the US and across the globe with over 90% of its restaurants owned and operated by local, independent businessmen and women. As per reports, Papa John’s International Inc. (PZZA) has appointed Jim Norberg for its newly created additional role of Chief of restaurants operations. Norberg with more than thirty years of service at McDonalds’s worked as a Chief Operating Officer for McDonald’s, managing operations for U.S. restaurants.
“Jim is a seasoned expert whose depth and understanding of restaurant operations and the guest experience will help propel our brand forward and position us for continued success,” stated Steve Ritchie, Papa John’s Chief Executive Officer.
Norberg to be responsible for growing sales, profit margin, and customer satisfaction for Papa John’s International Inc. Last year, the pizza chain’s sales dropped after its founder John Schnatter faced a bitter battle for a racial slur in a training conference. To learn more about McDonald’s Corporation (MCD) and to track its progress please visit the Vista Partners McDonald’s Coverage Page. Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives. Stay Informed! Stay Competitive! Join us at Vista Partners!      July 8(4)

Papa John’s hires McDonald’s veteran as head of restaurant operations

Jim Norberg, who has spent more than 30 years at McDonald’s, will be responsible for growing sales and profit margins as well as improving customer satisfaction at Papa John’s, the company said. Papa John’s earlier this year named its first chief people officer after founder John Schnatter..
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