• by Teresa Buyikian , 3 hours ago

This past week saw a whole lotta shaking going on at U.S. QSRs.

Jersey Mike’s hired Stacy Peterson as president and chief operating officer. Peterson most recently served as CEO at Jeni’s Splendid Ice Creams, and previously spent over a decade at Wingstop chicken chain, where she rose to the position of chief revenue and technology officer.

“Stacy was a key player in the growth and success of Wingstop when we partnered together there, and I look forward to bringing her expertise in digital, marketing and operations to Jersey Mike’s to accelerate our growth,” says Charlie Morrison, CEO of Jersey Mike’s.

Earlier in her career, Peterson spent time at Service King Collison Repair CentersFedEx Office and Blockbuster.

The privately held Jersey Mike’s was acquired earlier this year by private equity firm Blackstone, a deal industry experts valued at $8 billion, according to CNN, which also reported Jersey Mike’s locations pull in about $1.35 million per unit, much higher than an average Subway location, which takes in less than $500,000.

Andrew (Andy) Wiederhorn has returned to Fat Brands to again serve as CEO. The parent company of Fatburger, Johnny Rockets and Round Table Pizza founded by Wiederhorn said former co-CEOs Ken Kuick and Taylor Wiederhorn will return to their previous positions of chief financial officer and chief development officer, respectively.

Fat’s recent Q2 2025 earnings report cited that total revenue was down 3.4% year-over-year to $146.8 million.

Scott Kennedy has been promoted to president and CEO of Caribou Coffee. Kennedy most recently served as the coffee company’s CFO  and has held the position of interim CEO since March 2025. Prior to Caribou, Kennedy worked for the Target Corp. for over 14 years, serving the last six years as president, financial and retail services. Earlier in his career he spent 16 years at KPMG, working the last two as partner.

The privately held 800-unit Caribou, part of Panera Brands with Panera Bread and Einstein Bros. Bagels, has been focused on U.S. expansion in recent years, and projected to build 25 new corporate restaurants and 12 franchised locations in 2025, per its 2025 franchise disclosure document.