In March, Spartanburg, South Carolina-based private-equity firm WJ Partners purchased Eggs Up Grill, a Southern breakfast-and-lunch franchise. This week, according to an article in Nation’s Restaurant News, the new owners announced the appointment of Ricky Richardson as the franchise’s new CEO.
A franchise industry veteran, Richardson has worked with TGI Fridays for more than 20 years, most recently as the brand’s U.S. president and COO.
“Having a leader of Ricky’s caliber and experience will allow us to take the brand to the next level,” said Jaime Wall, Managing Partner of WJ Partners, in a statement. “His particular expertise in helping founder-led, franchised restaurants realize their next stage of growth will be of tremendous value as we leverage the increasing popularity of breakfast-based concepts and attract new franchise partners to our family.”
Read the full article at nrn.com.