Papa John's International, Inc. (NASDAQ: PZZA) has made significant changes to its executive leadership team, as announced in a recent press release. Kevin Vasconi has been appointed as the Chief Digital and Technology Officer, effective immediately. Vasconi, who brings proven enterprise technology leadership to the company, previously served as the Chief Information Officer for The Wendy's Company, where he led the company's transformation and tripled its ecommerce business in three years. His role at Papa John's will involve guiding the development and execution of the company's long-term strategy across the entire digital and technology ecosystem.
Ravi Thanawala, the current Chief Financial Officer, has been appointed Chief Financial Officer and Executive Vice President, International. In this expanded role, he will now oversee the company's international business, which includes markets outside of the United States and Canada, in addition to his CFO responsibilities.
Furthermore, Joe Sieve has been appointed Chief Restaurant and Global Development Officer. In this new position, he will oversee all global development as well as corporate and franchise restaurant operations.
Papa John's, the world's third-largest pizza delivery company with more than 5,900 restaurants in approximately 50 countries and territories, continues to focus on its commitment to providing high-quality ingredients and superior quality pizzas. The company's original dough is made of only six ingredients, and it is known for using real cheese made from mozzarella and pizza sauce made with vine-ripened tomatoes. Papa John's was also the first national pizza delivery chain to announce the removal of artificial flavors and synthetic colors from its entire food menu.
These executive leadership changes reflect Papa John's strategic focus on leveraging technology and innovation to enhance customer experiences and drive growth in the highly competitive digital space within the quick-service restaurant industry. The market has reacted to these announcements by moving the company's shares 0.2% to a price of $48.36. If you want to know more, read the company's complete 8-K report here.