Bloomin' Brands, Inc. has announced the promotion of Pat Hafner to the position of Executive Vice President and President of Outback Steakhouse, the company's largest brand. Hafner, a 29-year veteran of the company, has a track record that includes starting as a server and cook for Outback Steakhouse and subsequently excelling in various roles, including manager, managing partner, joint venture partner, and regional vice president.
Hafner's most recent role was as the President of Carrabba’s Italian Grill. He is recognized as an exceptional "operator's operator" and has been lauded for his guest-centric leadership and his ability to build high-capability teams that deliver outstanding business results.
The press release notes that Hafner's career achievements include being recognized as "Restaurateur of the Year" by the New Mexico Restaurant Association in 2014 and being awarded "Outbacker of the Year" by Outback Steakhouse in 2015 for his positive impact on the brand throughout his career.
Bloomin' Brands, Inc. is a major casual dining restaurant company with a portfolio that includes Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill, and Fleming’s Prime Steakhouse & Wine Bar. The company owns and operates more than 1,450 restaurants in 46 states, Guam, and 13 countries, including franchise locations.
The press release does not include specific financial metrics or comparisons to previous periods. As a result of these announcements, the company's shares have moved -0.4% on the market, and are now trading at a price of $11.82. Check out the company's full 8-K submission here.
