August 13, 2003 |
Coca-Cola Co. has agreed to pay hamburger chain Burger King Corp. and its operators more than $20 million to settle a dispute over a rigged marketing test for Frozen Coke, according to a Burger King document. Atlanta-based Coke, the world's largest soft drink maker, admitted in June that some of its employees manipulated the results of a test of the frozen soft drink in 2000 to win Burger King's business.
July 25, 2001 |
Diageo's Burger King Corp. unit named Bennett Nussbaum chief financial officer to replace Colin Heggie, who left last year. Nussbaum, 55, was finance chief at Kinko's Inc., the closely held operator of more than 1,000 photocopying and printing stores. Miami-based Burger King is the No. 2 U.S. hamburger chain behind McDonald's Corp. Nussbaum will report to Burger King Chief Executive John Dasburg and will assist the company in plans to separate from parent Diageo, the company said.
March 14, 1990 |
Burger King Corp. has announced that C. Ronald Petty, president and chief operating officer of Burger King U.S.A., is leaving the worldwide fast-food chain after 12 years. Petty, who returned from Burger King's international division to run the domestic side of the corporation just before Burger King was taken over by Grand Metropolitan in January, 1989, decided only recently to leave the firm, said Barry J. Gibbons, chief executive of Burger King Corp.
July 22, 1988 |
Burger King Corp. has continued to shuffle its top management in an effort to boost the performance of the ailing fast-food chain. The Miami-based firm, a subsidiary of food giant Pillsbury Co., said C. Ronald Petty, 44, formerly president of the chain's international operations, has been promoted to president of Burger King U.S.A. Petty replaced Charles S. Olcott, who two weeks ago was promoted to a new position as president and chief operating officer of Burger King.
October 11, 1990 |
Burger King Corp., America's No. 2 hamburger chain, is poised to trim up to 400 people from its staff nationwide, including regional vice presidents and franchise operations managers, it was reported today. The Miami Herald said 300 to 400 workers could be affected by the cuts, which would represent the second such round of layoffs since the fast-food giant was acquired by Grand Metropolitan PLC in January, 1989.
October 21, 2005 |
Burger King Corp. has severed relations with the leadership of its U.S. franchisee organization, accusing it of disrupting the company's brand-building initiatives. In breaking off all but minimal contact with those running the National Franchisee Assn., the fast-food chain's management said it would divert a $1-million subsidy from the group to the brand's advertising fund. The association is believed to represent about 90% of Burger King's domestic franchisees.
February 23, 1996 |
Burger King Corp. and an executive who has experience running inner-city restaurants agreed to open at least 125 such restaurants in the next five years. The fast-food chain and La-Van Hawkins plan to open 25 restaurants in the next 18 months in Washington, Chicago and Detroit. The first will open in the U.S. capital across from Howard University. Hawkins, the founder of Urban City Foods, was responsible for Checkers Drive-In Restaurants Inc.'