Popeyes Louisiana Kitchen announced the promotion of William Matt as the chicken chain's new CFO in an Aug. 21 company statement, effective immediately.
Matt will report to CEO Cheryl Bachelder and oversee the company's finances as well as lead efforts to develop and implement strategies for accelerating long-term growth potential and maximizing shareholder value.
Matt brings both retail and food service experience with him as he joins the company. He most recently acted as COO of La Senza Global, an arm of L Brands (NYSE:LB), based in Columbus, Ohio, as well as CFO of Victoria's Secret Direct, totaling 14 years with L Brands. Matt also spent nine years with KFC/PepsiCo (NYSE:PEP), a tenure that included an appointment as VP of planning for the company.
"The addition of Will as our new CFO brings a strong complement to our leadership team as we execute our strategic roadmap for growth around the globe," said Bachelder. "Will's broad, relevant experience in leading growth at evolving brands will be instrumental in Popeyes' continued success. Spanning beyond finance to real estate, technology and operations, Will's experience collaborating in cross-discipline teams makes him a strong cultural fit for Popeyes, and we are pleased to have him join our company." Press Release