Souper Salad, Inc. Names Ward Olgreen President and CEO
Industry Veteran Assumes Leadership Reins Following Planned Retirement of Tim Taft DALLAS, July 12 /PRNewswire/ -- Souper Salad, Inc., parent company of Souper Salad and Grandy's restaurants, has named Ward Olgreen as its new President and Chief Executive Officer. The appointment of Olgreen follows the retirement of former CEO Tim Taft.
"We thank Tim for his many contributions over the last two years," said Tom Taylor, Chairman of Souper Salad, Inc. "Tim successfully led the company during a difficult time in the restaurant industry, as evidenced by improvements in our sales and guest traffic in May of this year. First and foremost, he developed a strong management team that remains intact, providing a complete and orderly transition of leadership. At the same time, we are very pleased to announce Ward Olgreen as the company's new CEO. Ward brings a unique blend of experience, particularly in the areas of operations and franchise development, as we continue an aggressive path toward franchising both Souper Salad and Grandy's."
Olgreen, with more than 30 years of experience in the restaurant industry, joined Souper Salad, Inc. as its Chief Operating Officer in 2008. Prior to that, he spent 17 years with Dallas--based Pizza Inn in a variety of leadership positions, including Senior Vice President of Worldwide Franchising and Vice President of Operations.
"Our work is well underway," said Olgreen. "With our financial partners, suppliers, and support center team, we will continue to accomplish our goals through a shared mission to work smart, stay relevant, and never forget that this is all about delivering a quality product to our loyal customers."
Dallas--based Souper Salad, Inc. is owned by an affiliate of Sun Capital Partners
Agreed. Nothing in the story implied that he was being let go or that they were disappointed with his performance. Tim may have stuck around at Pizza Inn a little longer to build up his track record. Now that he's recognized as being successful with turnarounds he can leave the helm much sooner once he has the right team in place and is comfortable with where things are heading.