RAVE Restaurant Group Announces Executive Leadership Promotions
September 18, 2018 at 01:30 pm EDT
Share
RAVE Restaurant Group announced internal promotions including Bob Bafundo to President of RAVE and Andrea Allen to Chief Accounting and Administrative Officer. Bafundo joined RAVE in 2016 as president of Pizza Inn. In his new role, he will oversee day-to-day operations for all RAVE brands. During his tenure, he has developed and implemented successful initiatives leading to six straight quarters of positive same store sales and a resurgence in restaurant growth for Pizza Inn. He also led the brand to introduce a new non-traditional brand, PIE, as a complement to the brand refresh and expansion of Pizza Inn. Allen joined RAVE last year as Vice President of Accounting/Controller. She has been instrumental in streamlining accounting processes through new technology initiatives and collaborating with company leaders on financial planning and reporting. In her new role, she will oversee all accounting, finance and administrative needs for the company. Allen previously served as Vice President of Procurement and Information Systems and Controller at Bar Louie, BL Restaurant Operations, and was a financial consultant for TGI Fridays.
Rave Restaurant Group, Inc. franchises, licenses and supplies Pie Five and Pizza Inn restaurants operating domestically and internationally. The Company, through its subsidiaries, franchises pizza buffet (Buffet Units), delivery/carry-out (Delco Units) and express (Express Units) restaurants under the trademark Pizza Inn and franchises fast casual pizza restaurants (Pie Five Units) under the trademark Pie Five Pizza Company (Pie Five). It also licenses Pizza Inn Express (PIE), kiosks under the trademark Pizza Inn. Its segments include Pizza Inn Franchising, Pie Five Franchising and Company-Owned Restaurants. The Pizza Inn and Pie Five Franchising segments establish franchisees, licensees and territorial rights. The Company-Owned Restaurants segment includes sales and operating results for all Company-owned restaurants. It facilitates food, equipment, and supply distribution to its domestic and international system of restaurants through agreements with third party distributors.