NDLS - Noodles & Company Announces CEO Transition | Benzinga
- Drew Madsen is appointed Interim CEO effective immediately; is a Board Director at Noodles, and a seasoned leader with deep experience in the restaurant industry
- Board announces search for new permanent CEO
- Dave Boennighausen to depart the Company as CEO effective immediately
BROOMFIELD, Colo., Nov. 10, 2023 (GLOBE NEWSWIRE) -- Noodles & Company (NASDAQ:NDLS), today announced that the Board has appointed Noodles Board member Drew Madsen to serve as interim CEO effective immediately. Concurrently, the Board has initiated a comprehensive search for a new permanent CEO to lead the Company into its next phase of growth. Madsen's appointment follows the decision by the Board to transition to new leadership, resulting in Dave Boennighausen's departure as the Company's CEO.
Mr. Madsen brings a wealth of experience in the restaurant industry to the role of interim CEO. In his recent operating roles, Mr. Madsen was President and Chief Operating Officer at some of the most successful and well-respected businesses in the restaurant industry. Most recently, Mr. Madsen was President of Panera Bread. During his tenure at Panera, Mr. Madsen led the company to industry leadership in clean food, digital sales, and home delivery, combined with significantly improved operations execution and aggressive cost reduction.
Mr. Madsen's professional experience prior to Panera includes fifteen years at Darden. Mr. Madsen was President & Chief Operating Officer for nearly ten years. During his tenure, he helped establish Darden as a successful multi-brand operator in full service dining. In addition, Darden was the first restaurant company to be recognized by Fortune as one of the "100 Best Companies to Work For," achieving that distinction for three consecutive years.
Mr. Madsen has served on the Noodles ...