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Dine Brands Global Appoints John Peyton Chief Executive Officer
Dine Brands Global, Inc., the parent company of Applebee's Neighborhood Grill + Bar and IHOP restaurants, announced today that John Peyton, president and chief executive officer, Realogy Franchise Group, a wholly-owned subsidiary of Realogy Holdings Corp., will be the company’s new chief executive officer, effective January 4, 2021.
Peyton is an experienced franchise veteran who has led global, consumer franchised businesses for over 21 years, most recently at Realogy Franchise Group where he has served as president since 2016. Realogy franchises many of the most recognized brands in the real estate industry, including...
Dine Brands Global Reports Third Quarter 2020 Results
Dine Brands Global, the parent company of Applebee's Neighborhood Grill + Bar and IHOP restaurants, announced financial results for the third quarter of 2020.
“We continue to execute on our strategy to stabilize our business and restore growth, which resulted in both brands delivering continued improvements during this challenging time for our industry. I want to thank our franchisees and team members who have been working tirelessly this year. They have adapted to the significant challenges of 2020 with remarkable agility, bringing our delicious, affordable food to guests in a low-contact and safe manner,” said Steve Joyce, Chief Executive Officer of Dine Brands Global, Inc.
Mr. Joyce added, “We believe that both Applebee’s and IHOP are well-positioned to build on the impressive expansion of our off-premise growth, return restaurant sales to pre-pandemic levels and resume...
Dine Brands Global Reports Second Quarter 2020 Results
Dine Brands Global, Inc., the parent company of Applebee's Neighborhood Grill + Bar and IHOP restaurants, announced financial results for the second quarter of 2020.
“As we continue to navigate through the challenges currently facing our industry, we have remained resolute in our focus to return to growth. Throughout the second quarter, weekly comparable sales and traffic at both Applebee’s and IHOP improved as state and local governments began to ease restrictions on dining room operations. This, coupled with the significant growth of our brands’ off-premise business, contributed to...
Dine Brands Global Appoints Michael Hyter as Member of Board of Directors
The Board of Directors of Dine Brands Global, Inc. announced the appointment of Michael Hyter as a new independent member of its Board of Directors.
Hyter, 63, served as Managing Partner of the Korn Ferry International, Washington D.C. office since 2012 and played an instrumental role in growing the breadth of their D.C. operation. He was recently appointed Chief Diversity Officer for Korn Ferry International.
Hyter has more than 25 years of entrepreneurial and business experience working closely with Fortune 1000 executives and boards to help their organizations thrive; leading and advising complex, global companies and...
Dine Brands Global Announces International President; Chief Information Officer Appointments
Dine Brands, the parent company of Applebee's Neighborhood Grill & Bar and IHOP restaurants, announces the appointment of Tony Moralejo as President, International and Global Development; and Justin Skelton, Chief Information Officer. Moralejo and Skelton are both experienced leaders who will make an immediate impact in the recovery and acceleration of the business post crisis. They will report to Thomas Song, Chief Financial Officer, and join the Dine Brands Executive Team.
Moralejo joins Dine from Church's/Texas Chicken, an international quick service restaurant company. Moralejo’s prior experience spans over two decades, leading global teams in various operations, franchise development and...
Dine Brands Global Reports First Quarter 2020 Results
Dine Brands Global, Inc., the parent company of Applebee's Neighborhood Grill + Bar and IHOP restaurants, announced financial results for the first quarter of 2020.
“As we continue to face new challenges posed by the COVID-19 pandemic, I’d like to extend a heartfelt thank you to our family of team members and franchisees for their tireless dedication and resilience. Despite the tremendous adversity we’ve seen, and will continue to see, I could not be prouder of how our teams, franchisees and brands have come together to support one another and their communities. As we work to navigate this situation together...
Dine Brands Global Reports Solid Fourth Quarter and Full-Year 2019 Results
Dine Brands Global, the parent company of Applebee's Neighborhood Grill + Bar and IHOP restaurants, today announced financial results for the fourth quarter and fiscal 2019.
“This past year for Dine Brands was defined by several significant achievements. Notably, we successfully completed a $1.3 billion refinancing of our existing debt through a securitization. We delivered a significant increase in net income of 30%, which resulted in strong growth in adjusted EBITDA of 19% for the year. Our franchised business model continued to generate robust adjusted free...
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