Craveable Brands CEO resigns
Chief financial and operating officer Tim Fawaz has been appointed interim group CEO.
Karen Bozic, group CEO of Craveable Brands, has resigned, according to the announcement by the group.
Bozic will transition to a new role external to the sector later this year.
Since joining in 2019, Bozic has led the business through the challenges of the pandemic and driven significant growth, delivering strong returns for the company.
Chief Financial and Operating Officer Tim Fawaz has been appointed Interim Group CEO while the Board undertakes the search for a permanent successor.
Craveable Brands is an Australian quick-service restaurant group that owns Red Rooster, Oporto, and Chicken Treat. In July 2019, Hong Kong–based private equity firm PAG Asia Capital acquired 100% of Craveable Brands from Archer Capital.
“Karen’s leadership has been instrumental in shaping Craveable Brands into the success it is today. We thank her for her dedication, have fully supported her transition into her new role and wish her every success in her next chapter,” Lincoln Pan, Partner at PAG Capital and Chair of the Craveable Brands Board, said in a statement.
