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RBI Announces New President of Popeyes® and Chief Operating Officer of Burger King®

1. Peter Perdue appointed President of Popeyes, focusing on share gains. 2. Nicolas Henrich takes over as COO of Burger King, succeeding Perdue. 3. Kobza emphasizes Popeyes' potential in the QSR market. 4. RBI operates over 32,000 restaurants and generates $45 billion in sales. 5. New leadership aims to drive operational excellence and franchisee profitability.

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FAQ

Why Bullish?

Leadership changes often lead to improved performance; Perdue's turnaround success is notable.

How important is it?

Changes in leadership often affect company direction and stock performance significantly.

Why Long Term?

Efforts over time may enhance brand and market positions, leading to sustainable growth.

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Peter Perdue Appointed President of Popeyes, U.S. and Canada Nicolas Henrich Appointed Chief Operating Officer of Burger King, U.S. and Canada , /PRNewswire/ - Josh Kobza, Chief Executive Officer of Restaurant Brands International ("RBI", "Company") (NYSE: QSR) (TSX: QSR) (TSX: QSP) today announced two leadership appointments.   Peter Perdue has been appointed President of Popeyes, U.S. and Canada, succeeding Jeff Klein who will be leaving the company. Perdue, a 12-year RBI veteran, most recently served as Chief Operating Officer of Burger King U.S. & Canada, where he was instrumental in the brand's Reclaim the Flame operations turnaround. His experience spans operations, franchising, and finance, including leadership as Regional Vice President for Burger King in the Asia Pacific region.  Nicolas (Nico) Henrich has been appointed Chief Operating Officer of Burger King U.S. & Canada, succeeding Perdue. Henrich has held senior roles with the Company across franchising, development, finance, strategy, and supply chain.  "Popeyes has the best chicken in QSR, and Peter's mandate is to unlock the share gains we know we are capable of," said Kobza. "Peter has led an impressive turnaround in the operations of our Burger King system, and I look forward to bringing his leadership to Popeyes. We also want to offer our thanks to Jeff Klein for his hard work over the last four years."  "Nico's proven leadership in our brand has earned the trust of our franchisees," said Tom Curtis, President of Burger King, U.S. and Canada. "He has been instrumental in strengthening our system and improving franchisee profitability. As COO, he will continue driving operational excellence as a lead contributor to our long-term growth."   About Restaurant Brands International Inc. Restaurant Brands International Inc. is one of the world's largest quick service restaurant companies with over $45 billion in annual system-wide sales and over 32,000 restaurants in more than 120 countries and territories. RBI owns four of the world's most prominent and iconic quick service restaurant brands – TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS®. These independently operated brands have been serving their respective guests, franchisees and communities for decades. Through its Restaurant Brands for Good framework, RBI is improving sustainable outcomes related to its food, the planet, and people and communities.  SOURCE Restaurant Brands International Inc.

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