VAUGHAN — Frank Hennessey is the new CEO of Cara Operations Limited. Bill Gregson will take on the role of Executive Chairman of the Board.
Hennessey is a seasoned restaurant executive with 31 years of restaurant, food manufacturing and grocery-retail experience. Most recently he was president and CEO of Imvescor Restaurant Group, where he had great success turning that company around, growing sales and increasing shareholder value. Prior to that he was president and CEO of Bento Sushi.
“The Board and our major shareholders, Fairfax Financial Holdings Limited and Cara Holdings Limited, are thrilled to welcome Frank back to Cara,” says Gregson. “Over an 11-year period, Frank held various executive leadership roles at Cara and while Cara has since undergone significant transformations, Frank is the ideal restaurant executive to lead Cara through its next generation of growth.”
“It’s exciting to return to Cara and I’m especially grateful to the Board and Fairfax for the opportunity,” says Hennessey. “I look forward to dedicating myself to partnering with the Cara team and Cara’s franchisees as we strive to deliver great guest experiences every day and ensure that all stakeholders prosper.”