Imvescor Consolidating Corporate Offices and Cutting Staff

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MONTREAL ― Imvescor Restaurant Group Inc., a franchisor of restaurants in Eastern Canada under the Pizza Delight, Mikes, Scores and Bâton Rouge banners, has strengthened its management team and will be consolidating its Moncton, N.B., corporate office with the Montreal head office to unite management, improve operational efficiency and reduce costs.

Staffing levels have been reduced by 10 per cent and the Corporate Finance department, currently located in Moncton, will be moved to Montreal before the end of November. The Pizza Delight support team will remain in Moncton but will be relocated to a more cost-effective office space.

Imvescor has also strengthened its leadership team. Vincent Dugas, the new VP of Purchasing, was most recently director of Marketing and Supply at Sysco Canada; John Prontzos, the new brand leader for Scores, is currently a partner and operations manager at a Scores restaurant and a member of the Scores Franchisee Advisory Committee; and Robert Longtin, the new senior director of Restaurant Development, was previously Development director for Boston Pizza in the Quebec market.
“Our management team is focused on working together with our Board of Directors and our franchisee partners to improve performance on all levels,” said Frank Hennessey, president and CEO. “We will finalize Imvescor’s vision and develop our strategic plan that will be presented at the next annual meeting of shareholders.”

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