Daniel Schwartz Perlroth: A Leader in the Restaurant Industry

As the outgoing CEO of Restaurant Brands International (RBI), Daniel Schwartz Perlroth has left a lasting impact on the company he helped found. With his departure, RBI is ushering in a new era under the leadership of Jose Cil, who will take over as the new CEO.

Schwartz's tenure at RBI began nearly a decade ago when he joined Burger King as its chief financial officer. At just 29 years old, he quickly rose through the ranks and played a key role in the company's acquisition of Tim Hortons in 2014. He then went on to help create RBI and guide the company through its acquisition of Popeyes Louisiana Grill in 2017.

During his time as CEO, Schwartz oversaw significant growth for RBI's brands, including Burger King, Tim Hortons, and Popeyes. In the latest earnings call, he noted that the company needs to be more forward-looking when it comes to technology integrations within its restaurants. Despite slow comparable store sales growth in 2018, the company remains optimistic about its future prospects.

Schwartz's leadership has been marked by his commitment to long-term success and his personal investment in RBI as a major shareholder. In fact, he has stated that he will remain highly personally invested in the company's success and has no plans to sell any of his equity.

As executive chairman and co-chairman of the board of directors, Schwartz will focus on capital allocation and key strategic decisions, including the assessment of potential merger and acquisition opportunities. His departure from the CEO role allows him to devote more time to these areas, driving continued long-term growth for RBI's brands.

Under Schwartz's leadership, Burger King has reported a 2 percent increase in comparable store sales, while Tim Hortons saw a 0.6 percent growth and Popeyes experienced a 1.6 percent rise. Despite slow growth in 2018, the company remains committed to innovation and technology integration to drive future success.

As RBI embarks on this new chapter under the leadership of Jose Cil, it is clear that Schwartz's legacy will continue to shape the company's direction. His commitment to long-term success and his focus on key strategic areas will undoubtedly benefit RBI in the years to come.

With a wealth of experience and expertise, Daniel Schwartz Perlroth has cemented his place as a leader in the restaurant industry. As he steps away from his role as CEO, he leaves behind a legacy that will continue to inspire and guide RBI towards future success.

Daniel schwartz perlroth