CKE Restaurants Adds Global Development Capability, Accelerates Growth Trajectory | Financial Buzz

CKE Restaurants Adds Global Development Capability, Accelerates Growth Trajectory

CKE Restaurants Holdings, Inc. (CKE), parent company of Carl’s Jr. and Hardee’s, announced today the appointment of Matthew Walls as the company’s first Chief Global Development Officer. In this new role, Walls will be responsible for creating a Global Development Center of Excellence to increase the footprint of both brands domestically and internationally.

“Walls, as he is known in our industry, is experienced in delivering progressive business development strategies, innovative designs and solid partnerships with franchisees,” said Chief Executive Officer Ned Lyerly. “His global experience, strategic mindset and track record for successfully managing a Development Center of Excellence make him a great addition to our team.”

Walls most recently served as Senior Vice President – Global Franchise Development at Domino’s Pizza. In his 15 years with Domino’s, he progressed through positions of increasing responsibility, ultimately leading Domino’s domestic and international development efforts. Under his leadership, his team set multi-decade records for the most restaurant openings. Prior to Domino’s, he held operations, e-commerce and logistics positions at Yum! Brands and General Electric Appliances.

“I’m excited to join Ned and the Leadership Team as we build a new Center of Excellence to capitalize on our development insights from around the world. Carl’s Jr. and Hardee’s are two iconic brands, each with an amazing heritage built by our franchisees. It’s this strong heritage that gives us leverage to springboard restaurant growth globally throughout the CKE system,” said Walls.

Walls joined CKE Restaurants on June 7, 2021, and will be relocating to the Nashville area.

About CKE Restaurants Holdings, Inc.

CKE Restaurants Holdings, Inc. (“CKE”) is a privately held company based in Franklin, Tennessee. CKE, through its wholly owned subsidiaries, owns and operates Carl’s Jr.® and Hardee’s®, two beloved regional brands, known for one-of-a-kind premium and innovative menu items such as 100 percent Black Angus Thickburgers®, Made from Scratch™ Biscuits and Hand-Breaded Chicken Tenders™. With both a US and international footprint, Carl’s Jr. Restaurants LLC and Hardee’s Restaurants LLC have over 3,800 franchised or company-operated restaurants in 44 states and 43 foreign countries and U.S. territories. For more information about CKE, please visit www.ckr.com or its brand sites at www.carlsjr.com and www.hardees.com.

Contacts

Alexa Hamelin

ahamelin@ckr.com

615-499-1303

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