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Quiznos Names New Company President

Veteran Quiznos executive Greg MacDonald to take on new role.

-- Chain Leader, 6/9/2009 12:43:00 PM

PRESS RELEASE: DENVER--(BUSINESS WIRE)--Quiznos, one of the nation's premier restaurant chains for sandwiches, salads and soups, and pioneer of the toasted sandwich, today named Greg MacDonald as president of the company. MacDonald will assume his new responsibilities in July.

"With more than a decade of experience at Quiznos, Greg brings unparalleled brand knowledge to this new role, and we are pleased to have his expertise benefiting franchisees system-wide," said Rick Schaden, Quiznos chairman and CEO. "Greg has a solid, proven track record and a vision for carrying Quiznos into the future. He truly understands the brand at all levels, including marketing, operations and development."

MacDonald began his career with Quiznos in 1998, holding senior positions in both marketing and development before being named president of Quiznos Canada in 2005.

Under MacDonald's leadership, chain-wide sales in Canada increased by more than 20 percent in four years and franchise owner profitability among Canadian stores more than doubled. Further, the number of restaurants in Canada grew by more than 20 percent during that time.

Since the latter part of 2008, MacDonald has also been heavily involved with the re-branding of the U.S. business, with the introduction of a "New Lower Prices Everyday" menu and the launch of Quiznos' $4 Toasty Torpedoes.

"Quiznos sets the standard for quick service food. In fact, you could argue that we set the quality and taste standards for fast casual as well," MacDonald said. "Moving forward, we will continue with our promise of offering the best tasting subs, salads and soups in the marketplace at a price that everyone in America can afford. By staying true to our core brand attributes and becoming more accessible to the average consumer, we can create the best run our franchise owners and business partners have ever seen."

About Quiznos

Celebrating its 27th anniversary, Denver-based Quiznos is a national chain designed for today's busy consumers who are looking for a tasty, freshly prepared alternative to traditional fast food restaurants. Using only premium quality ingredients, Quiznos restaurants offer creative, chef-inspired recipes for sandwiches, soups and salads.

In October 2007, Quiznos was recognized for leading the QSR industry in wait time performance by the Mystery Shopping Providers Association's (MSPA) 2007 Wait Time Study. In May 2007, Zagat's consumer surveys listed Quiznos in the top 5 for Top Food, Top Facilities, Top Service and Top Overall, ahead of its direct competitors.

For further information, please visit www.quiznos.com.

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