MONTREAL, Aug. 15,
2023 /CNW/ - MTY Food Group Inc. ("MTY" or the
"Company") (TSX: MTY), franchisor and operator of multiple concepts
of restaurants worldwide, announces today that Jenny Moody was promoted to Chief Legal
Officer.
Mrs. Moody joined the U.S. division of MTY in 2010 and has since
served in multiple roles of increasing responsibility, including
Sr. VP and Deputy General Counsel where she was also head of Human
Resources at Kahala Brands, and most recently General Counsel of
all of MTY's U.S. operations. During this time she has also been an
active participant in the strong culture of MTY, serving as a
longtime member and Treasurer of the organization's community
outreach and diversity group and as a senior member of MTY's
Environmental, Social and Governance "ESG" committee. For over a
decade she has consistently demonstrated exceptional teamwork,
leadership qualities, passion and skills.
"Since the acquisition of Kahala Brands in 2016, Jenny has been
an incredible contributor to the success of MTY. After successfully
and seamlessly integrating the legal function for all of the US,
where two thirds of MTY's network is located today, the logical
next step was to bring the entire North American legal function
together under Jenny's leadership", said Eric Lefebvre, Chief executive officer of MTY.
"Jenny brings a lot of experience, credibility and enthusiasm to
our leadership team. She will work with our existing, accomplished
legal teams located in our various offices to accelerate the
development and implementation of new initiatives that will support
our goals for the long-term."
"I have witnessed first-hand MTY's limitless potential as
talented people in our organization – many of which have been with
MTY for many years - have continuously come together to accomplish
significant milestones such as reaching over 7,000 unit count
globally and surpassing the $5
billion mark in system sales1 during the last
four quarters. I'm genuinely thankful and excited to continue
partnering with the legal and business teams in supporting MTY's
overall business and growth objectives", says Mrs. Moody.
Mrs. Moody holds a B.A. from Washington
University in St. Louis
where she was a two-sport NCAA athlete, and a J.D. from
Arizona State University where she was
a Pedrick Scholar. She was a finalist in the "Up and Coming"
category for the Arizona Corporate Counsel Awards in 2016 and was
named by AZ Business Magazine as one of "Arizona's Most Influential Young Business
Leaders."
1SUPPLEMENTARY
FINANCIAL MEASURES
Management discloses supplementary financial measures as they
have been identified as relevant metrics to evaluate the
performance of the Company. These include system sales (sales of
all existing restaurants including those that have closed or have
opened during the period, as well as the sales of new concepts
acquired from the closing date of the transaction and forward).
FORWARD-LOOKING
STATEMENTS
Certain information in this News Release may constitute
"forward-looking" information that involves known and unknown
risks, uncertainties, future expectations and other factors which
may cause the actual results, performance or achievements of the
Company or industry results, to be materially different from any
future results, performance or achievements expressed or implied by
such forward-looking information. When used in this News Release,
this information may include words such as "anticipate",
"estimate", "may", "will", "expect", "believe", "plan" and other
terminology. This information reflects current expectations
regarding future events and operating performance and speaks only
as of the date of this News Release. Except as required by law, we
assume no obligation to update or revise forward-looking
information to reflect new events or circumstances. Additional
information is available in the Company's Management Discussion and
Analysis, which can be found on SEDAR at www.sedar.com.
On Behalf of the Board of Directors of
MTY Food Group Inc.
_____________________________________
Eric Lefebvre, Chief executive
officer
SOURCE MTY Food Group Inc.