In my today’s article, I will discuss everything about the CEO of Hooters in detail. Hooters of America has over 435 Hooters restaurants in 44 states and 28 foreign countries. Let us now explore more about the CEO of Hooters.
Who Is The CEO Of Hooters?
The CEO of Hooters is Terrance M. Marks. He is also the Chief Executive Officer of Hooters of America, LLC.
About The CEO Of Hooters
As you have now got to know who the CEO of Hooters is, let’s explore more about his background and the company.
The Hooters first opened its door in 1983 in Clearwater, Florida. At that time they were known for their world-famous Hooters Style chicken wings. Since then, millions of people enjoyed their great food!
Coby Brooks was the son of the brand founder late Robert H. Brooks. After his father’s death, he gained the controlling interest of the company. He became a major franchisee for Texas-based restaurant chain Twin Peaks. Brooks further signed development agreements to open 35 Twin Peaks restaurants in six states over the next coming decades.
In January, the Brooks estate hand over Hooters to a group of private investors. Those were H.I.G. Capital KarpReilly and Chanticleer Holdings. However, the terms of the deals weren’t disclosed. During this fall, Marks joined the Hooters. At that time he was the Chief Executive of The Pantry Inc., holding more than 1650 stores in 13 states.
The current president and CEO of Hooters is an Atlanta-based franchisor and operator. He was also hired as the President and Chief Executive of soft drinks bottler Coco-Cola Enterprises. However, Coby Garrett Brooks is the former CEO of Hooters.
Marks spent nearly 21 years at Coco-Cola Enterprises in various sales, operations, finance, and general management roles. He directed all sales, supply chains, and human resources for the $15 billion enterprises with 55,000 employees in 400 locations.
Just within two decades, Hooters became a well-known brand across the globe for its great American food! Marks even protected Hooter’s market shares from other competitors such as Twin Peaks and Tilted Kilt Pub & Eatery. In an interview, he said that he is grateful he got the opportunity to contribute to the growth of Hooters.
Not many people know that Mr. Marks has completed BA in Communications from the University of Southern California. Later on, he got married to Cecile and had three beautiful children. Terrance M. Marks, the CEO of Hooters net worth is about $20 Million based on credible sources. However, the CEO of Hooters’ average salary is $227,874 a year.
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FAQ
Who Is The Current Owner Of Hooters?
The current owner of Hooters is Nord Bay Capital and TriArtisan Capital Advisors.
How Old Is Coby Brooks?
Coby Brooks currently is 52 years old.
Why Did Brooks Sell Hooters?
Brooks sold Hooters to settle down the Books’ estate.
How Much Did Hooters Sell For?
Hooters have sold their trademark and licensing rights for about $60 million to Altlanta-based operator and franchiser.
Why Did Brooks Sell Hooters?
Brooks died in 2006 in Myrtle Beach, leaving his ownership of Hooters to his son, current Hooters CEO Coby Brooks, and an underage daughter. The chain was sold as part of efforts to settle Brooks’ estate.
Did The Hooters Manager From Undercover Boss Get Fired?
They were wrong and I don’t want any part of it… the way he approached the girls was not acceptable.” Jimbo does not get fired. He gets reprimanded. The show says he has changed his management style.
What Happened To The CEO Of Hooters?
Brooks left Hooters after the sale of the company in 2011 and is now a franchisee of Twin Peaks, another “breastaurant” chain. Brooks also made a cameo alongside Twin Peaks CEO Randy DeWitt on another episode of Undercover Boss. After Brooks’s departure from Hooters, he was replaced by Terrance M.
How Is Hooters Doing Financially?
Hooters revenue is $1.2B annually. After extensive research and analysis, Zippia’s data science team found the following key financial metrics. Hooters has 25,000 employees, and the revenue per employee ratio is $48,000. Hooters peak revenue was $1.2B in 2022.
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Conclusion
Thus, that’s all you need to know about the CEO of Hooters.
We Guess We Have Answered All Your Questions Regarding CEO Of Hooters Here, Like
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