“I am thrilled to be returning to Atlanta and am very excited to be joining the Hooters team,” says Terrance Marks.
Terrance Marks, president and CEO of The Pantry, who this week announced his resignation from the chain of 1,650 c-stores, is set to take the helm as president and CEO of Hooters of America LLC, a franchisor and operator of over 435 Hooters restaurants in 44 states and 28 foreign countries.
CSD reported yesterday that Marks had announced his resignation from The Pantry. Marks will begin with Hooters early this fall following a transition plan with The Pantry.
“I am thrilled to be returning to Atlanta and am very excited to be joining the Hooters team,” said Marks. “Throughout my career I have been privileged to experience both the power of world class brands and the excitement of nurturing the development of lesser known ones. The opportunity to contribute to the growth of a great brand like Hooters is extremely energizing to me. In just a little over two decades Hooters has become known around the world for great American food, a fun environment and of course the iconic Hooters Girls. This record of success is a credit to all those who have contributed to the development of the brand, and I look forward to working with the Hooters team as we lead the company into its next phase of growth.”
Hooters was acquired in January 2011 by a consortium of private investors including H.I.G. Capital, KarpReilly and Chanticleer Holdings from the estate the late Robert H. Brooks. Marks succeeds Coby Brooks, president and CEO of the company since 2003 who was Brooks’ son. He will direct the company from its Atlanta headquarters where the company has been based since 1984.
“Terry brings with him the accumulated experience from a long and successful career capitalizing on the power of brands,” said Tim Armstrong, director of Hooters of America and Managing Director at H.I.G. Capital. “Hooters has come tremendously far since 1983. Terry brings the operational and strategic expertise to take the brand to a whole new level of performance.”
Prior to the Pantry, Marks spent 21 years at Coca-Cola Enterprises Inc. (“CCE”) in various sales, operations, finance and general management roles culminating as President of CCE North America. As president, he directed all sales, marketing, finance, operations, manufacturing, distribution, supply chain and human resources for the $15 billion enterprise with 55,000 employees in 400 locations. Marks received a BA in Communications from the University of Southern California.