TORONTO — Restaurant Brands International Inc., the parent company of Burger King, Tim Hortons and Popeyes Louisiana Kitchen, has announced a shakeup in its leadership team.
Jose Cil, president of Burger King since 2014, has been named CEO of Restaurant Brands International. He succeeds Daniel Schwartz, who has led the business since its formation in 2014. An 18-year veteran of Burger King, Cil’s priority will be accelerating global growth of the company’s restaurant brands.
Schwartz will transition to the role of executive chairman of Restaurant Brands International, co-chairman of its board of directors and a partner at 3G Capital. He will remain involved in the Restaurant Brands International business with a focus on talent acquisition, capital allocation and strategic initiatives.
Josh Kobza, who has been chief financial officer and chief technology and development officer at Restaurant Brands International, will advance to the role of chief operating officer. He will continue to oversee the development of new international franchise partnerships and the implementation of technology initiatives, with the additional responsibility of ensuring the company’s operational teams support growth of the three brands.
Schwartz will work with Cil over the coming months to ensure a smooth transition.
“I am very proud of the talented team that we have built at RBI,” Schwartz said. “This is a natural transition of roles for all of us and reflects how we were already beginning to operate the business day-to-day. I have great optimism for what I believe our team will achieve, and we are looking forward to sharing further details with the investment community later this year.”