Franchise Update Magazine Issue I, 2015 | Page 20

BY KERRY PIPES POWERHOUSE WOMEN IN FRANCHISING BUILDING MOMENTUM Cheryl Bachelder, Popeyes CEO, wants to build better leaders T he single word Cheryl Bachelder, CEO of Popeyes Louisiana Kitchen, uses to describe the resurgence of the brand is “momentum.” She says Popeyes is now in its seventh year of positive growth, and its turnaround tale is one she is extremely proud to be part of. “My background in packaged goods taught me the value of positioning a brand, listening to customers, and keeping things fresh in order to be successful,” she says. “I don’t believe in a brand lifecycle.” Following a career with packaged goods giants including Procter & Gamble, The Gillette Company, and Nabisco, Bachelder took a leadership position with Domino’s Pizza in the mid-1990s. It was her first foray into the restaurant business and franchising, and it was a case of baptism by fire. “My first week on the job there was a class action lawsuit filed against us by the franchisees,” she recalls. There were some distribution problems and a general lack of communication, and it all boiled over. Bachelder stepped in and began peeling back the layers. “I found that we had an unaligned relationship with our franchisees. When you are aligned with your franchisees, you can rule the world.” So she set about asking questions, lisSYSTEM-WIDE REVENUE: N/A. U.S. same-store sales have outpaced the chickenQSR segment for 26 consecutive quarters, and overall QSR for 12 consecutive quarters according to independent data. In 2014, global same-store sales rose 6.2% NO. OF UNITS: 2,379 total (2,314 franchised, 65 corporate) INTERNATIONAL LOCATIONS: 509 PUBLIC OR PRIVATE? Public GROWTH PLANS (1, 3, 5 YEARS): We believe we have the potential to double our domestic footprint. YEAR FOUNDED: 1972 BEGAN FRANCHISING: 1976 YEARS WITH COMPANY: 7 YEARS IN FRANCHISING: 18 18 Franchiseupdate ISS U E I, 2 0 1 5 fu1_bachelder(18-20).indd 18 2/6/15 5:57 AM