Franchise Update Magazine Issue III, 2013 | Page 12

Grow Market Lead CEO profile: New Kid in Town CEO Paul Brown on Arby’s spirit of revitalization By Kerry Pipes L ast May Paul Brown made a bold move. He left his hotel management career to move into the food service arena, taking over as CEO of Arby’s. It’s a move Brown was well prepared to make: he has extensive experience and a proven track record in leading global and franchise brands including Hilton Worldwide, Expedia, and InterContinental Hotels Group. “What I have learned throughout my career in franchising is that it is really a competition for capital,” says the 46-year-old. “If a brand provides a great return on investment for franchisees, they will continue to invest and build with that brand.” Brown says he loves the franchise business because it’s a “relatively straightforward virtuous cycle.” He sums it up like this: franchisees make a great return, franchisees invest and build more units, franchisor makes a great return, franchisor invests more in the brand, and begin again. He believes the value proposition at Arby’s is at the intersection of the QSR an