Multi-Unit Franchisee Magazine Issue I, 2014 | Page 26
MEGA
By Debbie Selinsky
All-Around High
Achiever
I
Measuring success by how many people
he helps reach their goals
n a time when many business executives are looking at what to cut
because of rising payroll and healthcare costs, Michael Kulp, president
and CEO of KBP Foods, a $250 million
restaurant company with units in nine
states, is taking an “inverse” approach.
“We’re using our growth as a vehicle
to handle costs rather than shrinking the
business down,” says the 38-year-old
Colorado native. “We’re making sure
that our growth and cash flow outpace
the costs of healthcare and payroll.” This
approach illustrates what Kulp finds most
rewarding about his job, he says. “Our
mission is to develop our people personally, professionally, and financially.”
With that goal in mind, KBP Foods,
Name: Michael Kulp
Title: President & CEO
Company: KBP Foods
No. of units by brand: 230
KFCs, 47 Taco Bells, and 4 Long
John Silver’s
Age: 38
Family: Wife Stephanie, three
children
Years in franchising: 8
Years in current position:
4 (since we restructured in 2010)
24
Multi-Unit Franchisee Is s ue I, 2014