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