Fogo de Chão Appoints Daniel Duran as New CFO
Daniel Duran has been appointed Chief Financial Officer at Fogo de Chão, succeeding Tony Laday who is retiring after more than a decade with the company. The transition occurred on July 20 and was announced in a press release. During his tenure, Laday oversaw significant milestones including an IPO in 2015, acquisitions by Rhône Capital and Bain Capital, as well as substantial growth from 35 to 122 locations. Duran brings experience from BJ's Restaurants and Hot Topic, where he worked on strategic planning and business performance. He joined Fogo de Chão last November and has already earned recognition for his leadership qualities according to CEO Barry McGowan. Duran will now lead financial strategy across multiple departments including accounting, treasury, tax, investor relations, and analytics. Fogo continues its expansion with new locations in North Carolina, New York, and Santiago, Chile, as well as introducing innovative offerings like the Spicy Steak menu item.
Topics: leadership restaurant industry