Logan's Roadhouse Chairman, President and CEO Mike Andres is leaving the restaurant chain to return to fast-food giant McDonald's, where he has been named president of U.S. operations.
Executives at Logan's majority owner Kelso & Co. recruited Andres to the Nashville-based restaurant chain in February of last year. Previously, Andres had been with McDonald's for about 15 years and in 2010 had been tapped to run the company's Central Divisions, which has total sales of $11 billion.
"I'm thrilled to be back at McDonald's," Andres said in a statement issued by that company. "It's an honor to return to the industry leader as part of a talented team. Together, we'll focus on our customers as we capitalize on the opportunities in the U.S. market."
The Kelso team has named Gerard Lewis interim CEO. He will work with Andres in coming weeks to transition into his new role. Lewis has 35 years of restaurant industry experience and was chief concept officer of Boston Market last decade when it was under the McDonald's umbrella and being run by Andres. He has been consulting on Logan's menu revamp since retiring last year from a similar role at Wendy's International.
"Gerard has played a key role in the evolution of our menu and the enhancements in our guest experience," said Phil Berney, a Kelso managing director. "We look forward to his ongoing leadership and breadth of experience in helping the talented Logan’s team continue to deliver exceptional value to our guests."
Andres and his team in June reported that Logan's had lost $1.7 million in its fiscal third quarter. Since the summer of 2011, the company has posted a cumulative net loss of more than $175 million, due in part to some large asset impairment charges.
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