Papa Murphy's Take 'N' Bake Pizza Adds Two Vice Presidents to Senior Management Team to Prepare for Continued Growth.
VANCOUVER Vancouver, city, Canada
Vancouver, city (1991 pop. 471,844), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver Island and just N of the Wash. border. , Wash. -- Papa Murphy's Take 'N' Bake Pizza, the world's largest and fastest-growing take-and-bake pizza chain, announces the promotions of Dick Larsen Larsen may refer to:
The company's recapitalization Recapitalization
Restructuring a company's debt and equity mixture often with the aim of making a company's capital structure more stable.
Companies often want to diversify their debt-to-equity ratio to improve liquidity. by Charlesbank Capital Partners in 2004 and a recent increase in experienced multi-unit operators positions Papa Murphy's to continue this aggressive growth trend through the next 5 years. Key markets that have been identified for expansion include Chicago Chicago, city, United States
Chicago (shĭkä`gō, shĭkô`gō), city (1990 pop. 2,783,726), seat of Cook co., NE Ill., on Lake Michigan; inc. 1837. ; Denver Denver, city (1990 pop. 467,610), alt. 5,280 ft (1,609 m), state capital, coextensive with Denver co., N central Colo., on a plateau at the foot of the Front Range of the Rocky Mts., along the South Platte River where Cherry Creek meets it; inc. 1861. ; Detroit; Indianapolis; Kansas City Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850). , Mo.; Louisville, Ky.; Minneapolis; San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden and Sacramento, Calif.; Salt Lake City; St. Louis; and Wichita, Kan. In addition, growth is slated for major markets in Texas, Ohio and throughout the Pacific Northwest.
"The expertise that both individuals bring to these positions will play a key role in the structure and development of all our future store openings," said President Mark Laramie. "Dick has been responsible for site selection and has been a driving force for our growth in new markets, and Jenny has been instrumental in the development and implementation of many of our operations and training systems. Expanding our executive team with these two positions - and filling those spots with experienced, qualified people like Dick and Jenny - will ensure that we offer our increasing roster of franchisees the best support possible."
Larsen assumes the vice president of development title after 7 years with Papa Murphy's. In the new position, his responsibilities include analysis and definition of new markets as well as selection and construction of new store locations. His previous experience with Papa Murphy's included the positions of real estate manager and director of real estate - Central region. Before joining Papa Murphy's in 1998, Larsen worked as a project manager for IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) for 25 years. He holds a bachelor's from Moorhead State University.
Pettit began her career at the company more than 20 years ago with Papa Aldo's Pizza, which was purchased by Papa Murphy's in 1990. Because of her long-time knowledge of the company's history and the take-and-bake concept, Pettit is able to consistently generate strong ideas for new programs that are in alignment with the values and vision of Papa Murphy's. Her previous roles with the company include franchise consultant and training director; she served most recently as senior district operations manager See datacenter manager. for the Northwest district.
About Papa Murphy's
Papa Murphy's is the sixth largest pizza chain in the country and the pioneer of Take 'N' Bake pizza. The Vancouver-based company offers custom-made specialty pizzas with the freshest toppings. There are more than 850 Papa Murphy's locations in 28 states. To learn more, visit www.papamurphys.com.