April 16, 2014 3:38 AM ET

Hotels, Restaurants and Leisure

Company Overview of Ovation Brands, Inc.

Company Overview

Ovation Brands, Inc. operates restaurants in the United States. Its restaurants include steak-buffet restaurants and steakhouse restaurants. Ovation Brands, Inc. was formerly known as Buffets, Inc. and changed its name to Ovation Brands, Inc. in October 2013. The company was founded in 1983 and is headquartered in Eagan, Minnesota. Ovation Brands, Inc. operates as a subsidiary of Buffets Holdings, Inc.

1020 Discovery Road

Suite 100

Eagan, MN 55121

United States

Founded in 1983

Phone:

651-365-2173

Fax:

651-365-2356

Key Executives for Ovation Brands, Inc.

Chief Executive Officer and Director
Age: 54
Co-Founder and President
Age: 69
Co-Founder
Age: 66
Chief Financial Officer
Age: 52
Chief Operating Officer
Compensation as of Fiscal Year 2013.

Ovation Brands, Inc. Key Developments

Buffets, Inc. Announces Management Changes

Buffets, Inc. announced the appointment of finance professional Keith Kravcik as Chief Financial Officer and the creation of a new position of Director, Office of the CEO and Corporate Administration, promoting long-time Buffets administrator Jackie Fiebelkorn. Buffets, Inc. names finance professional Keith Kravcik as Chief Financial Officer. Kravcik will be responsible for all finance, accounting, purchasing and IT functions as well as continuing to strengthen the back office services organization for one of the country's large steak-buffet restaurant companies. He will be based in the co-headquarters office in Eagan, Minn. Kravcik will be responsible for all finance, accounting, purchasing and IT functions as well as continuing to strengthen the back office services organization for one of the country's large steak-buffet restaurant companies. Fiebelkorn will lead the office for the CEO and oversee administrators throughout the organization. Both executives will be based in the co-headquarters office located in Eagan, Minn., and will report directly to CEO Anthony Wedo. Kravcik most recently served as Group Vice President and Corporate Controller for Supervalu. In this capacity, Kravcik was responsible for providing strategic leadership and tactical guidance for all finance and accounting functions. Previously, Kravcik spent 16 years at McDonald's, where he progressed to the roles of Chief Financial Officer, Latin America and ultimately Corporate Vice President and Controller, McDonald's U.S.A. Kravcik began his career at Ernst & Young, where he spent 11 years working his way up within the audit practice.

Buffets Announces Senior Management Appointments

Buffets has named Chip Romp to its newly created position of Vice President of Training, and Jay Allen to Senior Vice President of Real Estate and Development. Both are new positions and signal expected growth for Hometown Buffet, Ryan's, Country Buffet, Old Country Buffet and Fire Mountain restaurants. Jay Allen recently served as the Vice President of Restaurant Development for Focus Brands, where he dedicated his efforts on the multi-branding initiatives with Schlotzsky's, Cinnabon and Carvel Ice Cream. As the Senior Vice President of Real Estate and Development, Allen will oversee the real estate, design and concept development of current and future concepts. He will also be responsible for the company's construction strategies and contract management. Allen will be based out of the Greer, South Carolina corporate office and report directly to CEO Anthony Wedo. Buffets said Romp most recently served as the Vice President of Training, Development & Ops Services for Italian Fast Casual concept Fazoli's. During his tenure, Romp and his team created training programs that focused on rebranding and menu enhancements by leveraging e-learning implementation and people development tools.

Buffets, Inc. Announces Executive Appointments

Buffets, Inc. has named industry veteran Chip Romp to its newly created position of Vice President of Training, and seasoned restaurant development professional Jay Allen to Senior Vice President of Real Estate and Development. Both are new positions and signal expected growth for Hometown(R) Buffet, Ryan's(R), Country Buffet(R), Old Country Buffet(R) and Fire Mountain(R) restaurants. As the Senior Vice President of Real Estate and Development, Allen will oversee the real estate, design and concept development of current and future concepts. He will also be responsible for the company's construction strategies and contract management. Allen will be based out of the Greer, South Carolina corporate office and report directly to CEO Anthony Wedo. Romp most recently served as the Vice President of Training, Development & Ops Services for Italian Fast Casual concept Fazoli's. Romp will also be based out of the company's restaurant headquarters in Greer, South Carolina. He will be responsible for all front and back-of-house training programs, including onboarding initiatives for new employees and leadership development for all field and corporate employees.

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