AFC Enterprises Appoints John M. Cranor and Cheryl A. Bachelder to Board of Directors

    ATLANTA, Nov. 28 /PRNewswire-FirstCall/ -- AFC Enterprises, Inc.
 (Nasdaq:   AFCE), the franchisor and operator of Popeyes(R) Chicken &
 Biscuits, today announced the appointment of John M. Cranor and Cheryl A.
 Bachelder to its Board of Directors. Mr. Cranor and Ms. Bachelder will also
 serve as members of the Board's Corporate Governance and Compensation
 Committees.
     Mr. Cranor previously served as Chairman, President and Chief Executive
 Officer of Long John Silver's Restaurants, Inc., a position he held from
 1996- 1999. Prior to that, Mr. Cranor was President and Chief Executive
 Officer of KFC Corporation from 1989-1994. Mr. Cranor has more than
 30-years of management experience in the food service and retail industries
 including senior executive positions with Pepsi-Cola North America, Taco
 Bell Corporation, Wilson Sporting Goods, and Frito-Lay Company.
     Since 2003, Mr. Cranor has served as the President and Chief Executive
 Officer of the New College Foundation, affiliated with New College of
 Florida in Sarasota. Mr. Cranor previously served on the Board of Directors
 for Quick Chek Stores, Inc., Capital Holding, National City Bank, and
 Providian Financial Corporation. Mr. Cranor holds a Bachelor's of Arts
 degree from New College of Florida and a Master's of Business
 Administration from Harvard University.
     Ms. Bachelder served as the President and Chief Concept Officer of KFC
 Corporation from 2001-2003. From 1995-2000, Ms. Bachelder was Vice
 President, Marketing and Product Development for Domino's Pizza, Inc. She
 began her career at Procter & Gamble in brand management and rose to
 leadership roles at The Gillette Company and RJR Nabisco Inc.
     Ms. Bachelder currently serves as a member of the True Value Company
 Board of Directors. She also sits on the Board of Overseers for the Tobias
 Center for Leadership Excellence at Indiana University. Ms. Bachelder holds
 a Bachelor's of Science and a Master's of Business Administration from the
 Kelley School at Indiana University.
     "John and Cheryl will be great additions to our Board," said Ken
 Keymer, Chief Executive Officer and President. "Both of them bring strong
 leadership skills coupled with excellent operational and marketing
 experience from the quick-serve restaurant sector and food industry. Their
 expertise in our quick service sector will be of great benefit to our
 growth. We look forward to their contributions."
     Corporate Profile
     AFC Enterprises, Inc. is the franchisor and operator of Popeyes(R)
 Chicken & Biscuits, the world's second-largest quick-service chicken
 concept based on number of units. As of October 1, 2006, Popeyes had 1,845
 restaurants in the United States, Puerto Rico, Guam and 24 foreign
 countries. AFC has a primary objective to be the world's Franchisor of
 Choice(R) by offering investment opportunities in its Popeyes Chicken &
 Biscuits brand and providing exceptional franchisee support systems and
 services. AFC Enterprises can be found on the World Wide Web at
 http://www.afce.com.
     Forward-Looking Statement: Certain statements in this release, and
 other written or oral statements made by or on behalf of AFC or its brand
 are "forward-looking statements" within the meaning of the federal
 securities laws. Statements regarding future events and developments and
 our future performance, as well as management's current expectations,
 beliefs, plans, estimates or projections relating to the future, are
 forward-looking statements within the meaning of these laws. These
 forward-looking statements are subject to a number of risks and
 uncertainties. Among the important factors that could cause actual results
 to differ materially from those indicated by such forward-looking
 statements are: competition from other restaurant concepts and food
 retailers, the loss of franchisees and other business partners, labor
 shortages or increased labor costs, increased costs of our principal food
 products, changes in consumer preferences and demographic trends, as well
 as concerns about health or food quality, instances of avian flu or other
 food-borne illnesses, the need to continue to improve our internal
 controls, adverse effects on operations from Hurricane Katrina, the
 Company's ability to recover related losses from its insurers and the
 economic impact on consumer spending in markets affected by Katrina, the
 loss of senior management and the inability to attract and retain
 additional qualified management personnel, limitations on our business
 under our 2005 Credit Facility, failure of our franchisees, a decline in
 the number of franchised units, a decline in our ability to franchise new
 units, slowed expansion into new markets, unexpected and adverse
 fluctuations in quarterly results, increased government regulation, adverse
 effects of regulatory actions arising in connection with the restatement of
 our previously issued financial statements, effects of increased gasoline
 prices, general economic conditions, supply and delivery shortages or
 interruptions, currency, economic and political factors that affect our
 international operations, inadequate protection of our intellectual
 property and liabilities for environmental contamination and the other risk
 factors detailed in our 2005 Annual Report on Form 10-K and other documents
 we file with the Securities and Exchange Commission. Therefore, you should
 not place undue reliance on any forward- looking statements.
     AFC Contact Information
     Investor inquiries:
     Cheryl Fletcher, Director, Finance & Investor Relations
     (404) 459-4487 or investor.relations@afce.com
 
     Media inquiries:
     Alicia Thompson, Vice President, Popeyes Communications & Public Relations
     (404) 459-4572 or popeyescommunications@popeyes.com
 
 

SOURCE AFC Enterprises, Inc.

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.