Former MGM Resorts International Exec Appointed by Preferred Restaurant Brands as Senior Finance Officer

Aug 31, 2015, 14:36 ET from Preferred Restaurant Brands Inc

LAS VEGAS, Aug. 31, 2015 /PRNewswire/ -- Preferred Restaurant Brands Inc (OTCQB: PRBI; the "Company"), announces the appointment of Lance Garrick to the position of Senior Vice President, Corporate Controller, effective immediately.  Garrick brings an extensive background in strategic planning, business analytics, operational performance improvement … with over 25 years of proven experience driving growth and profitability in large corporations as well as smaller entrepreneurial startups. 

Garrick recently held the position of Vice President Finance for MGM Resorts International – Hospitality Retail Division – including the Five-Diamond Bellagio Resort, Five-Diamond Aria Resort, MGM Grand Resort – where he was responsible for developing, overseeing and interpreting business results and controls based on large volumes of consumer / guest transactions and behavioral data to optimize performance, as well as comprehensive financial management of the division.  Garrick was instrumental in architecting initiatives that improved Business Unit EBITDA during the economic recession 2009-2013.

"We believe Lance's experience in the hospitality industry and his significant strategic planning and business analytic skills will make him a great asset to our Company" noted PRBI Chairman CEO Ken Antos.  Added Antos "Lance is quick to identify the issues (and therefore opportunities) facing an organization.  During his tenure as business consultant to the Company, Lance developed and drove initiatives that helped the Company to its first EBITDA profitable quarter in our recent Fiscal 3rd Quarter.  We are delighted and excited to have Lance join the Preferred Restaurant Brands senior management team".

Garrick's previous work experience includes various financial, planning and business development positions at Verb Exchange, AT&T, Coors Brewing Company and Texas Instruments.  Garrick holds a Masters Degree from Purdue University's Krannert Graduate School of Business and is a CPA.

Headquartered in Las Vegas NV, Preferred Restaurant Brands is a multi-brand, multi-unit restaurant development and operating company … and currently operates:

  • 6 Papa John's Pizza franchised locations in the Fresno / Sacramento corridor.  Papa John's Pizza is the #1 Recognized Pizza Brand of the avid NFL fan.
  • 9 Capriotti's Sandwich Shops franchised locations in exclusive development areas - consisting of parts of Dallas/Fort Worth, Southern California markets (Orange County, San Diego County and parts of Los Angeles County), as well as parts of Las Vegas.  Capriotti's "The Bobbie" was Voted Greatest Sandwich in America.
  • ELEMENTS Fine Casual Dining & Cocktails – Las Vegas       
  • SOCIAL Bistro & Wine Bar in Tivoli VillageLas Vegas / Summerlin

In addition, the Company has other restaurant concepts in various stages of development.

For information contact:
Lance Garrick 
Senior VP Corporate Controller 
Preferred Restaurant Brands Inc
702 834-7101

SOURCE Preferred Restaurant Brands Inc