The Krystal Company, which is owned by Argonne Capital Group, has named Omar Janjua as president and CEO. The appointment becomes effective January 21. Previously, Janjua was CEO of Sonic Industries and president of Sonic Restaurants. The Krystal Company is a quick service restaurant chain.
ATLANTA–(BUSINESS WIRE)–The Krystal Company®, famous for its iconic square burgers, announced today the appointment of Omar Janjua as the company’s President and Chief Executive Officer, effective January 21st.
As CEO, Janjua will oversee the executive team, more than 350 restaurants and 6,000 employees in 11 states. He brings more than 35 years of quick service restaurant experience to The Krystal Company, having most recently served as President for Sonic® Restaurants, Inc. and Chief Operations Officer for Sonic Industries. Prior to Sonic, he served as Executive Vice President and Chief Operating Officer for The Steak ‘n Shake Company. Before Steak ‘n Shake, Janjua worked for 18 years with YUM! Brands, Inc. in its Pizza Hut operations, holding various leadership positions.
“Krystal is a brand with a unique position in the marketplace that enjoys a special relationship with its guests,” Janjua said. “I look forward to working with the team to expand the passion and loyalty that runs so deep in the brand history to a new and widening consumer base.”
Acquired by the Argonne Capital Group in 2012, The Krystal Company is the oldest quick service restaurant chain in the South and the second oldest in the United States.
“Argonne’s success is built on investment into proven brands and partnership with leaders who can drive those businesses to further heights,” said Michael Klump, President, CEO and Founder of Argonne Capital. “We are excited to have him as part of our team and know his extensive experience and strategic abilities will help lead The Krystal Company into a period of increased consumer relevance, growth and profitability.”
About The Krystal Company®
Founded in Chattanooga, Tennessee, in 1932, The Krystal Company® is the oldest quick service restaurant chain in the South. Its hamburgers are still served fresh and hot off the grill on the iconic square bun at more than 350 restaurants in 11 states. Krystal’s Atlanta-based Restaurant Support Center serves a team of 6,000 employees. For more information, visit www.Krystal.com or www.facebook.com/Krystal or follow the brand on Twitter and Instagram @Krystal.
About Argonne Capital Group®
Argonne Capital Group is a private investment firm focused on investments in the multi-unit restaurant, retail and service industries, where the firm targets between $25 – $75 million of equity per transaction. Argonne also has a significant presence in multi-tenant retail real estate through its RCG Ventures platform. In aggregate, Argonne and its affiliates have over $700 million of equity under management.