Black Bear Diner Names Anita Adams CFO
Black Bear Diner, the rapidly expanding family dining concept headquartered in Redding, California, announced today the addition of restaurant industry veteran Anita Adams as chief financial officer. Adams, formerly CFO for American Blue Ribbon Holdings, is responsible for driving Black Bear Diner’s financial performance across operations and shared services as the concept expands nationally. Adams is a member of the executive leadership team.
“Our national expansion is moving swiftly and Anita’s leadership, experience, and financial savvy will ensure we mitigate any financial risks as we continue down this exciting path,” says Bruce Dean, CEO of Black Bear Diner. “She is a key addition and asset to our Black Bear Diner family, and we are thrilled to have her on board.”
Black Bear Diner has experienced increased same-store-sales over the last 24 quarters and also experienced a 15.3 percent increase in system wide net sales from 2015 to 2016. The brand growth is being fueled by a mix of new and existing franchisees in existing markets, as well as corporate stores in newer markets. This year, Black Bear is on track to open up 21 new units, including its 100th restaurant in the second quarter.
“Black Bear Diner is a strong performer with a unique positioning in the family dining segment,” Adams says. “I’m excited to join an incredible leadership team focused on driving results and ensuring the continued positive momentum Black Bear Diner has experienced.”
The executive leadership team of Black Bear Diner includes Bruce Dean, CEO; Anita Adams, CFO; Timothy Kaliher, chief operating officer; Robin Yoshimura, chief franchise officer; and David Doty, chief marketing officer.