Financing

Checkers & Rally’s names Frances Allen CEO

The longtime industry executive takes over for Rick Silva, who has left the company after 13 years.
Photograph courtesy of Checkers

Checkers & Rally’s on Monday named longtime industry executive Frances Allen its CEO.

The former Boston Market CEO and Jack in the Box president takes over for Rick Silva, who has been in the top job with Checkers for the past 13 years.

Silva “has decided to leave the company,” Checkers & Rally’s said in a statement. The change in CEO was effective Monday.

Allen has been involved in fast-food chains for years, most recently as the CEO of Boston Market, where she worked from 2018 until her departure earlier this month. Before that, she was president of Jack in the Box for four years.

Kevin Mailender, a partner with Checkers owner Oak Hill Capital and a member of the Checkers board of directors, called Allen “an accomplished leader in the restaurant industry” whose “wealth of experience with leading brands and impressive set of skills will be highly valuable to our business.”

“With a demonstrated ability to develop and inspire winning teams, Frances is the right leader to guide Checkers & Rally’s to its full potential,” Mailender added.

Allen joins a company with two concepts: Checkers, which operates nearly 600 locations, and Rally’s, which operates 300. Together, the chains have nearly 900 restaurants.

Oak Hill bought the company along with management in 2017, but the chain struggled with weak sales and profits in 2018. Checkers has been selling restaurants to franchisees in recent years.

Allen in a statement called Checkers & Rally’s a “unique brand with so much potential for growth.” She said the company would “continue its tradition of putting the customer first and serving its communities by delivering high-quality, craveable food at exceptional values.”

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Leadership

Meet the restaurant fixer who now owns Etta

Tech entrepreneur Johann Moonesinghe suddenly finds himself leading a growing group of restaurants. His secret? He doesn't expect to make a profit.

Financing

Looking for the next Chipotle? These 3 chains are already there

The Bottom Line: Wingstop, Raising Cane’s and Jersey Mike’s have broken free from the pack of well-established growth chains. Here’s why this trio stands out.

Financing

For Starbucks, 2 years of change hasn't yielded promised results

The Bottom Line: The coffee shop giant’s sales struggles worsened earlier this year, despite a flurry of efforts to improve operations and employee satisfaction.

Trending

More from our partners