Leadership

Culver’s names Rick Silva CEO

The former Checkers and Rally’s chief executive will take over management of the Wisconsin-based burger concept.
Photograph: Shutterstock

Culver’s on Thursday named Rick Silva CEO. The former Checkers and Rally’s chief executive takes over for Joe Koss, who retired from the Prairie du Sac, Wis.-based chain late last year.

Rick Silva

Silva will take over the 792-unit chain at the end of March. He spent 13 years as CEO of Checkers & Rally’s, a largely drive-thru focused chain.

He takes over for what has quietly been a successful fast-food chain in Culver’s, whose system sales rose 14% in 2019 and likely benefited from a pandemic that emphasized drive-thru service.

In a release, the company credited Silva for building a “family-serving-family culture” at Checkers, saying that he built unit-level operating margin by more than 300 basis points.

“As we searched for Culver’s next leader, we were looking for several key characteristics—a true culture and values fit, the ability to support and expand the successful growth of our current and future franchisees and a drive to genuinely deliver on Culver’s mission,” co-founder Craig Culver said. “We are confident that Rick can do all three and are excited to see what he brings to further accelerate Culver’s.”

Koss retired late last year after 23 years with the chain.

Silvia will become only the fourth CEO in Culver’s history. Culver had been its longtime CEO before he retired in 2015, after which he was replaced by Phil Keiser, who died of a heart attack in 2016. Koss took over in 2017.

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

Financing

Why are so many restaurant chains filing for bankruptcy?

The Bottom Line: A combination of rising costs and weakening sales, and more expensive debt, has caused real problems for restaurant chains. But the industry is also really difficult.

Financing

Despite their complaints, customers keep flocking to Chipotle

The Bottom Line: The chain continued to be a juggernaut last quarter, with strong sales and traffic growth, despite frequent social media complaints about shrinkflation or other challenges.

Operations

Hitting resistance elsewhere, ghost kitchens and virtual concepts find a happy home in family dining

Reality Check: Old-guard chains are finding the alternative operations to be persistently effective side hustles.

Trending

More from our partners