Leadership

Marco’s Pizza appoints a co-CEO

Tony Libardi, formerly COO, will head the chain with longtime CEO Jack Butorac as part of a “long-term transition of power,” the chain said.
Marco's Pizza logo
Photo courtesy Marco's Pizza

Marco’s Pizza has promoted its president and COO to co-CEO, the quick-service pizza chain announced Wednesday.

Tony Libardi will head the chain with Jack Butorac, who has been CEO since 2004. The move is part of a “long-term transition of leadership” for Marco’s, the company said in a statement.

Libardi joined Marco’s from Burger King in 2014. During his tenure, he has boosted same-store sales growth and doubled unit count. He also transferred the chain to a single point-of-sale system, instituted operational standards and helped create Marco’s first national advertising program.

Marco’s reported a record-setting sales year in 2020, despite the pandemic.

“To say Tony is deserving of this promotion would be an understatement,” Butorac said in a statement. “Under Tony’s leadership, Marco’s evolved into a performance-driven culture that revolves around putting ‘people first.’”

Marco’s is currently testing ghost kitchens in several markets and has expanded third-party delivery, as well as curbside pickup options. The chain is also testing robotic kitchen upgrades.

 

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

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.

Food

Nando's Americanizes its menu a bit as U.S. expansion continues

Behind the Menu: Favorites like mac and cheese, bowls and salads join the fast casual’s Afro-Portuguese-rooted dishes, including the signature peri-peri chicken.

Financing

The consumer is cutting back, but not everywhere

The Bottom Line: Early earnings from major restaurant chains suggest the consumer has taken a distinct turn for the worse so far in 2024.

Trending

More from our partners