George Michel will become CEO of Boston Market Corp. on Monday, replacing F. Lane Cardwell, who was at the helm of the Golden-based food chain less than 17 months.
"The leadership transition accompanies a shift in focus from the development of the vision for the new Boston Market toward careful attention to implementation," the privately held company said in a statement released Friday night.
Michel previously was president and CEO of Toronto-based Timothy’s Coffees of the World Inc., which was acquired by Green Mountain Coffee Roasters last November, and before that was CEO of A&W Restaurants and an executive with Burger King Corp. and Brinker International.
Michel will be the third CEO at Boston Market since investment firm Sun Capital Partners Inc. of Boca Raton, Fla., bought it from McDonald’s Corp. in 2007. Industry veteran Cardwell in late May 2009 replaced Richard K. "Rick" Arras, who resigned "to pursue other interests," the company said at the time. Arras later became a consultant.
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