MIAMI, June 13 /PRNewswire-FirstCall/ -- Chuck Fallon has joined Burger
King Corporation (NYSE: BKC) as president of North America, it was
announced today by John W. Chidsey, CEO of BKC. Fallon, who will report to
Chidsey, most recently served as executive vice president of revenue
generation for Cendant Car Rental Group Inc., the parent company of Budget
Rent A Car and Avis Rent A Car. His BKC appointment is effective Monday,
June 19.
(Logo: http://www.newscom.com/cgi-bin/prnh/20031014/BKLOGO )
"Chuck comes to his new role with invaluable qualifications," Chidsey
said. "He has a track record of proven business success in a franchised
organization and tremendous experience in the complexities of large-scale,
competitive environments. Having worked with Chuck at Cendant, I am
confident that he is the ideal leader for Burger King North America."
In his most recent role with Cendant, Fallon led Cendant Car Rental
Group's global corporate, international and travel industry sales, as well
as marketing, pricing and yield management.
Fallon said, "Burger King is enjoying one of the most exciting chapters
in its 52-year history, and I am delighted to be joining the company at
this time. I am confident the company is poised for even greater success
under John's leadership."
Fallon joined Cendant in 1998 and was responsible for the Preferred
Alliance Group and Cendant Supplier Services, which focused exclusively on
rolling out programs for Cendant's various franchisees. Before assuming his
role at Avis, he served as chief operating officer of Cendant Membership
Services, a $700 million direct marketing unit where he played a key role
in executing the management buy-out of the Cendant Membership Services by
Trilegiant Corporation.
Fallon was previously a director in the investment banking division of
Salomon Smith Barney. He also worked in finance and banking positions for
Hoare Govett and Prudential-Bache Capital Funding.
Fallon holds a degree in accounting and finance from McMurry University
in Abilene, Texas, and earned an MBA from Columbia University.
About Burger King Holdings Inc. and Burger King Corporation
The BURGER KING(R) system operates more than 11,100 restaurants in all
50 states and in more than 65 countries and U.S. territories worldwide.
Approximately 90 percent of BURGER KING Restaurants are owned and operated
by independent franchisees, many of them family-owned operations that have
been in business for decades. To learn more about Burger King Corporation,
please visit the company's Web site at < http://www.burgerking.com >.
SOURCE Burger King Corporation
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Related links: http://www.burgerking.com
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CONTACT: Edna Johnson, BKC Media Relations, +1-305-378-7516, or ednajohnson@whopper.com
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