Restaurant Brands International Inc. (TSX: QSR) (NYSE: QSR) (TSX: QSP) (“RBI”, “Company”) has appointed Patrick Siewert as its Senior Advisor for the Asia-Pacific region. Mr. Siewert brings extensive experience in the food, beverage, and consumer products sectors in Asia. He served as Chief Operating Officer and Group President for Coca-Cola in Asia from 2001 to 2007 and then as Managing Director for the Carlyle Group in Asia from 2007 to 2023.
In 2017, Mr. Siewert led the Carlyle Group’s acquisition of a 28% stake in McDonald’s China and Hong Kong business and continued to advise the McDonald’s leadership team in the region as they rapidly expanded restaurant openings and sales.
Based in Hong Kong, Mr. Siewert will advise RBI on its business strategies in the Asia-Pacific region, including forming new master franchise partnerships and attracting top talent to the Company.
“I have tremendous respect for Patrick. We will greatly benefit from his advice, knowledge, and extensive network in the Asia-Pacific region,” said Patrick Doyle, Executive Chairman of RBI.
“We view the Asia-Pacific region as one of the largest growth opportunities for our brands in the coming years. I’m excited and grateful that Patrick has agreed to join us as a Senior Advisor to help us seize our opportunities in the region,” said Josh Kobza, CEO of RBI.
As of December 31, 2023, RBI had over 4,500 restaurants in Asia, including more than 2,300 in China. Burger King, Tim Hortons, and Popeyes all have a presence in Asia, with plans to introduce Firehouse Subs in the coming years.
Restaurant Brands International Inc. is one of the world’s largest quick service restaurant companies with over $40 billion in annual system-wide sales and over 30,000 restaurants in more than 120 countries and territories. RBI owns four of the world’s most prominent and iconic quick service restaurant brands – TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS®. These independently operated brands have been serving their respective guests, franchisees and communities for decades. Through its Restaurant Brands for Good framework, RBI is improving sustainable outcomes related to its food, the planet, and people and communities.
