BJ's Restaurants Hires Darden Marketer as Brand President
BJ's Restaurants has hired Monika Saxena as its new brand president. Saxena joins from Darden Restaurants' LongHorn Steakhouse, where she served as EVP of brand marketing for eight years.
BJ's Restaurants (NASDAQ: BJRI) announced the appointment of Monika Saxena as its new brand president, effective an unspecified date. Saxena previously served as Executive Vice President of Brand Marketing at Darden Restaurants' (DRI) LongHorn Steakhouse for eight years.
Background
Saxena brings over 20 years of marketing experience in the restaurant industry. Prior to LongHorn, she held leadership roles at Yum! Brands and Brinker International. She is recognized for her expertise in brand building and growth strategies.
Reasons for Change
BJ's Restaurants did not disclose specific reasons for creating the brand president role, but the move is part of efforts to strengthen its brand identity amid intense competition in the casual dining segment.
Impact on the Company
Saxena is expected to lead marketing and advertising strategy, focusing on increasing brand awareness and attracting new customers. Her appointment could help improve sales performance amid sector challenges.
Market Reaction
BJRI stock showed no significant change following the announcement, trading within its usual range.
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