Del Taco names new CEO
Del Taco Restaurants Inc., today announced that President and Chief Brand Officer John D. Cappasola Jr. has been named CEO, succeeding Paul J.B. Murphy III. Cappasola will also replace Murphy on the company's board of directors. Murphy will remain with the company into July to ensure a seamless and orderly transition of leadership and responsibilities.
Cappasola joined Del Taco in a senior leadership role in 2008, and has been president since January 2017 and chief brand officer since February 2011. Murphy had been CEO since February 2009, and served as president from February 2009 through December 2016.
Chairman of the Board Lawrence F. Levy said in a news release, "John is a dynamic, people-oriented brand leader who understands strategy and driving business results. ... Game-changing new product innovation, highly effective marketing campaigns and dramatic improvements in the guest experience are a direct result of John's leadership across our organization."
Levy added, "We thank Paul for his many contributions to Del Taco. Paul has developed a high-performing culture and an outstanding leadership team that is poised to continue delivering superior performance. We deeply appreciate Paul for his leadership and commitment to Del Taco and wish him all the best."