Krystal appoints new CFO

CHATTANOOGA, Tenn. — The Krystal Company appointed James W. Bear as the company's vice president and chief financial officer. The company's chief executive Fred Exum said Bear has significant background in the QSR industry.

 

According to a news release, Bear brings more than 35 years of financial, accounting and senior management experience to Krystal. Bear most recently served as senior vice president and chief financial officer for Steak 'n Shake, where he helped the publicly traded company from 100 locations to more than 400.

 

Founded in 1932, Krystal is the oldest QSR chain in the South and the second oldest in the United States. The Chattanooga, Tenn.-based company currently has more than 420 restaurants in Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Texas and Virginia.