Staffing

Subway appoints Jeff Shepherd as CFO

Photo: Subway

November 15, 2023

Subway has named Jeff Shepherd as the brand's CFO. Shepherd reports to CEO John Chidsey and will oversee the brand's global finance organization. He succeeds Ben Wells, who will retire at the end of the year after a 46-year career, according to a press release.

Shepherd most recently served as EVP and CFO of Advance Auto Parts. He has also held positions with General Motors Europe and Ernst & Young.

"Jeff has a well-earned reputation for driving strong financial results for global brands, bringing nearly 30 years of financial and accounting experience to our organization," Chidsey said in the release. "As we welcome Jeff to Subway, we also thank Ben for his significant contributions. Since joining the company in December 2019, Ben has been a key driver of our brand's global financial stability and strategic growth, contributing to 11 consecutive quarters of positive sales results."

Subway operates nearly 37,000 restaurants in more than 100 countries.