Position
President
Company
TGI Fridays
Description
This week TGI Fridays announced the addition of two seasoned restaurant executives to its leadership. The announcement follows on the heels of the chain’s appointment of CEO Weldon Spangler earlier this year. Ray Risley has been hired as the chain’s U.S. president and chief operating officer.
Executive Insights
Based on hiring dataNew executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months