NexCen Brands Appoints Tony Valles to New Position of Vice President of Non-Traditional Development
Press Release Source: NexCen Brands, Inc. On Wednesday April 7, 2010, 7:30 am EDT
NEW YORK--(BUSINESS WIRE)--NexCen Brands, Inc. (PINK SHEETS: NEXC - News) today announced the appointment of Tony Valles to the newly created position of Vice President of Non-Traditional Development for NexCen Franchise Management, Inc., the franchising subsidiary of NexCen Brands. Mr. Valles will be responsible for developing franchise locations in venues such as convenience stores, airports, universities, and other non-traditional retail locations. He will report to Chris Dull, President of NexCen Franchise Management, Inc.
Mr. Valles, 54, has more than 30 years of experience in restaurant franchising, real estate development, construction and architecture. Most recently, Mr. Valles was President of Valles Development Inc., a franchise consulting company that he founded in 2006. Prior to that, he served as Senior Director of Non-Traditional Development at Quiznos where some of his responsibilities included managing convenience store, gas station and other non-traditional franchise development, recruiting new multi-unit franchisees and negotiating deal structures. Throughout Mr. Valles’ career, he has held business and franchise development positions of increasing responsibility for companies such as Dunkin’ Brands, The Krystal Company, Church’s Chicken, Yorkshire Global Restaurants, and Burger King Corporation.
Kenneth J. Hall, Chief Executive Officer of NexCen Brands, Inc., stated, “We are very pleased to have another seasoned franchise professional join NexCen’s team. Adding a focus, under Tony’s direction, on the expansion of our franchise brands in non-traditional retail locations will support our commitment to drive revenue and franchise growth.”
Mr. Dull stated, “Tony has a unique combination of knowledge in site selection, design, development, franchising and operations. We believe his skill set will help both enhance our speed to market and ensure that we capture the best opportunities on behalf of our franchise systems.”
About NexCen Brands
NexCen Brands, Inc. is a strategic brand management company with a focus on franchising. It owns a portfolio of franchise brands that includes two retail franchise concepts: TAF® and Shoebox New York®, as well as five quick service restaurant (QSR) franchise concepts: Great American Cookies®, MaggieMoo's®, Marble Slab Creamery®, Pretzelmaker® and Pretzel Time®. The brands are managed by NexCen Franchise Management, Inc., a subsidiary of NexCen Brands.
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FDLeigh Parrish/Stephanie Rich212-850-5600
