MTY Food Group Inc. announced the management changes pursuant to its May 2nd, 2018 announcement according to which Mr. Stanley Ma and Mrs. Claude St-Pierre will be leaving their respective roles as CEO and COO of the corporation on November 2, 2018 to concentrate on their Board of Director responsibilities. The structure of the organization will be adjusted in order to adapt to the growing number of brands the company operates in multiple segments of the restaurant industry, mainly in Canada. The Canadian operations will now have three distinct COO's; Marie-Line Beauchamp will lead the Casual Dining segment, Marc Benzacar will lead the Fast Casual segment, and Jason Brading will lead the Quick Service segment.

The US operations will continue with its current structure, under the leadership of Jeff Smit. Eric Lefebvre will become the Chief Executive Officer on November 2, 2018. In addition to the nominations above, MTY also announced that Renée St-Onge will be promoted the new Chief Financial Officer of the company on November 2, 2018, replacing Eric Lefebvre in that role.

Marie-Line was appointed Chief Operating Officer for Imvescor Restaurant Group Inc. on March 1st, 2018. Previous positions with Imvescor include Chief Operating Officer for Mikes and Pizza Delight since July 2017 and Chief Operating Officer for the Mikes since February 15, 2016. Prior to joining the organization, Marie-Line worked as the Executive Director of Leucan.

Marc held Legal Counsel and executive positions in the Pharmaceutical industry for the first decade of his career before joining MTY in 2007 as Vice President of Legal Affairs and Corporate Development, working primarily on acquisitions and overseeing the company's legal matters. In 2008, Marc was awarded the Senior Vice President position for Sushi Shop, Sushiman and SushiGO, in a role in which he has achieved exceptional results. Jason is a 30-year veteran of the Restaurant and Food Service industry having held various senior executive positions in Canada.

Jason joined MTY in 2014 as Brand Vice President for the quick service MR.SUB chain, where he has been instrumental in helping the team achieve outstanding results over the past four years. Jason's mandate with MTY has seen the steady addition of other MTY brands into his trust, most notably the Country Style, Extreme Pita and Timothy's World Coffee concepts. Prior to joining MTY, Jason held various senior positions with Imvescor Restaurant Group and Da Giovanni Restaurant Group.

Renée has 15 years experience as a Chartered Professional Accountant and joined MTY in 2012 as Controller. Prior to MTY, Renee worked for Bell Canada as associate director in corporate finance and Raymond Chabot Grant Thornton as an auditor.