According to a statement released on Tuesday by chairman Patrick Doyle, "the Board of Directors has worked with management over
the past many years to establish a thorough succession plan for key positions, so this is a logical transition for Josh to lead our next chapter of growth."
Cil will continue working for the company as an advisor for a year to aid in the transition.
The company is currently working to grow and revitalize some of its important restaurants when the leadership changes. Burger King,
Tim Hortons, Popeyes, and most recently Firehouse Subs are among the franchises housed by Restaurant Brands.
Based on the average of Refinitiv's collected analyst projections for the fourth quarter,