Starbucks Coffee Company Veteran Joins Growing Restaurant Chain
MOD Super-Fast Pizza Holdings, LLC yesterday announced the appointment of Josh Guenser as Chief Financial Officer (CFO). Guenser will oversee financial operations, fiscal responsibility, reporting and accounting for all 480+ MOD locations across North America.
Guenser joins MOD after spending the last 10+ years at Starbucks, most recently serving as Senior Vice President, Finance, Americas. In this position, Guenser was responsible for managing the finance and accounting team overseeing the results of 18,000+ owned and licensed Starbucks stores in the United States, Canada and Latin America. For the 2019 fiscal year, Guenser’s team was responsible for reporting on net revenues of over $18.2B for the Starbucks Americas business. During his tenure at Starbucks, he also held vice president and director-level roles in finance – focused on retail operations, global supply chain and reporting. Prior to Starbucks, Guenser was at KPMG for over seven years.
“Josh is a tremendous leader with deep financial expertise in the global multi-unit retail sector. With his extensive experience from Starbucks – a company for which Ally and I hold great fondness and admiration – Josh possesses a deep understanding of complex financial issues across multiple states, countries and continents that will help guide MOD’s strategic vision for the future. On top of that, he has a deep interest in contributing to a company where profit and positive social impact co-exist,” said Scott Svenson, co-founder and CEO of MOD. “This is an unprecedented time in the restaurant industry, and we are confident that Josh will be a major contributor to ensuring that MOD is well-positioned to emerge from this crisis stronger than before.”
“As a Seattleite, I’ve watched MOD’s incredible story over the past 11 years and continue to be impressed by the thoughtful way they’ve approached their growth, along with their steadfast commitment to creating a brand that is rooted in a strong purpose. It’s no easy feat to create a concept, pioneer a new category, and quickly scale a business – all while remaining laser-focused on building a people-first culture. Yet, MOD continues to break the mold, and lead the way in the restaurant industry,” said Guenser. “As a true fan, I couldn’t be more excited to join the MOD team and to contribute to the next chapter of this amazing journey.”
Guenser holds both a bachelor’s and master’s degree from the University of Washington and resides in greater Seattle with his family.
MOD Pizza is a pioneer in fast casual pizza, with 480+ locations throughout North America and has been named the fastest growing restaurant chain in America for four years running. The Company reported 2019 system-wide sales of $493 million, a year-over-year increase of 24% and company net revenue of $393 million, up 26% over 2018. In 2019, MOD raised $160 million in equity financing, bringing total funding to date to over $339 million.