Franchise Update Magazine Issue II, 2012 | Page 13

CEO profile: Rallying for Growth Checkers embarks on aggressive expansion R ick Silva developed a passion and understanding for business early in life. The son of Cuban immigrants, he watched his mom and dad start their own small business from scratch in Miami. He learned about customers, competition, inventory, procedures and processes. Most of all, he learned about hard work and dedication. “Watching my parents run that business taught me a real passion for operating a business and being successful,” says the 46-year-old Silva—key charName: Rick Silva Title: CEO, President Company: Checkers Drive-In Restaurants Brands: Checkers and Rally’s Units: More than 800 Age: 46 Family: Wife Lisa (20 years), children Michael, 18, and Jessica, 16 Years in franchising: 18 Years in current position: 5 acteristics that are aiding his tenure as president and CEO of Checkers Drive-In Restaurants, which includes more than 800 Checkers and Rally’s restaurants in the U.S. Silva has been at the helm of Checkers since early 2007. That’s when he was lured away from his management position at Burger King by the leadership style and philosophies of the private equity group that had just purchased Checkers. “I liked the way they operated and the vision they had,” he says. “They were interested in processes and procedures and measured results, but also in the people and products that it took to achieve goals and be successful.” His 13 years at Burger King taught him a lot about succeeding in franchising. He had served as president of Burger King’s Latin America region, and as senior vice president, U.S. company operations, where he oversaw more than 600 company restaurants. During his final years with Burger King, as senior vice president, franchise operations, he oversaw more than 3,300 franchise restaurants. Silva hit the ground running at Checkers and hasn’t looked back. He says one of the organization’s core values under his leadership has been: “Have the courage to be bold and grow.” He and his team work hard to live up to that standard every day. When he arrived at Checkers, Silva evaluated his management team and decided to bring in some new executives because, as he says, “The number-one key to success is a great management team.” Another characteristic of his leadership style is setting high standards. He says people can achieve more than they think they can. He is not afraid to set lofty goals because he believes that challenges individuals to do whatever necessary—even change their entire approach—to reach those goals. During the past five years, Silva has implemented new systems and processes that have increased system efficiencies, enhanced the menu, and driven growth at Checkers. Under his leadership, the brand has doubled its late-night business from 10 to 20 percent of sales; added wings and desserts to their burger-driven menu; and developed multiple building formats to allow franchisees to open new restaurants in new trade areas with less investment and higher returns. And, says Silva, the brand’s guest satisfaction scores have increased every year since he arrived and are at an all-time high. Checkers is now on the edge of significant expansion. At just over 800 locations, the brand is aggressively looking for new operators and fast growth in many major markets across the country. “The big chains are already saturated in most of these cities, but we’re just getting started,” he says. “The time is right because our customers tell us they love our food but need locations closer to them.” And just how many Checkers locations would Silva like to see down the road? “Three thousand,” he says. After all, as he also says, “Have the courage to be bold and grow.” Grow Market Lead By Kerry Pipes Leadership What is your role as CEO? To focus on providing the vision and strategic direction for our growth. Describe your leadership style: I’m a strong leader with very open and direct communication. How do you transmit your culture from your office to front-line employees? It starts with the corporate values we adopted and live by every day and Franchiseupdate I ssue I I , 2012  11