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Wingstop to open 50 Russia locations
Richardson, Texas -- Chain restaurant Wingstop announced Tuesday it has executed a master development deal that will facilitate about 50 unit openings in Russia, the first opening in Moscow.
The chicken wing purveyor -- with more than 530 locations throughout the U.S. and Mexico -- signed a master development agreement with Baxtor Limited for 50 Wingstop restaurants to be opened throughout Russia over the next 10 years.
The first location is expected to open in Moscow by the end of 2013. -
IBM exec Lautenbach joins Pitney Bowes as CEO
STAMFORD, Conn. — Pitney Bowes has appointed Marc B. Lautenbach as its new president and CEO, effective immediately. Lautenbach succeeds Murray D. Martin, who is retiring as the company’s chairman, president and CEO and has resigned from the company’s board of directors.
Martin will continue to work with Lautenbach, who has nearly 30 years of experience in the technology and business services industry in senior leadership positions at IBM, on an effective transition.