Tim Hortons parent Restaurant Brands names new CEO, falls short on profit

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Tim Hortons parent Restaurant Brands names new CEO, falls short on profit
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Tim Hortons owner Restaurant Brands International named chief operating officer Joshua Kobza as CEO. Find out more

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Kobza, who will take charge on March 1, became the COO in 2019 after serving as Restaurant Brands’ finance chief between 2013 and 2018.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.

Kobza will replace Jose Cil, who has been at the helm since 2019. Cil will remain with Restaurant Brands for a year as an adviser and will assist in the transition, the company said. Separately, the company edged past Wall Street estimates for quarterly revenue, boosted by strong demand at three of its main restaurant chains.

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