Dive Summary:
- The parent company of TCBY Yogurt and Mrs. Fields Cookies, Famous Brands International, has appointed a new CFO in Michael Chao.
- Chao previously served as executive of Vail Resorts, Inc. He will begin tenure as CFO for Famous Brands International effectively immediately.
- “From his time at Vail Resorts, where he led the finance, a treasury and investor relations activity of the company, Michael has demonstrated both his management strength and financial acumen.”
From the article:
During his seven year tenure at Vail Resorts, Mr. Chao has helped the company manage through significant growth, substantial capital investments, expansion into new businesses and several key acquisitions. "I am thrilled to be joining Neal and the rest of the strong Famous Brands team at such an exciting time in the Company's history," said Mr. Chao.