Current Capital Appoints Doug Benham to its Advisory Board
New York, New York, July 9, 2020 – Current Capital Partners LLC announced that Doug Benham, an experienced senior operating executive and corporate director in the restaurants industry, has joined its Advisory Board.
Doug Benham was President and Chief Executive Officer of Arby’s Restaurant Group, Inc., the tenth largest domestic restaurant company with 3,500 total restaurants, from 2004 to 2006, where he led the revitalization of a 40 year-old, $3 billion quick service concept. During his tenure at Arby’s the company experienced enhanced sales and operational performance, a superior level of franchisor/franchisee relationships and renewed growth. Since April 2006, Mr. Benham has been the president and chief executive officer of DNB Advisors, LLC, a restaurant industry consulting firm, and an active Board Member in the food and restaurant industry.
Mr. Benham was on the Boards of public restaurant operator O’Charley’s Inc. (CHUX) from March 2008 to May 2012 when it was acquired, public drive-thru restaurant chain operator Sonic Corp. (SONC) during the company’s 2009-2014 turnaround, and public restaurant chain operator and food manufacturer Bob Evans Farms, Inc., where he was executive chairman from August 2015 until its acquisition in January 2018. In addition, Mr. Benham has served on the Boards of privately-owned restaurants, including CraftWorks Holdings (Logan’s Roadhouse, Old Chicago, Rock Bottom), Quiznos, WOK Holding (PF Chang’s and Pei Wei), and Border Partners (On the Border Mexican restaurants).
Benham currently serves on the Board of Directors of SEC filing real estate investment company, American Homes 4 Rent (AMH), and previously was a member of the CNL Healthcare Properties ll Board until the assets were acquired in 2020.
Jonathan Foster, Managing Director of Current Capital, said “We are delighted to welcome Doug to our Advisory Board. I have previously served as a director with him at CraftWorks and WOK Holding, and know that our clients will appreciate his informed perspectives on the restaurant sector, an industry that we expect will continue to experience dynamic changes in the near-term and beyond as a result of the Covid-19 environment.”
The addition of Mr. Benham brings the total number of Current Capital’s Advisory Board members to 21. This group includes active and former operating executives of Fortune 500 and smaller companies. Our Advisory Board actively supports our efforts in a number of important ways, including by identifying quality executives, performing due diligence, sourcing new opportunities, and executing projects with our clients and our portfolio companies.
About Current Capital Partners LLC
Current Capital Partners LLC is an independent advisory and merchant banking firm focused primarily on the industrial and services sectors. We provide mergers and acquisitions and restructuring advisory services, corporate management services, and private equity investing. The mergers and acquisitions advisory effort offers high quality financial advisory services – including ideas, buy-side and sell-side execution, strategic and capital structure reviews, restructuring advisory and related services – for corporate and investment firm clients seeking an independent perspective and senior attention. In our management services effort, we manage investments, provide restructuring advice, sit on Boards of Directors and provide related consulting services for other investors and financial institutions; and offer advice and expert witness services in complex corporate litigation. Our private equity investing business helps create value, primarily in lower middle market and smaller companies, with an integrated operating, finance and investment approach. Our Advisory Board and Executive Network are important advantages for our clients. Learn more at www.currentcap.com.
Jonathan F. Foster
Telephone: +1 212 223 0618