PRAIRIE DU SAC —Joseph Koss will become the new president and chief executive officer for the Culver Franchising System on Jan. 1. Koss will assume the position formerly held by Phil Keiser, who died from natural causes Oct. 15.
Koss has served as chief financial officer for Culver’s since 2000. He joined the company in 1997 as controller. As CFO, he has overseen the overall financial planning, accounting and control functions including budgeting, tax, treasury and audit activities, according to a press release from the company. He also has led the information systems team and business analysis team for the company.
During his tenure, the Culver’s system has grown from 53 restaurants to nearly 600 in 24 states. Total system-wide sales during this period have increased from $58 million to more than $1.2 billion.
“I’m honored to be given this opportunity,” Koss stated in the release. “We’ve all felt a tremendous loss with the passing of Phil Keiser. But I know Culver’s will continue to stay strong with the roadmap Phil left us that contain our core values and guiding principles.”
Craig Culver, company co-founder, board chair and interim CEO, said Koss has been a leader in his nearly 20 years at Culver’s.
“In addition to his role as CFO and as a member of our senior leadership team he commands a broad breadth of experience and knowledge in all aspects of the organization including strategic planning, operations, training, marketing, supply chain, human resources, development/design and menu management,” Culver stated. “The board of directors has full confidence in Mr. Koss as he leads our organization along with a strong and tenured senior leadership team.”