Sally J. Smith

Last updated
Sally J. Smith
Born
Sioux Falls, South Dakota
EducationUniversity of North Dakota
(Bachelor of Science in Business Administration and Accounting)
OccupationFormer President and CEO
Children2

Sally J. Smith (born c. 1958) [1] is president and former chief executive officer of Buffalo Wild Wings, Inc. [2] [1]

Contents

Biography

Sally Smith was born in Sioux Falls, South Dakota. She graduated from the University of North Dakota in 1979, earning a Bachelor of Science in business administration and accounting. [3] [4]

Smith has experience with KPMG Peat Marwick. She spent 11 years at Dahlberg, Inc. with her last post as chief financial officer.

Smith was hired by Buffalo Wild Wings in 1994 as the chief financial officer and was promoted to president and CEO in 1996, when the chain had about 70 locations. [1] Under Smith's leadership, the chain restaurant expanded from 35 locations in 1994 to 1175 as of February 2016. [1] In April 2017, Marcato Capital Management, which had acquired a stake in Buffalo Wild Wings the prior year, called on Smith to resign, citing concerns with the restaurant chain's sales and stock performance. [5] In June 2017, Marcato Capital Management announced that Buffalo Wild Wing's shareholders had elected three of its activist investor's nominees to the company's board, including Mick McGuire, Marcato's founder and managing partner. The company announced that Smith would step down at the end of 2017. [6] However, earlier in 2017, Smith had already began negotiations of a potential sale of Buffalo Wild Wings to Roark Capital Group, an Atlanta-based private equity firm, and parent of Arby's Restaurant Group. [7] Smith stayed in her role as CEO through February 2018, overseeing the completion of the sale of Buffalo Wild Wings to Roark, as a strategic acquisition by Roark's Arby's Restaurant Group. Roark Capital agreed to buy Buffalo Wild Wings for about $2.9 billion. [8]

Smith also served as chair of the National Restaurant Association. In 2016, Smith was awarded the TDn2K Workplace Legacy Award, which recognizes leaders in the restaurant industry who have demonstrated success in balancing superior people practices and best-in-class operational results. [9] [1]

Smith is the daughter of Dick Wold, who was the leader of First National Bank of Grand Forks, which is now Alerus Financial. [10]

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References

  1. 1 2 3 4 5 (31 July 2011). Sally Smith's (chicken) wings are soaring, USA Today
  2. ↑ Koteff, Ellen (October 2012). Sally Smith Riding High At Buffalo Wild Wings, FSR Magazine
  3. ↑ "Inside Augsburg". inside.augsburg.edu. Retrieved 2020-07-06.
  4. ↑ Koteff, October 2012 Ellen. "Sally Smith Riding High At Buffalo Wild Wings". FSR magazine. Retrieved 2020-07-06.
  5. ↑ Kell, John. "Activist Investor Calls for Buffalo Wild Wings to Oust Its CEO". Fortune. Fortune. Retrieved 9 May 2019.
  6. ↑ Taylor, Kate. "Buffalo Wild Wings' CEO is leaving the struggling chain after an activist investor triumphed in a monthslong battle for the board". Business Insider. Business Insider. Retrieved 9 May 2019.
  7. ↑ Klein, Danny. "Buffalo Wild Wings CEO Sally Smith is Leaving on Her Own Terms". Food Newsfeed. FSR Magazine.
  8. ↑ Hanbury, Mary. "Arby's and Buffalo Wild Wings are joining forces to create a fast-food empire — here's what could change". Business Insider. Business Insider. Retrieved 9 May 2019.
  9. ↑ "2016 [https://tdn2k.com/ TDn2K][https://tdn2k.com/uncategorized/2016-tdn2k-workplace-legacy-award-to-honor-buffalo-wild-wings-ceo-sally-smith-celebrating-commitment-to-balancing-people-and-profits/ Workplace Legacy Award] to Honor Buffalo Wild Wings' CEO Sally Smith" . Retrieved 2018-01-12.{{cite web}}: External link in |title= (help)
  10. ↑ (19 September 2014). Sally Smith - For Board Service To Alerus Financial And Buffalo Wild Wings, Twin Cities Business


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