Anthony Wedo is a highly successful proven leader and executive in the restaurant industry. With more than 25 years of restaurant industry experience, he possesses a unique background in that he has demonstrated success as a Fortune 50 senior executive, a high growth entrepreneur, and a turnaround CEO.
Wedo was appointed as Chief Executive Officer for Buffets, Inc. (now Ovation Brands), the nation’s largest steak-buffet company, in December 2012. Ovation currently operates 340 restaurants in 35 states, comprised of 331 steak-buffet restaurants and nine Tahoe Joe’s Famous Steakhouse restaurants.
Wedo began his career as an entrepreneur prior to joining PepsiCo as part of a new breed of young, entrepreneurial restaurant operators to help the corporate giant create a culture of nimbleness. As one of the first participants in PepsiCo’s Senior Operations Designate program, Wedo was fast tracked and quickly grew to Vice President and General Manager of the Southeast Division of KFC, overseeing more than 1,200 restaurants, 7,000 employees and $1 billion in revenue.
Following his success at PepsiCo, Wedo founded Mid-Atlantic Restaurant Systems, the largest Area Developer and franchisee of Boston Market. As Chairman, President and CEO, he grew the company over a four-year period to 160 restaurants, generating in excess of $250 million in annualized sales. He was named Entrepreneur of the Year and chosen a top 50 Employer in Pennsylvania.
Following the acquisition of Mid-Atlantic Restaurant Systems by Boston Market, Wedo held the position of Chairman, President and CEO of New World Restaurant Group. New World, with approximately 1,000 units and $750 million in system revenues, operated six unique brands, including Einstein Bros., Noah’s and Manhattan Bagel.
During his tenure with Mid-Atlantic Restaurant Systems, Wedo was recognized with national, state and franchisor awards including: Entrepreneur of the Year and twice runner-up, Top Fifty Employers in Pennsylvania and Area Developer of the Year.
Most recently, Wedo has served as CEO of Mainline Capital Advisors, LLC, which provided M&A, turnaround management, advisory and executive management consulting services to debt investors and private equity sponsors in the restaurant industry. He developedLeadership – The 12 Commandments(a guide for and about leadership), and is a highly sought after speaker on the subject of leadership.
Wedo holds an M.B.A. from Cornell University and the Queen’s University of Kingston, Ontario Canada. He has a B.S. from Penn State University. He is also a retired Commissioned Officer in the United States Naval Reserve.