la Madeleine, Inc. announces management change
DALLAS, 10/15/2004
– La Madeleine, Inc. announced today that Wally Doolin, CEO of la Madeleine will be leaving the company effective November 1, 2004 to accept the chairman and CEO appointments with Buca, Inc. Wally Doolin was appointed CEO of la Madeleine in March, 2002 and is largely responsible for developing the company’s new strategic plan for growth including the recent opening of its newest unit since 1998 “It is with mixed emotions that I leave la Madeleine. It is a great brand with great people. I am confident that the business is well positioned for growth and I will remain as both an investor and board member of the company,” stated Doolin. “Wally has made significant contributions to la Madeleine. Under Wally’s leadership, this exceptional brand has been repositioned for growth. He assembled a strong, experienced management team that I have confidence will take the company into the future. We wish him much success in his new role,” said Jean-Roch Vachon, chairman of la Madeleine. Jean-Roch Vachon, chairman will assume the role of interim CEO while a search is initiated for Doolin’s successor. Vachon has held chairman and CEO roles in various retail and foodservice industries since 1982. He is also a shareholder in the company.
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