Four-decade hospitality veteran to lead growth strategy for Huddle House and Perkins American Food Co. parent company

Ascent Hospitality Management, the parent company of restaurant brands Huddle House and Perkins American Food Co., has appointed Paul Damico as chief executive officer, effective immediately. The appointment positions the company for its next phase of growth and modernization under the leadership of a seasoned industry executive.

Damico brings over four decades of extensive food and beverage experience within the hospitality industry, with particular expertise in overseeing multi-brand operations. His appointment comes as Ascent seeks to build on its established foundation while exploring strategic expansion opportunities.

Strategic Leadership Vision

As CEO, Damico will spearhead Ascent's growth strategy, focusing on modernization initiatives while maintaining the company's core mission of bringing people together around great food and supporting franchisee success. His mandate includes exploring opportunities to expand Ascent's portfolio through strategic acquisitions of additional brands that align with the company's growth strategy, vision, and values.

The appointment reflects Ascent's commitment to leveraging experienced leadership to navigate the evolving restaurant industry landscape and capitalize on emerging market opportunities.

Proven Track Record in Multi-Brand Operations

Damico's extensive background includes a distinguished career marked by significant achievements in operational efficiency, guest satisfaction, and profitability enhancement. He has demonstrated a proven track record of driving growth with some of the industry's most recognized brands.

Prior to joining Ascent, Damico served as chief executive officer at several prominent restaurant companies, including Fuzzy's Taco Shop, Global Franchise Group, and Naf Naf Middle Eastern Grill. His experience also encompasses multiple senior leadership positions at Focus Brands, Inc. (now GoTo Foods), where he honed his expertise in franchise operations and brand development.

Portfolio Strength and Market Position

Under Damico's leadership, Ascent Hospitality Management will continue to operate its portfolio of nearly 600 locations across the United States and Canada. The company's brands, Huddle House and Perkins American Food Co., represent established names in the casual dining and family restaurant segments.

Huddle House, known for its 24-hour comfort food offerings, and Perkins American Food Co., recognized for its family-friendly dining experience, provide Ascent with a diversified portfolio serving different market segments while maintaining complementary operational synergies.

Industry Context and Growth Opportunities

Damico's appointment comes at a pivotal time for the restaurant industry, as operators navigate post-pandemic recovery, evolving consumer preferences, and technological advancement opportunities. His multi-brand operational expertise positions Ascent to capitalize on industry consolidation trends and franchise growth opportunities.

The focus on potential acquisitions suggests Ascent's strategic intent to expand beyond its current two-brand portfolio, leveraging Damico's experience in integrating and optimizing multiple restaurant concepts under unified operational frameworks.

Franchise Development Focus

With nearly 600 locations already established, Ascent's emphasis on supporting franchisee success under Damico's leadership indicates a commitment to sustainable growth through strong franchise relationships. His experience with franchise operations across multiple brands provides valuable insight into balancing corporate growth objectives with franchisee profitability and satisfaction.

The company's dual-brand approach allows for operational efficiencies while serving diverse market segments, positioning Ascent for continued expansion in both existing and new markets.