Collins Foods is an KFC franchisee in Australia. Credit: Al.geba via Shutterstock.com.

Collins Foods, a franchisee of KFC and Taco Bell in Australia, has announced the appointment of Kevin Perkins as interim CEO.

The decision has been made as Drew O’Malley, the company’s managing director and CEO, takes a three-month medical absence.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Perkins, who has more than four decades of experience with the company, steps into the role effective immediately.

Currently a non-executive director at Collins Foods, he has a long-standing history with the organisation.

Having retired as CEO in 2014, he has since served on the company’s board. Perkins is also the largest shareholder of Collins Foods, holding 6.16% of the company’s issued capital with 7,241,484 shares.

During his tenure as interim CEO, Perkins will not receive any incentives.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The term of his appointment is set for six months but can be terminated earlier by either party or extended by mutual agreement.

The interim change in leadership is aimed at providing continuity for Collins Foods as it navigates through this period of transition.

In May 2023, Collins Foods concluded the acquisition of eight KFC restaurants in the Netherlands from R Sambo Holding.

Collins Foods Netherlands Operations, a subsidiary of Collins Foods Dutch, executed the transaction.

The deal was first announced in February 2023, with the signing of a share purchase agreement to acquire eight KFC restaurants.

An initial payment of €8m ($8.78m) was made, subject to adjustments for net debt and working capital.

A further payment of €4.6m is linked to two potential earn-out payments based on the restaurant network’s earnings before interest, taxes, depreciation and amortisation up the start of 2026.

Collins Foods managing director and CEO Drew O’Malley stated: “This acquisition is another step forward for Collins Foods’ European growth strategy.

“The eight restaurants we are acquiring in the Netherlands add another quality network of restaurants to our portfolio, as well as enhancing our people capability as we continue to grow and increase our operational scale in the Netherlands.”