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Bojangles’ CEO Randy Kibler to retire

Charlotte-based Bojangles’ Restaurants CEO Randy Kibler will retire when a replacement for him is found, the company said Thursday.

Bojangles’ said no other executive changes are currently planned.

“It is difficult to retire from an organization with so much momentum, and blessed with such fine people,” said Kibler, 59, in a statement.

Kibler was brought on to run Bojangles’ by Panthers owner Jerry Richardson. He had previously worked for Richardson at the Hardee’s restaurant chain.

Richardson was part of an investment group led by former Bank of America CEO Hugh McColl’s Falfurrias Capital Partners that purchased Bojangle’s in 2007. Falfurrias sold its stake to Boston-based private equity fund Advent International for an undisclosed price.

Spencer Stuart, an executive search firm, has been hired to lead the CEO search, Bojangles’ said.

Kibler oversaw a period of growth for Bojangles’, with the company adding new restaurants to bring its total store count to more than 550.

Portillo: 704-358-5041 On Twitter @ESPortillo
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