George Fougeron named President of Business Development; Joel Davis named VP of Operations
TAMPA, Fla. (July 30, 2014) – Revenue Management Solutions (RMS), the industry-acknowledged expert in providing item-level price recommendations to the restaurant and retail industries, has announced two key leadership appointments.
• George Fougeron has been named President of Business Development. Joining RMS in 2009, he most recently served as President of North American Operations with oversight of client relations and operations for key accounts, leveraging his experience in the quick-service, fast-casual, fine dining, hospitality and leisure segments of the restaurant and hospitality industry. In his new role, he will lead initiatives to drive strategic growth of the company and continue to build long-term value for clients’ brands.
Prior to joining RMS, Fougeron served for 28 years in senior management positions within International Dairy Queen (IDQ), including operations, marketing, franchise development, revenue management, financial management and franchisee relations. He also spent six years as an IDQ Master Franchisee. Fougeron graduated from the University of Minnesota, Morris, with a bachelor’s degree in economics.
• Joel Davis has joined RMS as Vice President of Operations, where he will help drive growth by developing strategic plans and designing advanced operational systems to help the company further excel in hospitality and retail pricing strategies.
Prior to joining RMS, Davis spent 13 years in key operational leadership roles at Royal Caribbean Cruises, Ltd., a company with $7.5 billion in annual revenues and 60,000 employees globally. Davis led the largest team within Global Tour Operations, the third-largest onboard revenue center at Royal Caribbean. Within this team, he also started the price optimization group for shore excursions, an additional revenue driver for the company and a first of its kind in the industry. Davis earned a Bachelor of Science in Business Administration from Excelsior College, in Albany, N.Y., and a Master of Business Administration from the University of Florida.
“George’s experience and leadership have been instrumental to the company’s growth, bringing special insight in developing unique, win-win solutions for our clients,” said Tom Kelly, Chairman and CEO of RMS. “Meanwhile, Joel has already made a significant impact with his deep understanding of operations and systems development. Both will help drive our continued efforts to provide the best data-driven pricing and business solutions for our clients.”
RMS, based in Tampa, Fla., is a leading econometrics and international consulting firm specializing in quantitative data modeling and strategic pricing advice in the restaurant and retail industries. Since 1994, RMS has been successfully providing solutions to clients to increase profit and enhance brand value. RMS assists 40 major brands in 39 countries, with its patented processes of revenue management used in over 42,000 locations globally.