Chief executive Matt Kenny has laid out plans to grow the Mexican fast food chain in Australia and around the world – but it faces stiff competition and staffing challenges.
The head office of Zambrero is situated in the buzzy precinct of Circular Quay, overlooking Sydney’s Harbour Bridge.
“Truly becoming a global brand is probably the thing that I’m excited about most,” Kenny said in his first major interview as CEO. “Even in uncertain times, what many would describe as difficult economic conditions, we still have an appetite for growth.”Zambrero was founded in 2005 by serial entrepreneur and philanthropist Dr Sam Prince as a medical student with $16,000 in savings.
Although Kenny is at the helm, founder Prince remains very involved in the business; the Mexican food chain’s overall strategic vision and direction is set by Prince and then executed by Kenny. New Zambrero products don’t get sign-off without the approval of Prince, whose philanthropic focus remains at the core of the business: for every burrito or bowl Zambrero sells, it donates a meal. In early August, the chain celebrated a key milestone of 70 million donated meals.
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