QSR builds out team in key market

Article Excerpt

RESTAURANT BRANDS INTERNATIONAL, $68.87, is a buy. The company (New York symbol QSR; TSI Rating: Average) (www.rbi.com; Shares outstanding: 478.0 million; Market cap: $31.0 billion; Dividend yield: 3.4%) has appointed Patrick Siewert as its Senior Advisor in the Asia-Pacific region. He served as chief operating officer and group president for Coca-Cola in Asia from 2001 to 2007 and then as managing director for global investment firm Carlyle Group in Asia from 2007 to 2023. Restaurant Brands sees the Asia-Pacific region as one of its largest growth opportunities in the coming years. The company already has more than 4,500 restaurants in Asia. Restaurant Brands is still a buy. buy…