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Josh Kobza

CEO of Restaurant Brands International · Restaurant Brands International

Runs the parent of Burger King, Tim Hortons, Popeyes, and Firehouse Subs — 30,000+ restaurants in 100+ countries with a $900 million Burger King turnaround underway.

Josh Kobza serves as CEO of Restaurant Brands International (RBI), the parent company of four iconic quick-service restaurant brands: Burger King (the #2 global hamburger chain), Tim Hortons (Canada's dominant coffee and donut chain), Popeyes Louisiana Kitchen (the fastest-growing chicken QSR), and Firehouse Subs (premium hot subs). RBI operates over 30,000 restaurants across 100+ countries, primarily through a franchise model. The most critical initiative is the "Reclaim the Flame" turnaround plan for Burger King U.S. — a $900 million investment to modernize restaurants, improve operations, and revamp the menu. Tim Hortons, the Canadian coffee institution, faces intensifying competition from McDonald's McCafé but maintains dominant market share through its loyal customer base and Drive Thru network. Popeyes has emerged as the growth star, with its viral chicken sandwich success driving international expansion. RBI was created by 3G Capital through the 2014 merger of Burger King and Tim Hortons. The franchise-heavy model generates high-margin royalty revenue. This TSX listing provides Canadian investors direct exposure to the Tim Hortons parent company. Key stock drivers include comparable sales growth at each brand, Burger King U.S. turnaround progress, Tim Hortons competitive position, Popeyes international expansion, net restaurant growth, and CAD/USD dynamics for the TSX-listed shares.

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