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Press Center

T. TODD SCHWENDENMANN

T. Todd Schwendenmann was appointed Executive Vice President and Chief Financial Officer of Friendly’s Ice Cream, LLC in October, 2014 and Executive Vice President and Chief Financial Officer of Friendly’s Restaurants and Johnny Rockets Brands in July, 2016. A seasoned financial executive, Schwendenmann is responsible for overall financial management of both companies including multiple corporate functions inclusive of Accounting, Financial Planning & Analysis, Purchasing, Risk and Treasury and Asset Management. Before joining Friendly’s, Schwendenmann administered the treasury functions for Baystate Health Systems, Inc. the second largest health system in New England. Prior to that, he worked for BayBanks, Inc. once the largest retail banking institution in New England. There he was Assistant Vice President Business Development. Schwendenmann joined Friendly’s Ice Cream, LLC in 1998 as Assistant Treasurer, Finance. He has held a variety of financial positions with increasing responsibilities including President, Restaurant Insurance Corporation (2000-2007), Friendly’s self-insuring entity, Assistant Treasurer, Finance and Insurance (1999-2006), was appointed Treasurer in 2006 and Executive Vice President, CFO in October 2014. Over the years, Schwendenmann has become a distinguished and trusted advisor. He is a leader with strong analytical skills, extensive experience in asset financing, corporate debt administration & restructuring, G&A cost containment, working capital efficiency, self-insured casualty, health care & disability benefits and compensation and brand risk management. In July, 2016 Schwendenmann was appointed Executive Vice President and Chief Financial Officer of the Johnny Rockets brands. The combined Friendly’s and Johnny Rockets brands have annual sales of $760 million and 635 locations. Schwendenmann earned his BA, Economics from the University of New Hampshire in Durham, New Hampshire, where he graduated Cum Laude. He resides in Wilbraham, Massachusetts with his wife, Heidi and has two adult sons. He is an avid New England sports fan and is involved in his hometown community.