Staffing

Marco's Pizza promotes former COO Libardi to co-CEO

Marco's Tony Libardi has been named co-CEO. (File)

January 13, 2021

Toledo, Ohio-based pizza chain, Marco's, has promoted its president and COO, Tony Libardi, to co-CEO and president. In preparation for a long-term transition of leadership, Libardi joins forces with chairman and now Co-CEO Jack Butorac. The pair will work together to lead and grow the rapidly expanding brand, the company said in a news release.

Libardi joined Marco's from Burger King in 2014 and has 30-years' experience in restaurant operations.

He is credited with putting Marco's in a position to accelerate growth by moving to a single POS, instituting operational standards, launching the brand's first national advertising program and strengthening its digital sales via enhanced online ordering, a mobile app and embracing third-party delivery services.

"To say Tony is deserving of this promotion would be an understatement," Butorac said in the release. "Under Tony's leadership, Marco's evolved into a performance-driven culture that revolves around putting 'People First.'

"Marco's has doubled in size with a tremendous group of franchise partners. We are very proud of the dedication, commitment and the overall impact he's had on this brand. I'm confident Tony will be a driving force behind the continued success of Marco's as we head into a new era as a 1,000-plus unit national brand."

Opening a store every three and a half days on average, the Top 50% of its franchised stores generated $918,047 AUV for 2019, according to the release.

The chain spreads across 34 states, Puerto Rico and the Bahamas.