Jeff Shepherd named CFO at Subway

Subway announced the appointment of Jeff Shepherd as chief financial officer (CFO). He succeeds Ben Wells, who will retire at the end of the year.

In his new job, Shepherd will oversee Subway’s global finance organization and be responsible for managing and optimizing the brand’s global financial performance and information security.
He will be based at the restaurant chain’s Shelton headquarters and will report directly to CEO John Chidsey.

Most recently, Shepherd served as executive vice president and CFO of Advance Auto Parts. Earlier in his career, he was controller for General Motors Europe and he held several leadership roles with Ernst & Young.

“Jeff has a well-earned reputation for driving strong financial results for global brands, bringing nearly 30 years of financial and accounting experience to our organization,” said Chidsey. “As we welcome Jeff to Subway, we also thank Ben for his significant contributions. Since joining the company in December 2019, Ben has been a key driver of our brand’s global financial stability and strategic growth, contributing to 11 consecutive quarters of positive sales results.”