Marc Chastain / Rib Crib BBQ

Marc Chastain graduated from the University of Oklahoma with a bachelor’s degree in accounting in 1983 and later earned his designation as a Certified Public Accountant. After several years in public accounting he joined The Rib Crib BBQ, Inc. in 1997 as its controller. Over the next 5 years he played and increasingly integral role in the growth and strategic plans of the company and was promoted to Chief Financial Officer. In 2000 the company began considering franchising as an expansion strategy and Chastain played a pivotal role in launching Rib Crib’s franchising efforts. In order to allow him to lead the company’s franchise development efforts the areas of accounting and finance were enhanced with additional key positions and Chastain was selected for the dual role of CFO and vice president of franchising. The company was ultimately successful at securing and developing 26 franchised and/or joint venture locations. From 2000 through 2011 Chastain was essentially involved in all aspects of the company’s day-to-day and strategic planning functions. In September 2011, he was promoted to the position of president and has since lead day-to-day operations and strategic planning for the brand.

 

During his 22 years with the company Chastain has launched and directed franchising; managed lender relationships and structured all debt transactions; selected and structured real estate transactions; implemented industry best practices across many functional areas of the company; established cost management practices that consistently lead to profitability metrics in-line with top quartile companies in the industry; and consistently served as the primary spokesperson for the company to the industry, the company’s key strategic partners and its franchisees while demonstrating a thorough understanding of general and industry best practices and using that expertise to effectively articulate the company mission.

 

Matt Hulse / Premier Advisors Group
(Co-Host)

Marty Williams/ Provident CPA & Business Advisors
(Co-Host)

Marc Chastain / Rib Crib BBQ
(Guest)

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