Shepherd has almost 30 years of financial and accounting experience.

Other private equity firms could make a higher offer, according to The Wall Street Journal. 

Douglas Fry to succeed Trevor Haynes.

The company’s positive sales have broken brand records.

Signs largest master franchise agreement in its history.

North America sales also post strong gains.

QSR chain seeks to accelerate North America growth strategy.

Starbucks tops list for seventh straight year.

Business may be valued at more than $10 billion.

Growth comes from new products, digital sales and non-traditional channels.