Hall of Fame Award Winner
Sidney J. Feltenstein
Past Chairman of the Board
Yorkshire Global Restaurants
This award, IFA’s oldest and most prestigious, is presented to an IFA member, past or present, who exemplifies the optimum in franchising and has contributed significantly to the advancement of franchising and the franchise community.
This year’s Hall of Fame Award winner, Sidney J. Feltenstein, has had a wide ranging career as a traditional corporate executive, a successful entrepreneur and a supporter of non-profit entities. Feltenstein was IFA’s 2004 chairman and chairman of the IFA Educational Foundation (2000-2002). As he took the reins of the foundation, Feltenstein quickly organized a capital campaign and over 15 months, raised more than $2.5 million in donations, pledges and special grants. He was named IFA’s 2000 Entrepreneur of the Year. As a staunch supporter of IFA‘s political action committee, FranPAC, Feltenstein is known as the “Father of FranPAC” and the first Sid Feltenstein FranPAC MVP Award was established in 2012.
With a great track record for rejuvenating brands, Feltenstein led an investment group that bought A&W Restaurants from Detroit real estate magnate Alfred Taubman in 1995. Under his leadership, the chain grew from 450 to nearly 1,000 units in just five years. In 1999, Feltenstein and his investment group purchased Long John Silver’s and formed Yorkshire Global Restaurants, the holding company for A&W Restaurants and Long John Silver’s. Company sales grew five times and its operating profits grew 40 times led by a stunning turnaround in Long John Silver’s sales and profits. He sold this company to YUM! Brands, Inc. in 2002.
After leaving YUM! Brands, Feltenstein founded a new company called Sagittarius Brands and acquired Captain D’s Restaurants and Del Taco Restaurants. Both totaled approximately 1,100 locations and over a billion dollars in revenue. After combining the two companies and installing a management team, Feltenstein pursued other projects.
Feltenstein began his career at the Procter and Gamble Company where he held several brand management positions. He has also spent time with what is now Bozell as an account executive and account supervisor. He then became director of marketing for the Speidel Division of Textron and then vice president of marketing for Candy Corporation of America. Feltenstein joined Dunkin’ Donuts in 1972 and spent 19 years in both operations and marketing, the past 12 as chief marketing officer. In his tenure as head of marketing for Dunkin’ Donuts, the company was a consistent industry leader in same-store sales growth. In 1992, he left Dunkin’ Donuts to become executive vice president of worldwide marketing for the Burger King Corporation and is widely credited for reversing an eight-year decline in customer traffic.
Feltenstein is a graduate and trustee of Boston University and chairman of its Audit Committee. He is a member of the Board of Advisors for Boston University’s School of Hospitality Administration, and was chairman of its board from 1988 to 1991. He is also a trustee of the Performing Arts Foundation of South Florida, a trustee of The Shul of Bal Harbor, and a member of the Board of Directors of The HealthStore Foundation, which uses the business format franchise model to open clinics in Sub-Saharan African villages. Feltenstein also sits on the board of directors of a number of for-profit companies. When not involved in professional pursuits, Feltenstein resides in South Florida with his wife, Lisa. They have three children and two grandchildren. ⎯