Papa Gino's Holdings Corporation Strengthens Finance Department

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Lori Whelan Joins Papa Gino's and D'Angelo as Executive Vice President of Finance and Strategic Planning, While Several Tenured Employees Receive Promotions

We are confident that Lori, together with Andrew, Leanna and Tom, will continue to manage our company's finances and help us grow the company.

Papa Gino's Holdings Corporation, parent company to Papa Gino's and D'Angelo, enhanced its finance department with the appointment of Lori Whelan to Executive Vice President of Finance and Strategic Planning. The company also promoted Andrew Almquist to Senior Vice President of Finance; Leanna Mazzarini to Vice President of Financial Planning, and Tom Brussard to Manager of Financial Planning and Analysis.

As Executive Vice President of Finance and Strategic Planning, Ms. Whelan will oversee both Papa Gino's and D'Angelo's Finance Department and will lead the companies' strategic business initiatives. Ms. Whelan joins the company from Bain & Company and brings more than 10 years experience in financial and business strategy success to the organization. At Bain, she was a manager in the Private Equity Practice. Prior to Bain & Company, Ms. Whelan worked for the Holmes Group and Berkshire Partners LLC. She earned her Master in Business Administration from Harvard Business School and graduated with distinction. She received a Bachelor of Science in Economics, magna cum laude, from The Wharton School (University of Pennsylvania). Ms. Whelan resides in the Back Bay with her family.

"We are thrilled to add Lori to our executive management team and value her extensive financial experience and leadership," said Thomas Galligan, CEO of Papa Gino's Holdings Corp. "We are confident that Lori, together with Andrew, Leanna and Tom, will continue to manage our company's finances and help us grow the company."

In his role as Senior Vice President of Finance, Mr. Almquist will take on additional finance responsibilities and build upon his success as Papa Gino's and D'Angelo's Vice President of Finance and Controller. Mr. Almquist will oversee all accounting, finance and risk management responsibilities for the two companies. He has led the controller's function superbly for the past seven years and has been instrumental in building a successful, professional Finance Team. Prior to joining Papa Gino's and D'Angelo, Mr. Almquist gained valuable finance knowledge serving as vice president for Rojacks Food Stores and senior manager of accounting for Star Markets. He obtained a bachelors of science from Babson College and is a certified management accountant. Mr. Almquist resides in Natick with his family.

Ms. Mazzarini will continue to oversee and improve Papa Gino's and D'Angelo's processes and analysis. Her new responsibilities will include planning and analysis, forecasting and ad hoc analysis to assist Papa Gino's and D'Angelo's management to make informed business decisions. She has spent the last seven years with the company providing timely and valuable business analysis and strategy. She holds a bachelors degree in accounting from Bentley College and an MBA from Bentley College. Prior to joining Papa Gino's and D'Angelo, Ms. Mazzarini was Director of Financial Reporting and Analysis at Hoyts Cinemas and CFO at Priscilla of Boston. She resides in Wakefield with her husband.

Mr. Brussard will serve as Manager of Financial Planning and Analysis after serving two years as Papa Gino's Holdings Corp.'s Senior Financial Analyst. In his new role he will provide timely and valuable business analysis and manage the monthly forecasting process. Prior to joining Papa Gino's and D'Angelo, Mr. Brussard served as Controller at Jets.com and as a Tax Analyst at KPMG LLP. He earned his Master in Business Administration from Bryant University and his Bachelor of Science from Babson College. Mr. Brussard resides in Easton with his wife.

Papa Gino's Holdings Corp.

Based in Dedham, Massachusetts, Papa Gino's Holdings Corporation is the parent company of Papa Gino's and D'Angelo Grilled Sandwiches. Papa Gino's Holdings Corp. operates more than 370 company-owned and franchised Papa Gino's, D'Angelo and dual-location restaurants and employs more than 5,000 people. Both D'Angelo and Papa Gino's are committed to providing high-quality products, attentive service, clean, convenient, attractive restaurants, and a premium value experience for every guest. The company culture, which is characterized by its values, a strong work ethic and the fair treatment of people, includes a large number of people who have spent their entire working lives in these restaurants, keeping the passion for excellence alive. For more information about Papa Gino's Holdings Corp. and its brands, please visit http://www.papaginos.com.

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MARIANNE SABELLA DEMPSEY
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