Quaker Steak & Lube Names John Longstreet President and CEO

Sharon, Pa. - The Quaker Steak & Lube board of directors named John H. Longstreet president and CEO, effective April 1, 2010. He succeeds Ken Cole, who stepped down at the end of February to focus on opening Quaker Steak & Lube franchise restaurants and other business opportunities. Longstreet, a Quaker Steak & Lube board of directors member for six years, is president of Hospitality Leaders Group, LLC, a Texas firm which consults on organizational development, service delivery, food and beverage operations, corporate culture, leadership effectiveness and team development. Previously, Longstreet was executive vice president of operations for Dallas-based ClubCorp. "John will be a great fit for The Lube," said Mike Stack, Quaker Steak & Lube's chairman of the board. "His experience and expertise in running high volume operations - combined with his understanding of our concept - will allow him to maximize Quaker Steak & Lube's growth potential."