Scott Davis leaves Noodles & Company to join Tatte Bakery & Café

Company Overview - Scott Davis has left Noodles & Company after 16 months as chief concept officer to join Tatte Bakery & Cafe as senior vice president of menu innovation [1][2] - Noodles & Company is currently evaluating its long-term strategic direction following Davis's departure [3] Leadership Changes - Drew Madsen, who was appointed as permanent CEO in March, left Noodles & Company at the end of August for personal health reasons [4] - Joseph Christina, former CEO of Tijuana Flats, has taken over as the new CEO [4] Operational Improvements - Noodles & Company has been working on improving operations through technology upgrades, including digital menu boards and enhanced training [5] - A new menu was rolled out in March, which has been adjusted to address consumer price sensitivity, introducing a "Delicious Duos" combo meal starting at $9.95 [5] Financial Strategy - The company has hired Piper Sandler to explore "strategic alternatives" to maximize shareholder value, including the potential sale of the company [6] - Noodles & Company is at risk of delisting from Nasdaq due to a low share price of less than $1, which is out of compliance with exchange rules [6] - The company has considered a reverse stock split to regain compliance with Nasdaq [7]