The 46-year-old restaurant executive has been running the show at the publicly traded company since CEO Jim Berk left for Fairfield Communities Inc. in 1999. The Hard Rock position has been unfilled since.

Now Beadrault, the firm's president and chief operating officer, has been formally promoted to CEO status by Hard Rock's parent, London-based Rank Group PLC.

The 1,600-employee Hard Rock firm currently operates 105 restaurants in 38 countries, hotels, live concerts and a music-label recording business. The company's annual report due within weeks is expected to note record revenue for 2000.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.