Board Members


Mike LorelliMike Lorelli, Executive Chairman

Mike Lorelli’s 30-year career spans a wide range of consumer products, services and B2B categories with responsibilities for both domestic and international units. Mike’s assignments at PepsiCo included CEO of Pizza Hut’s International division where he led a “global or bust” charge resulting in expanding the Company’s presence from 68 to 92 countries surpassing McDonalds in country count, President of Pepsi-Cola East, a $1.5 billion operating company and, CMO for PepsiCo’s beverage sector. He was most recently CEO of WaterJel Technologies and he has led four private equity companies as CEO for Riverside Company, Rutledge Capital and Pouschine Cook Capital Management. Mike is currently a Director of CP Kelco and iControl.

Mike has his MBA from NYU’s Stern School of Business. He holds Masters Accreditations at both the National Association of Corporate Directors and, The American College of Corporate Directors. Mike is also an Operating Partner at Falconhead Capital which acquired Rita’s in 2011.


David MorossDavid Moross

Mr. Moross is Chairman & CEO of Falconhead Capital which he founded in 1998. Mr. Moross has enjoyed a long history as a leader in the consumer, leisure and sports investment world having been an investor and partner for many years with IMG, the world’s premier sports marketing and management company. Together they founded the first private equity sports investment fund, Sports Capital Partners, which was re-branded Falconhead Capital in 2001. Since 1998, Mr. Moross has led over $1 billion of transactions for Falconhead and has been actively involved in acquiring and building many leading growth companies such as ESPN Classic, Europe; Maritime Telecommunications Network, National Power Sport Auctions; ESCORT; Not Your Daughter’s Jeans (NYDJ); Competitor Group and GPSi. Mr. Moross started his career in the investment department of his family office, Whitehall Financial Group, in 1982 and rose to the position of Vice Chairman. At Whitehall he enjoyed a long career as a private equity investor focusing on a broad range of industries including energy, financial services, technology and shipping. Mr. Moross currently serves on numerous civic and charitable boards. Mr. Moross is a Governor and Trustee of the Dana-Farber Institute, a Governor and Trustee of The Weizmann Institute of Science; a director of the Silver Shield Foundation, a member of the Development Board of the University of Texas and on the Board of the Fund for Public Health in New York. In 2008, Mr. Moross was chosen as the Honoree of the Year by the Challenged Athletes Foundation for his philanthropic efforts and most recently has been selected as a recipient of the 2011 Ellis Island Medal of Honor.


Bachelor of Arts (Economics), University of Texas at Austin


Jeff MoodyJeff Moody, President & CEO

Jeff Moody joined the Rita’s team in August 2013 as President & CEO, and brings with him over 30 years of business experience primarily in restaurants. Over his distinguished career, Jeff has worked extensively in both Company and Franchise systems, domestically and globally. He has held leadership roles in multiple leading restaurants such as CEO of MetroMedia Restaurant Group (Bennigan’s, Steak & Ale, Ponderosa, Bonanza), President of KFC U.S., Sr. V.P. Operations PepsiCo Restaurants International, and Division Vice President at Pizza Hut U.S., where he oversaw 2,000 domestic units.

In his most recent restaurant capacity, Jeff was CEO of Subway’s Franchise Advertising Trust, which is a separate $600 million entity responsible for advertising nearly 40,000 Subway restaurants globally.  In this role, Jeff launched the disruptive $5 Footlong program, which in and of itself, is now an over $4 billion brand.

Jeff holds a B.A. in Economics from Amherst College, and an MBA from Northwestern. He’s a big sports fan and enjoys being an empty nester and visiting his kids with his wife.  His favorite Rita’s treat is a Banana Ice and Chocolate Custard Misto.


David GubbayDavid Gubbay

David Gubbay brings to the Falconhead Capital team a wealth of operating experience in both private and public companies, as well as significant deal experience. Mr. Gubbay serves on the boards of Whitehall Financial Group, EXL Service (India) Ltd., and several of Falconhead’s portfolio companies. Between 1982 and 1996, he was employed by Whitehall Financial Group, a privately-held investment firm where he served as Chairman and CEO of Whitehall Insurance Holdings and President of Life Partners Group. Mr. Gubbay was responsible for Whitehall’s investments in a number of companies, including Eagles National Corp., Bradford National, Lamar Life Insurance, and Life Partners Group, which was sold to Conseco Inc in 1996. From 1997 to 1998, David led the corporate development and mergers and acquisitions group of Fortis Inc. He was Chairman of N.H.P Holdings, a Miami-based H.M.O, from 1998 to 2002 which was sold to United Health Group. In 1999, he served as Head of Operations at Norwegian Cruise Lines, where he helped implement the company’s expansion plans and led the shore-side operations. Norwegian was sold in April 2000. In 2000, he acquired and built the business of Digital Seas International, an internet services provider serving the maritime and cruise industry, which was sold in December 2000 to Maritime Telecommunications Networks. He was recruited in 2001 by Gary Wendt to help restructure Conseco, and joined Falconhead in 2002. Mr. Gubbay has been a Fellow of the Institute of Chartered Accountants in England.


jrJim Rudolph

Jim Rudolph acquired the concept in 2005 after recognizing the organization’s tremendous potential. Rudolph, an experienced franchisee turned franchisor, took the helm of the largest Italian Ice concept in the industry and immediately set into place plans to take the company to the next level.


Powers_Bill_jpgWilliam “Bill” Powers Jr.

William “Bill” Powers Jr. has been president of The University of Texas at Austin since 2006. His goal of making UT the best public research university in America has been supported by a sustained emphasis on undergraduate education, including the strengthening of a core curriculum and the inauguration of a School of Undergraduate Studies. In addition to recruiting a diverse student body and faculty, President Powers has taken on the challenge of redefining productivity in higher education and has become a national spokesman articulating the value of the public research university to society.
President Powers joined the University’s law school faculty in 1977 and went on to become dean of the school. During his time as dean, the law school doubled the number of Hispanic students and quadrupled the number of African-American students enrolled.

He received his bachelor’s degree in chemistry from the University of California at Berkeley before joining the U.S. Navy. Following his service, he entered Harvard Law School, where he became managing editor of the Harvard Law Review, and graduated magna cum laude. He taught at the University of Washington Law School before coming to Texas.

Powers has worked as a legal consultant with the U.S. Congress, the Brazilian legislature, and the Texas legislature.

In 2001, he chaired a special investigation committee that examined the financial transactions of Enron Corp. The resulting report, known as The Powers Report, and his subsequent testimony before Congress gained national recognition.


Peter EnglehartPeter Englehart

Peter Englehart became an Operating Partner with Falconhead Capital in 2004. He has had an extensive career in media, television, and event planning and production. Prior to joining Falconhead, Peter was the Founder and President of the Convention & Trade Show Television Network, LLC (CTS-TV), and a business focused on creating television programming for large conventions and trade shows. Prior to founding CTS-TV, he served as a Senior Vice President of Programming & Production for the Outdoor Life Network, where he was responsible for the acquisition and production of the Tour de France and the first-ever TV coverage of an ascent of Mt. Everest, among other programming. In 1988, Mr. Englehart joined ESPN, where he was Director of Program Planning for six years. In that role, he was responsible for the planning, scheduling, and formatting of all programming on ESPN and ESPN2. At ESPN, Peter won three Emmy Awards for coverage of NASCAR. Mr. Englehart began his career in 1978 at ABC Sports, where he was part of the Emmy Award-winning production team for the Lake Placid, Sarajevo, and Los Angeles Olympic Games. He is currently a board member of Escort and Javo. He previously served as CEO and Executive Chairman of Competitor Group, a leading media and event entertainment company serving the Endurance sports industry including running, cycling and triathlons.

Master of Business Administration: Harvard Graduate School of Business
Bachelor of Science (Journalism): Bowling Green State University


Andy LaszloAndy Laszlo

Mr. Laszlo is currently a Managing Director at SunTrust Robinson Humphrey where he serves as the firm’s Head of Technology, Media & Telecom Equity Capital Markets. Prior to that, Mr. Laszlo was a Managing Director and the Head of Corporate Underwriting and Head of Business Development at Lazard Capital Markets (“LCM”). Prior to LCM, Mr. Laszlo spent two years as internal advisor to Medallion Financial Corp. (Nasdaq: TAXI) and to Sports Properties Acquisition Corp. (AMEX: HMR). Sports Properties Acquisition Corp was a $200 million publicly traded special purpose acquisition company focused on the sports, leisure and entertainment sectors. The company’s principals included the Hon. Jack Kemp, Governor Mario Cuomo and Hall of Famer Hank Aaron. In his advisory capacity, Mr. Laszlo evaluated over 125 potential acquisitions in sectors ranging from professional sports teams, facilities management companies, consumer product companies to talent agencies. For the 11 years prior to that, Mr. Laszlo held various senior equity capital markets positions at Lehman Brothers and Bank of America including Head of Media & Telecom equity capital markets for Bank of America based in New York, NY and Head of Equity Syndicate and Head of Media & Telecom Equity Capital Markets at Lehman Brothers International (Europe) during which time he was based in London, England. In total, Mr. Laszlo has played a role in over $25 billion of equity issuance over the course of his career.

In addition to sitting on this Board, Mr. Laszlo also sits on the Board of RLJ Entertainment (Nasdaq: RLJE), led by Robert L. Johnson, on which he serves as Chairman of the Audit Committee. Finally, he is a member of the Advisory Board of Falconhead Capital Management. Mr. Laszlo was formerly on the Board of Radar Detection Holdings Corp. (Escort Radar), one of Falconhead’s portfolio companies, until the company was sold in late 2013.

Mr. Laszlo began his career as an attorney with Rawle & Henderson, the nation’s oldest law firm which is based in Philadelphia, PA. Mr. Laszlo holds a BS from Duke University, a JD from the University of Notre Dame Law School and an MBA from the Wharton School of the University of Pennsylvania.


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