Carrols Restaurant Group, Inc. announced that its Board of Directors has named Paulo Pena as the Company's new Chief Executive Officer, effective April 1, 2022. Mr. Pena succeeds Daniel T. Accordino, 71, who, as previously announced, will retire at that time from his role as Chairman, Chief Executive Officer and President after a 50-year career with the Company. Paulo Pena brings to Carrols over 20 years of operations and finance experience in the hospitality, quick service restaurant and beverage industries.

Mr. Pena currently serves as Chief Operating Officer of Selina, one of the world's fastest growing hospitality brands, where he was responsible for overall hotel operations for the company's portfolio of over 95 properties.