Trojan Steps Down as CEO of GC
On Monday (October 29) of this week, it was announced that Guitar Center CEO, Gregory Trojan, will become president of BJ’s Restaurants Inc. in December and will replace Jerry Deitchle as chief executive early next year.
Trojan will first join BJ’s as president and as a director on Dec. 3. For roughty the past five years he served chief executive of Guitar Center, and prior to that served as chief executive of House of Blues Entertainment Inc. A former PepsiCo executive, Trojan also served as chief executive of California Pizza Kitchen for two years while it was owned by PepsiCo. Since March 2010, he has been a director of Domino’s Pizza Inc.
Guitar Center Holdings, Inc. has a reported total annual revenue in excess of $2 billion. Guitar Center currently operates 232 Guitar Center stores in 43 states and 109 Music & Arts stores in 22 states. Trojan initially joined Guitar Center as president and COO and became its CEO in November 2010.
In an internal memo, Trojan explained that he took the post at BJ’s in order to fulfill a goal of heading a public company. He noted that, “although it is likely that GC will be public again, it is probably a couple of years away… The future of [GC] truly has never been brighter.”