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Liz Williams, the company's current chief financial officer, will replace her.
"Everyone at Taco Bell has been positively impacted by the contributions of Melissa Lora over the last 30 years. I have had the privilege of working with many talented people, and Melissa is one of the brightest and most thoughtful leaders in the business," Taco Bell Corp. CEO Brian Niccol said in a press release.
“Her accomplishments have made an enduring impact on our people, culture and business, and have paved the path for us to continue opening new restaurants
around the world, pursuing our path to more than 9,000 restaurants by 2022."
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Taco Bell serves more than 42 million customers weekly in 7,000 restaurants in the United States.
Internationally, the chain has more than 250 restaurants. It plans to open 2,000 more more within the decade.
Lora worked her way up the Taco Bell chain of command after joining the company’s as an analyst in development in 1987.
She was named president of international in 2013. The role was created when Taco Bell took over international expansion from parent company Yum Brand.
According to a press release, Taco Bell International “achieved record new restaurant openings, entering five new countries with growth-minded franchise partners.”
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Taco Bell had this to say about Williams, the new international president:
Williams is currently chief financial officer, and under her leadership, the company has been delivering strong returns, best-in-class margins and financial performance that has taken Taco Bell's restaurant growth to a 20-year high.
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