Leadership

Swig's CEO is leaving the company

No reason was given for the departure of Rian McCartan. Alex Dunn, managing partner of the beverage chain’s owner The Larry Miller Co., was named interim CEO.
Swig
Dirty soda chain Swig is looking for a new CEO. | Photo courtesy of Swig.

Swig is looking for a new CEO, after the departure this week of Rian McCartan.

The growing Utah-based beverage chain said in an email that McCartan, named chief executive just two years ago, has left the company. No reason was given for McCartan’s departure.

A representative for the company said that Alex Dunn, managing partner with The Larry Miller Co., would serve as CEO on an interim basis while a successor is found. Swig said it was conducting a national search for McCartan’s replacement.

Swig was founded in 2010 by Nicole Tanner. It serves “dirty soda” in a drive-thru-only format, meaning customers can mix fountain drinks with various syrups, creams and toppings. The beverages are served over pebble ice.

McCartan was brought on as chief executive in 2022. He succeeded Tanner, essentially becoming the brand’s first professional CEO.

Swig was sold to The Larry Miller Co., the former owner of the NBA’s Utah Jazz, later that year. The Savory Fund, a Utah-based investment firm, holds a significant minority stake in the brand.

Swig is part of a generation of fast-growing, drive-thru beverage chains. The brand has grown rapidly in recent years through franchising and operates 64 locations in seven states.

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Financing

How Popeyes changed the chicken business

How did a once-struggling, regional bone-in chicken chain overtake KFC, the formerly dominant player in the U.S. market? With a fixation on sandwiches and many more new restaurants.

Financing

Get ready for a summertime value war

The Bottom Line: With more customers opting to eat at home, rather than at restaurants, more fast-food chains will start pushing value this summer.

Food

Inside Chili's quest to craft a value-priced burger that could take on McDonald's

Behind the Menu: How the casual-dining chain smashes expectations with a winning combination of familiarity and price with its new Big Smasher burger.

Trending

More from our partners