BJ's Restaurants Inc. Appoints New Chief Financial Officer
September 06 2005 - 4:03PM
Business Wire
BJ's Restaurants Inc. (Nasdaq:BJRI) announced today the appointment
of Gregory S. Levin as chief financial officer. As CFO, Levin will
have full responsibility for the company's accounting, treasury,
tax, planning, investor relations, technology and risk management
activities. Levin replaces Louis M. Mucci, who will transition to
an advisory board member role when his employment agreement ends on
Sept. 15, 2005. "We are delighted to have Greg on the BJ's
executive team," said Jerry Deitchle, president and CEO. "Greg is a
highly respected, seasoned restaurant finance executive with
significant experience in building leverageable support
infrastructures for restaurant growth companies. Additionally, Greg
has a strong passion for the operational side of the restaurant
business. I am confident that Greg's financial experience and
skills will become increasingly valuable as we continue to build
BJ's into a nationally respected and admired restaurant growth
company." Since 2004, Levin has served as chief financial officer
and secretary for privately held SB Restaurant Co., operator of the
34-unit Elephant Bar casual dining restaurant concept. From
1996-2004, Levin was employed by publicly held California Pizza
Kitchen Inc., operator and licensor of approximately 185 casual
dining restaurants, with his last position as vice president, chief
financial officer and secretary. Earlier in his career, he served
as an audit manager with Ernst & Young LLP. Levin, a CPA,
earned a B.A. from The University of California, Santa Barbara and
an M.B.A. from the Anderson Graduate School of Management at UCLA.
The company also announced today that Robert Curran has been
appointed vice president and treasurer. Curran previously served as
vice president, investor relations. He will gradually transition
his investor relations responsibilities to Levin during the next
few months. Curran will have primary responsibility for the
company's cash management, planning, analysis and risk management
activities. "Rob has done an excellent job in his IR role during
the past two years, and I am confident that he will add even more
value to our company in his expanded role as treasurer," said
Deitchle. "On behalf of our management team, I also want to thank
Lou Mucci for his valuable service as our CFO during the past 18
months," said Deitchle. "Lou originally began his service to our
company as an independent board member back in 2002. He voluntarily
relinquished that role when requested by the board to serve as CFO
during an important transition period for the company's financial
affairs. Now that Lou's CFO assignment has been successfully
completed, we look forward to his continuing counsel to our company
as an advisory board member." BJ's Restaurants Inc. currently owns
and operates 41 casual dining restaurants under the BJ's Restaurant
and Brewery, BJ's Restaurant and Brewhouse or BJ's Pizza &
Grill brand names. BJ's restaurants offer an innovative menu
featuring award-winning, signature deep-dish pizza complemented
with generously portioned salads, sandwiches, soups, pastas,
entrees and desserts. Quality, flavor, value, moderate prices and
sincere service remain distinct attributes of the BJ's experience.
The company operates 11 microbreweries which produce and distribute
BJ's critically acclaimed handcrafted beers throughout the chain.
The company's restaurants are located in California (28), Texas
(5), Arizona (3), Oregon (3), Colorado (1) and Nevada (1). The
company also has a licensing interest in a BJ's restaurant in
Lahaina, Maui, Hawaii. Visit BJ's Restaurants Inc. on the Web at
http://www.bjsrestaurants.com. Certain statements in the preceding
paragraphs and all other statements that are not purely historical
constitute "forward-looking statements" for purposes of the
Securities Act of 1933 and the Securities and Exchange Act of 1934,
as amended, and are intended to be covered by the safe harbors
created thereby. These forward-looking statements involve known and
unknown risks, uncertainties and other factors which may cause
actual results to be materially different from those projected or
anticipated. Factors that could cause or contribute to such
differences include, without limitation, those factors discussed
herein: our ability to manage an increasing number of new
restaurant openings; construction delays; labor shortages; ability
to recruit, train and retain enough qualified managerial and hourly
workers to correctly operate our restaurants; minimum wage
increases; food quality and health concerns; factors that impact
California, where 28 of our current 41 restaurants are located;
restaurant and brewery industry competition; impact of certain
brewery business considerations, including without limitation,
dependence upon suppliers and related hazards; consumer trends;
potential uninsured losses and liabilities; fluctuating commodity
costs including food and energy; trademark and servicemark risks;
government regulations; licensing costs; other general economic and
regulatory conditions and requirements; beer and liquor
regulations; loss of key personnel; success of key strategic and
operational initiatives; inability to secure acceptable sites;
limitations on insurance coverage; legal proceedings, if any and
the amount of, and any changes to, tax rates and the success of
various initiatives to minimize taxes; and changes in accounting
standards or interpretations of existing standards adopted by the
Financial Accounting Standards Board, the Securities and Exchange
Commission, the Emerging Issues Task Force and the American
Institute of Certified Public Accountants that could impact our
reported financial results.
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