BJ’s Restaurants, Inc. (NASDAQ: BJRI) today announced the
appointment of Ms. Janet Sherlock to the Company's Board of
Directors as an independent director, effective January 4, 2019.
Additionally, Ms. Sherlock will serve as a member of the Audit
Committee of the Board. The appointment of Ms. Sherlock brings the
total number of the Company’s board members to nine.
Ms. Sherlock currently serves as the Chief
Information Officer of Ralph Lauren Corporation, a global leader in
the marketing, design, and distribution of apparel, fragrance,
accessories, and home products. Prior to joining Ralph Lauren, Ms.
Sherlock was the Chief Information Officer at Carter’s, Inc., a
global manufacturer and retailer of baby and children’s apparel and
accessories. Prior to that, Ms. Sherlock led the Digital and
Omni-Channel practice at Gartner, a leading research and advisory
firm. Ms. Sherlock has also held various business and technology
leadership roles at Calico Corners/Everfast, Inc., Guess?, Inc.,
BP and ExxonMobil.
“We are very pleased to welcome Janet Sherlock
to our board of directors,” said Greg Trojan, Chief Executive
Officer. “Janet is a distinguished executive with deep
experience developing breakthrough growth strategies for some of
the world’s best known brands. Her extensive technology
background and experience will be of considerable value to BJ’s as
we continue to build a national brand that delivers a higher
quality, more differentiated casual dining experience to
consumers.”
About BJ’s Restaurants,
Inc.
BJ’s Restaurants, Inc. (“BJ’s”) is a national
brand with brewhouse roots and a menu with over 120 offerings where
craft matters. BJ’s broad menu has something for everyone:
slow-roasted entrees, like prime rib, BJ’s EnLIGHTened Entrees®
including Cherry Chipotle Glazed Salmon, signature deep dish pizza
and the often imitated, but never replicated world-famous Pizookie®
dessert. BJ’s has been a pioneer in the craft brewing world since
1996, and takes pride in serving BJ’s award-winning proprietary
handcrafted beers, brewed at its brewing operations in five states
and by independent third-party craft brewers. The BJ’s experience
offers high-quality ingredients, bold flavors, moderate prices,
sincere service and a cool, contemporary atmosphere. Founded in
1978, BJ’s owns and operates 202 casual dining restaurants under
the BJ’s Restaurant & Brewhouse®, BJ’s Restaurant &
Brewery®, BJ’s Pizza & Grill® and BJ’s Grill® brand names. All
restaurants offer dine-in, take-out, delivery and large party
catering. BJ’s restaurants are located in 27 states: Alabama,
Arizona, Arkansas, California, Colorado, Florida, Indiana, Kansas,
Kentucky, Louisiana, Maryland, Michigan, Nevada, New Jersey, New
Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon,
Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas,
Virginia and Washington. For more BJ’s information, visit
http://www.bjsrestaurants.com.
Forward-Looking Statements
Disclaimer
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.
Such statements include, but are not limited to, those regarding
expected comparable restaurant sales and margin growth in future
periods, total potential domestic capacity, the success of various
sales-building and productivity initiatives, future guest traffic
trends, construction cost savings initiatives and the number and
timing of new restaurants expected to be opened in future periods.
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 might cause such differences include, but are not
limited to: (i) our ability to manage new restaurant openings,
(ii) construction delays, (iii) labor shortages, (iv)
increases in minimum wage and other employment related costs,
including compliance with the Patient Protection and Affordable
Care Act and minimum salary requirements for exempt team members,
(v) the effect of credit and equity market disruptions on our
ability to finance our continued expansion on acceptable terms,
(vi) food quality and health concerns and the effect of negative
publicity about us, our restaurants, other restaurants, or others
across the food supply chain, due to food borne illness or other
reasons, whether or not accurate, (vii) factors that impact
California, Texas and Florida, where a substantial number of
our restaurants are located, (viii) restaurant and brewery
industry competition, (ix) impact of certain brewing business
considerations, including without limitation, dependence upon
suppliers, third party contractors and distributors, and related
hazards, (x) consumer spending trends in general for casual dining
occasions, (xi) potential uninsured losses and liabilities due to
limitations on insurance coverage, (xii) fluctuating commodity
costs and availability of food in general and certain raw materials
related to the brewing of our craft beers and energy requirements,
(xiii) trademark and service-mark risks, (xiv) government
regulations and licensing costs, (xv) beer and liquor regulations,
(xvi) loss of key personnel, (xvii) inability to secure acceptable
sites, (xviii) legal proceedings, (xix) other general economic and
regulatory conditions and requirements, (xx) the success of our key
sales-building and related operational initiatives, (xxi) any
failure of our information technology or security breaches with
respect to our electronic systems and data, and (xxii) numerous
other matters discussed in the Company’s filings with the
Securities and Exchange Commission, including its recent reports on
Forms 10-K, 10-Q and 8-K. The “forward-looking” statements
contained in this press release are based on current assumptions
and expectations, and BJ’s Restaurants, Inc. undertakes no
obligation to update or alter its “forward-looking” statements
whether as a result of new information, future events or
otherwise.
For further information, please contact Greg
Levin of BJ’s Restaurants, Inc. at (714) 500-2400 or JCIR at (212)
835-8500 or at bjri@jcir.com.
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