Red Robin Gourmet Burgers, Inc. Names G.J. Hart as President and Chief Executive Officer
July 14 2022 - 4:05PM
Business Wire
Appointment Effective on September 6,
2022
Paul Murphy to Serve as Special Advisor
through March 31, 2023
Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) today announced
that G.J. Hart will become the Company’s new President and Chief
Executive Officer, effective September 6, 2022. A member of the Red
Robin Board since August 2019, Hart will continue to serve as a
member of the Board in addition to his roles as CEO and
President.
Mr. Hart will succeed current President and Chief Executive
Officer Paul Murphy, who recently informed the Red Robin Board of
Directors that he intends to retire at the end of 2022 when his
employment agreement expires. Mr. Murphy will remain as a special
advisor to the Company until March 31, 2023, to ensure a smooth
transition of leadership.
Mr. Hart most recently served as Chief Executive Officer of
Torchy’s Tacos from 2018 until 2021, a privately-held fast-casual
concept with more than 100 locations. Prior to that, he was the
Executive Chairman and Chief Executive Officer of California Pizza
Kitchen from 2011 to 2018. From 2000 to 2004, Mr. Hart served as
President of Texas Roadhouse Holdings, and later from 2004 to 2011
he held additional responsibilities as Chief Executive Officer and
a member of the Texas Roadhouse Board. Earlier in his career, Mr.
Hart held additional leadership positions at Al Copeland
Investments, TriFoods International, New Zealand Lamb Company, and
Shenandoah Valley Poultry, among others.
A highly regarded executive with nearly 35 years in the
restaurant industry, including both public and private company
experience, Mr. Hart is well known for his organizational
leadership skills, commitment to profitable growth, and ability to
drive long term shareholder value.
Mr. Hart stated, “While I have long admired Red Robin as an
organization and brand, since joining the Board I have gained a
heightened appreciation for the culture, values and brand equities
that have made Red Robin so iconic for more than fifty years while
recognizing its go-forward potential. I am eager to begin working
with the team in this new capacity to strengthen the Company’s
foundation, execute on our strategic priorities, and continue our
collective efforts to create value for shareholders.”
Dave Pace, Red Robin Board Chair, commented, “G.J. brings an
exceptional track record of success to this role and we are excited
to have him as our next leader for Red Robin. During the past 3
years, G.J. has distinguished himself as a thoughtful and effective
Board member in supporting Paul and the Red Robin team as they
navigated an exceptionally tumultuous period in our industry’s
history. As we began our search for Paul’s successor following his
announced retirement at the end of this year, G.J. expressed
interest in the role and we quickly determined that he possesses
all of the critical skills that we are looking for in Red Robin’s
next leader. We are highly confident that he has the vision,
passion, and expertise to successfully lead Red Robin into the
future. Once again, I want to thank Paul Murphy for his leadership
over the past 3 years and appreciate his support in facilitating
G.J.’s transition.”
About Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB)
Red Robin Gourmet Burgers, Inc. (www.redrobin.com), is a casual
dining restaurant chain founded in 1969 that operates through its
wholly-owned subsidiary, Red Robin International, Inc., and under
the trade name, Red Robin Gourmet Burgers and Brews. We believe
nothing brings people together like burgers and fun around our
table, and no one makes moments of connection over craveable food
more memorable than Red Robin. We serve a variety of burgers and
mainstream favorites to Guests of all ages in a casual, playful
atmosphere. In addition to our many burger offerings, Red Robin
serves a wide array of salads, appetizers, entrees, desserts,
signature beverages and Donatos® pizza at select locations. It's
now easy to enjoy Red Robin anywhere with online ordering available
for to-go, delivery and catering, or you can download our new app
for easy customization, access to the Red Robin Royalty® dashboard
and more. There are more than 520 Red Robin restaurants across the
United States and Canada, including those operating under franchise
agreements. Red Robin… YUMMM®!
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version on businesswire.com: https://www.businesswire.com/news/home/20220714005203/en/
For media relations questions contact: Joanna Kaufman,
Red Robin Gourmet Burgers, Inc. jkaufman@redrobin.com (410)
458-2308
For investor relations questions contact: Raphael Gross,
ICR investor@redrobin.com (203) 682-8253
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