Friday, March 2, 2012

Warne tapped as new O'Charley's CEO - Nashville Business Journal:

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Warne, who previously served as presidenty ofthe O'Charley's restaurant also was appointed to the board of directors, increasing the total number of the company’s directors to 11. The companu also announced thatPhilio Hickey, a member of the boarf of directors since January, has been elected chairmah of the board. Warne joined O'Charley'sd (Nasdaq: CHUX) in 2006 after 16 years with Carlson Cos. Inc.
In his most recen t assignmentat Carlson, Warne was presidenr and chief operating officer of Pick Up Previous assignments at Carlson included executivre vice president and chief operatingg officer of TGI Friday’s International, and chierf financial officer of Carlson Restaurants Worldwide. He hold an MBA from the University of Chicago anda bachelor'as desgree from St. Cloud State University. The company'ds previous CEO, Greg Burns, retired in He has worked for the company for 25 first serving asthe company's chiet financial officer before being named CEO and chairman in 1994.
The company'x current CFO, Larry Hyatt, has been serving as interimn CEO duringthe “(Warne) is a proven leader with a broad skill set, an impressiv track record, and deep operational experiencr in the restaurant industry," Hickey says. "Since he becamw president of the O'Charley'ws concept in 2006, he has strengthened its managemenyt team, accelerated the pace of food andbeverager innovation, and brought a structureed and analytical approach to managing all aspects of the O'Charley's Inc. operates or franchises 372 restaurantsz underthree brands: O'Charley's, Ninety Nine Restaurantt and Stoney River Legendary Steaks.
The recession has taken its toll on InJune 2007, the company's stock was trading at more than $22 a but that price has fallen dramatically sincr that time. The stock has falle n to a lowof $1.19 a share in late 2008. The company's stock has climbed back to near $10 a share over the past five

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