Henry Nasella Appointed to Board of Directors for Denny's Corporation

Nasella was appointed by the board to fill a newly-created board seat and will serve for the remaining term which is set to run until the next annual meeting of shareholders and until a successor is elected. He joins current directors Vera K. Farris, Vada Hill, Nelson J. Marchioli, Robert E. Marks, Elizabeth A. Sanders, Donald R. Shepherd and Debra Smithart-Oglesby.

As a member of the retail and consumer team at Apax Partners, Nasella brings more than 30 years of extensive operating management, consumer retailing and venture capital experience to the Denny's board. At Apax Partners, he actively pursues consumer and retail-oriented growth opportunities.

During his career, he has helped grow both early and later-stage retail companies into world-class businesses. As president of Staples, Inc., he helped successfully build the company from an early-stage business into a global leader in the office supply category. He was also chairman and CEO of Star Markets, Co. Inc, a New England food retailer. Prior to this, he was a principal at Phillips-Smith venture capital group.

Nasella has served on the boards of directors of many public and private companies and currently sits on the boards of Phillips-Van Heusen Corporation and Spyder Active Sports, Inc. He also serves on the board of trustees of Northeastern University. Nasella earned a bachelor's of science degree in accounting from Northeastern University.

Denny's is America's largest full-service family restaurant chain, consisting of 553 company-owned units and 1,055 franchised and licensed units, with operations in the United States, Canada, Costa Rica, Guam, Mexico, New Zealand and Puerto Rico.


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