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Restaurant Industry News |
Tuesday December 2nd, 2008 |
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Mexican Restaurants, Inc. Senior Vice President and Chief Marketing Officer Dennis Vegas Resigns |
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Mexican Restaurants, Inc. ('MRI') (NASDAQ:CASA) CEO Curt Glowacki announced today that Dennis Vegas has stepped down as Senior Vice President and Chief Marketing Officer effective July 31, 2007 to pursue other business interests. |
"Dennis has been a major contributor to MRI over the last four years and we thank him for his valuable service," stated Mr. Glowacki. "His leadership and innovative marketing approaches have helped to improve our brands and strengthen our position in the marketplace. During his tenure he developed a strong marketing organization with strategies and processes which will continue to add value after his departure. We wish him well in his future endeavors,' said Mr. Glowacki.
'It was a difficult decision to leave the MRI family, but after significant consideration, I have decided it was time for me to pursue other interests,' said Mr. Vegas. 'Over the last four years we have laid a foundation which has positioned the Company for growth and continued shareholder value. I'm grateful for having had the opportunity to be part of this great organization. I leave knowing there is an experienced and dedicated team in place that will continue to build on this foundation.'
Mexican Restaurants, Inc. operates and franchises 78 Mexican restaurants. The current system includes 58 company-operated restaurants, 19 franchise operated restaurants and one licensed restaurant.
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| Last: |
2.35 |
| Time: |
12/1/2008
12:52pm |
| Change: |
-0.87 |
| Opened: |
3.22 |
| Day: |
3.22 - 2.35 |
| Volume: | 4099
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