Shells Seafood Restaurants, Inc. Names Restaurant and Retailing Veteran John F. Hoffner to Board

Mr. Hoffner, an independent director, will also chair the board's audit committee.

Feb 11, 2006 - 10:38
Mr. Hoffner recently retired as EVP and Chief Financial Officer of Jack in the Box Inc., a publicly traded restaurant chain with $2 billion in annual revenues, and is serving as VP, Financial Strategy for Jack in the Box until January 2006.

"We're delighted to welcome someone with John's extensive experience and financial acumen to our board," said Shells President & CEO Leslie Christon. "His firsthand insights into public restaurant company governance will be particularly valuable as we grow Shells."

Before joining Jack in the Box, Mr. Hoffner held senior financial and administrative leadership positions in several companies, including Cost Plus World Market and Federated Department Stores. He has been responsible for numerous corporate functions, including accounting, MIS, financial planning, strategic planning, real estate development, financial analysis, human resources, risk management, investor relations and legal. Hoffner also has experience in mergers and acquisitions, leveraged buyouts and financial restructurings of both private and public companies, developing strong relationships in the investment and Wall Street communities.

A graduate of Purdue University's Krannert Management School, Mr. Hoffner earned his M.B.A. from Xavier University. He has served as a director of the Krannert Management School's alumni board, a director of the Interfraternity Conference of North America, and a director of the Junior Achievement board in Los Angeles. He currently serves as chairman of San Diego's Junior Achievement board.

Mr. Hoffner replaces Mr. Robert Ellin, who has resigned his position on the board. The Company wishes to thank Mr. Ellin for his contributions while serving on the board.

The Company manages and operates 26 full-service, neighborhood seafood restaurants in Florida under the name "Shells." Shells restaurants feature a wide selection of seafood items, including shrimp, oysters, clams, mussels, scallops, lobster, crab and daily fresh fish specials, cooked to order in a variety of ways: steamed, sauteed, grilled, blackened and fried. Shells restaurants also offer a wide selection of signature pasta dishes, appetizers, salads, desserts and full bar service.