Company Elects Restaurant Industry Veteran to Fill Vacancy
CALABASAS HILLS, Calif.--(BUSINESS WIRE)--Aug. 7, 2012--
The Cheesecake Factory Incorporated (NASDAQ: CAKE) today
announced that Thomas L. Gregory retired from the Company’s Board of
Directors and its Audit Committee, effective August 1, 2012.
“Tom joined our Board following our initial public offering in 1992 and
his tenure spanned a time of remarkable growth for the Company. He
provided incredible governance, leadership and support to the Company
and to me personally throughout his two decades of distinguished
service. We thank Tom for his dedication and many contributions. He
genuinely will be missed,” said David Overton, Chairman and Chief
Executive Officer.
Douglas L. Schmick joined the Company’s Board of Directors, effective
August 1, 2012 to fill the vacancy created by Mr. Gregory’s retirement.
His term will expire at the 2013 Annual Meeting of Stockholders. Mr.
Schmick also will serve on the Audit Committee. Mr. Schmick is the
co-founder of McCormick & Schmick’s Seafood Restaurants and a 40-year
veteran of the restaurant industry.
“Doug was at the forefront of upscale casual dining as a co-founder of
McCormick & Schmick’s and is one of the true innovators in the
restaurant industry. His operational and industry knowledge will add to
the wealth of experience represented across our Board. We warmly welcome
Doug to The Cheesecake Factory Board,” concluded Overton.
About The Cheesecake Factory Incorporated
The Cheesecake Factory Incorporated created the upscale casual dining
segment in 1978 with the introduction of its namesake concept. The
Company operates 173 full-service, casual dining restaurants throughout
the U.S., including 158 restaurants under The Cheesecake Factory® mark;
14 restaurants under the Grand Lux Cafe® mark; and one restaurant under
the RockSugar Pan Asian Kitchen® mark. The Company also operates two
bakery production facilities in Calabasas Hills, CA and Rocky Mount, NC
that produce over 70 varieties of quality cheesecakes and other baked
products. Learn more about the company at www.thecheesecakefactory.com.
Source: The Cheesecake Factory Incorporated
The Cheesecake Factory Incorporated
W. Douglas Benn, 818-871-3000
investorrelations@thecheesecakefactory.com