The Cheesecake Factory Names McCormick & Schmick’s Co-founder to its Board of Directors
08/07/2012 – Calabasas Hills, Calif. (Business Wire) – 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.
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