Bojangles', Inc. Appoints Current Director James "Randy" Kibler as Interim President and CEO
March 05 2018 - 3:25PM
Bojangles’, Inc. (Bojangles’) (NASDAQ:BOJA) today announced that
the Board of Directors has appointed James “Randy” Kibler as
Interim President and CEO following the resignation of Clifton
Rutledge for personal reasons. The Board of Directors will also
initiate a search for a permanent President and CEO.
Mr. Kibler has been a Director of the Company
since August 2011 and served as a Director and Non-Executive
Chairman from February 2014 to June 2016. Prior to this, from
September 2007 to January 2014, Mr. Kibler served as President,
CEO, and Director for Bojangles’ Restaurants, Inc., the Company’s
subsidiary. Mr. Kibler was previously President of Kibler-Mitchell
Enterprises, Inc., a restaurant company in Spartanburg, South
Carolina, from September 1996 to April 2011.
William Kussell, Director and Non-Executive
Chairman of the Board, stated, “We appreciate Randy stepping into
these roles on a temporary basis. The Board is fully confident in
his ability to lead the Bojangles’ team until we can complete the
process of identifying a suitable replacement. Randy possesses
extensive management experience in the casual dining and
quick-service restaurant sectors, franchisee expertise, and a deep
understanding of operations. Additionally, his familiarity and
leadership as our previous President and CEO is ideal for ensuring
a smooth and orderly transition during this interim period. We
would also like to thank Clifton for his dedicated service to
Bojangles’ and respect his personal decision to resign. We wish him
all the best.”
Randy Kibler, Interim President and CEO, said,
“I appreciate the opportunity to accept this expanded role with the
Company and look forward to working with the Board and the talented
management team in continuing to build upon the strong brand and
reputation we have established at Bojangles’.”
Clifton Rutledge added, “After 40 years in the
restaurant industry including four plus years as President and CEO
of Bojangles’, I have decided it’s time to step down and take some
time to enjoy my family. I have enjoyed being a part of growing the
brand’s footprint throughout the Southeast, and also the
development of the talented teams both at the Support Center and in
the field. I am confident the team at Bojangles’ will carry forward
this great brand into the future, and I look forward to watching
its growth, just from a different seat.”
About Bojangles’, Inc.
Bojangles’, Inc. is a highly differentiated and
growing restaurant operator and franchisor dedicated to serving
customers high-quality, craveable food made from our Southern
recipes, including breakfast served All Day, Every Day. Founded in
1977 in Charlotte, N.C., Bojangles’® serves menu items such as
made-from-scratch biscuit breakfast sandwiches, delicious
hand-breaded bone-in chicken, flavorful fixin’s (sides) and
Legendary Iced Tea®. At September 24, 2017, Bojangles’ had 749
system-wide restaurants, of which 316 were company-operated and 433
were franchised restaurants, primarily located in the Southeastern
United States. For more information, visit www.bojangles.com or
follow Bojangles’ on Facebook and Twitter.
For Investor Relations Inquiries:Raphael Gross of
ICR203.682.8253
For Media Inquiries:Brian Little of Bojangles' Restaurants,
Inc.704.519.2118
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