Brad Blum, former Burger King chief executive-turned-activist investor, called for a new board of directors for the beleaguered Cosí chain Tuesday, offering himself as chair and chief executive for a first-year salary of $1. Blum is founder and chief executive of BLUM Growth Fund LLC, which holds a nearly 7-percent stake in the Deerfield, Ill.-based Cosí Inc. This summer, NASDAQ warned the operator and franchisor of the 138-unit fast-casual Cosí brand of a possible ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?
Contact: Desiree Torres Desiree.Torres@penton.com