Denny's Corp. said late Tuesday that Nelson Marchioli, the company's president and chief executive, resigned and has been succeeded by board chair Debra Smithart-Oglesby on an interim basis until a permanent successor is found. Marchioli and Smithart-Oglesby had been embroiled in controversy this year as a group of dissident shareholders engaged in a corporate proxy contest to unseat the executives, which they claimed had mismanaged the restaurant company. The dissident shareholder group ...
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Contact: Desiree Torres Desiree.Torres@penton.com