Red Robin Gourmet Burgers Inc. said activist investor David Makula of Oak Street Capital Management LLC has joined the company’s board and agreed not to block its strategic efforts going forward. The move Tuesday by Red Robin, which increases the number of board members to 11, appears to be a compromise with Makula, who as managing director and chief investment officer of Oak Street has been openly critical of attempts by Red Robin’s management to turn around the Greenwood ...
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Contact: Desiree Torres Desiree.Torres@penton.com