NASHVILLE Tenn. O’Charley’s Inc. has averted a proxy battle with 12-percent stakeholder Crescendo Partners by putting former Arby’s chief Douglas Benham and two others on its board of directors. Under the agreement disclosed Thursday, O’Charley’s, the operator or franchisor of 364 casual-dining restaurants, has expanded its board to 11 seats, from nine. In addition to Benham, the one-time president and chief executive of Arby’s Restaurant Group, the new directors are Arnaud Ajdler, a ...
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 the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!