CARROLLTON Texas T.G.I. Friday’s parent Carlson Restaurants Worldwide said Tuesday that its president and chief executive, Richard Snead, is retiring and will be replaced next month by Nick Shepherd, most recently chairman and chief executive of Sagittarius Brands. Snead, who has been on a leave of absence for health reasons since September, will remain with Carrollton, Texas-based Carlson Restaurants on a consultancy basis through the end of the year. The move by Shepherd, who joined ...

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