Move follows departure of CEO Sally Smith in June
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James Schmidt is retiring as COO of Buffalo Wild Wings Inc. effective Aug. 14, according to an SEC filing on Thursday, continuing an overhaul of management staff amid upheaval in the company’s boardroom.
Schmidt had been with the Minneapolis-based chicken wing chain since 2002, and was named COO in 2011. The role was a newly created position at the time.
His departure was announced with only a single line in a securities filing.
Longtime CEO Sally Smith announced her retirement in June, the same day that activist investor Marcato Capital Management, which had called for her departure, won three seats to the chain’s board of directors.
Buffalo Wild Wings stock has fallen 18 percent since the proxy vote was announced.
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