Management ChangeJul 24, 2026, 04:37 PM
Red Robin Appoints Michael Kappitt as Independent Director
AI Summary
Red Robin Gourmet Burgers, Inc. announced that its Board of Directors increased its size from seven to eight members. Michael Kappitt has been appointed to fill the new vacancy, effective July 24, 2026, and will serve as an independent director. Mr. Kappitt brings extensive experience from the quick-service restaurant industry, having previously served as Chief Operating and Insights Officer at Subway and in leadership roles at Bloomin' Brands, Inc.
Key Highlights
- Red Robin's Board of Directors increased from seven to eight members.
- Michael Kappitt appointed as an independent director, effective July 24, 2026.
- Mr. Kappitt will serve until the 2027 Annual Meeting of Stockholders.
- He previously served as Chief Operating and Insights Officer at Subway from March 2020 to August 2025.
- Prior to Subway, Mr. Kappitt held leadership roles at Bloomin' Brands, Inc. from 2011 to 2020.
- Mr. Kappitt will receive compensation in accordance with the Company's standard non-employee director policies.
Price Impact
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