Management ChangeJul 23, 2026, 04:32 PM
Red Robin Appoints Michael Kappitt to Board of Directors
AI Summary
Red Robin Gourmet Burgers, Inc. announced the expansion of its Board of Directors from seven to eight members. Michael Kappitt has been appointed to fill the newly created vacancy, with his term effective July 24, 2026. Mr. Kappitt, who currently serves as Chief Operating and Insights Officer at Subway, brings extensive experience from the restaurant industry, including prior leadership roles at Bloomin' Brands. He will serve as an independent director and be compensated according to the company's standard non-employee director policies.
Key Highlights
- Red Robin Gourmet Burgers, Inc. increased its Board of Directors from 7 to 8 members.
- Michael Kappitt was appointed to fill the new vacancy, effective July 24, 2026.
- Mr. Kappitt will serve as an independent director until the 2027 Annual Meeting.
- He currently serves as Chief Operating and Insights Officer at Subway since March 2020.
- Previously, he 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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