Bob Evans Announces Changes to Its Board Structure and Committee Assignments

Bob Evans Farms, Inc.,

announced today that its Board of Directors voted yesterday to elect Mary Kay Haben as Non-Executive Chair, while Steven A. Davis remains Chief Executive Officer and a director. "This change reflects our continued commitment to Board succession and best-in-class corporate governance," Mr. Davis said. "We are proud of our top Governance QuickScore ranking from Institutional Shareholder Services, and will continue to maintain governance best practices. Our highest decile QuickScore ranking demonstrates our willingness to achieve continuous improvements in corporate governance. This change is good for all of our stockholders." In addition, the Company announced Board Committee chair assignments. They are: Kevin Sheehan, Finance; Charles Elson, Nominating and Corporate Governance; Eileen Mallesch, Audit; and Paul Williams, Compensation. "We have structured our Board committees to provide new thinking while maintaining the highest level of expertise. We have maintained leadership continuity with our Audit and Compensation committees, while adding new Board members to these committees," Mr. Davis said. "Three of our five Finance Committee members are new to the Board. Our new Finance Committee chair, Kevin Sheehan, is a highly qualified financial expert and a current sitting CEO. A key responsibility of this committee is to take a fresh look at ideas from all of our stockholders. Charles Elson, our new Nominating and Corporate Governance Committee chair, is the Director of the Weinberg Center for Corporate Governance at the University of Delaware. Professor Elson is a leading authority on corporate governance issues." Ms. Haben, who joined the Bob Evans Board in 2012, was President-North America for the Wm. Wrigley Jr. Company, a leading confectionary company, from 2007 until 2011. She previously served in various executive positions with Kraft Foods Inc. from 1979 to 2007. She currently serves on the board of directors of Equity Residential and The Hershey Company. "I look forward to working with the full Board and Steve to help realize the full potential of the Bob Evans brand and drive stockholder value," said Ms. Haben. Mr. Davis joined Bob Evans in 2006 as Chief Executive Officer, and served as interim Chairman of the Board from September 2006 to November 2006 when he was named Chairman of the Board. Previously, he worked at Yum Brands where he was President of Long John Silver's and A&W All-American Food Restaurants since 2002. Prior to this, he served in a variety of operations management and other executive positions in Yum Brands' Pizza Hut division, including senior vice president of concept development where he launched the WingStreet® concept. Before joining Pizza Hut in 1993, he held a variety of marketing leadership positions with Kraft General Foods, then, a division of Philip Morris, for nine years.