Market Overview

Red Robin Gourmet Burgers Announces Change in Operations Leadership

Share:

Chief Financial Officer Guy Constant Transitioning to Chief Operating
Officer Role, Company Begins Search for New CFO

Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB), a full-service
restaurant chain serving an innovative selection of high-quality gourmet
burgers in a family-friendly atmosphere, today announced a change in the
Company's restaurant operations leadership. Guy Constant, who currently
serves as the Company's executive vice president and chief financial
officer, will move to the role of executive vice president and chief
operating officer for Red Robin upon the hiring of a new chief financial
officer and transfer of duties, anticipated in early 2019. The Company
has begun an executive search for a new chief financial officer as part
of Mr. Constant's transition to Operations leadership for Red Robin.

Mr. Constant will be replacing Carin Stutz, who served as Red Robin's
executive vice president and chief operating officer since April 2016,
and is leaving that role effective immediately. Denny Marie Post, Red
Robin's president and chief executive officer, will serve as interim COO
through the remainder of 2018, as Mr. Constant transitions to his new
role and while the search for a new CFO is underway.

"As we look ahead to what Red Robin needs in Operations leadership for
the next stage of our business, we look forward to leveraging the
considerable skills and experience of Guy Constant. He is the perfect
person to lead our Operations team forward and to partner with me as we
pivot to a new future. He is highly strategic and clearly understands
the challenges we face, as well as how to capitalize on our considerable
opportunities. Guy's experience includes serving as international
division president for a major casual dining brand, overseeing both
franchised and company-owned locations, and he is looking forward to
filling the Operations leadership role here at Red Robin," said Denny
Marie Post, Red Robin Gourmet Burgers, Inc. chief executive officer. "In
addition to Company and franchise operations, Guy will continue to lead
supply chain, facilities and development after the first of the year."

"Red Robin is committed to recapturing our momentum and to regaining our
operational edge in this increasingly complex and competitive
environment," said Ms. Post. "Fortifying our leadership team will help
us address current and future challenges, which is key to a financially
sustainable future. We are grateful for the many contributions Carin
Stutz made to rebuilding our fundamentals during the past two years and
wish her the very best."

About Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB)

Red Robin Gourmet Burgers, Inc. (www.redrobin.com),
a casual dining restaurant chain founded in 1969 that operates through
its wholly-owned subsidiary, Red Robin International, Inc., and under
the trade name Red Robin Gourmet Burgers and Brews, is the Gourmet
Burger Authority, famous for serving more than two dozen
craveable, high-quality burgers with Bottomless Steak Fries® in
a fun environment welcoming to guests of all ages. Whether a family
dining with kids, adults grabbing a drink at the bar, or teens enjoying
a meal, Red Robin offers an unparalleled experience for its guests. In
addition to its many burger offerings, Red Robin serves a wide variety
of salads, soups, appetizers, entrees, desserts, and signature
beverages. Red Robin offers a variety of options behind the bar,
including its extensive selection of local and regional beers, and
innovative adult beer shakes and cocktails, earning the restaurant a
VIBE Vista Award for Best Beer Program in a Multi-Unit Chain Restaurant.
There are more than 570 Red Robin restaurants across the United States
and Canada, including locations operating under franchise agreements.
Red Robin… YUMMM®! Connect with Red Robin on Facebook,
Instagram,
and Twitter.

View Comments and Join the Discussion!