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Red Robin CFO to step down

Stuart Brown will vacate position in July for opportunity outside the restaurant industry

Stuart Brown, executive vice president and chief financial officer for Red Robin Gourmet Burgers Inc., will step down on July 15 to move to an opportunity outside the restaurant industry, the company said Tuesday.

Terry Harryman, the Greenwood Village, Colo.-based operator’s vice president, chief accounting officer and controller, will serve as interim CFO immediately following Brown’s departure. Red Robin will conduct a comprehensive search to assess internal and external candidates for the position, the company said.

[CHARTBEAT:3]

“Stuart has been a great asset to the company and has made many contributions to the brand since he joined in 2011. We thank him for his dedication, loyalty and passion for Red Robin, and wish him the best in his future endeavors,” said Steve Carley, Red Robin CEO, in a statement. “One of Steve’s many accomplishments has been building a best-in-class finance and accounting team that will serve our company well for many years to come.”

The announcement did not indicate where Brown is going, but in a statement he said the opportunity is attractive on both the career and family levels.

In a statement, Brown said, “I have truly enjoyed my time at Red Robin, and will be forever grateful for the tremendous opportunities the company has provided me to work with a great leadership team and contribute to the success of a great casual-dining brand.”

Red Robin operates or franchises more than 540 restaurants under the Red Robin Gourmet Burgers and Brews casual-dining brand, as well as the fast-casual Red Robin Burger Works.

Contact Lisa Jennings at [email protected]
Follow her on Twitter: @livetodineout

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