UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) September 20, 2012
Fiesta Restaurant Group, Inc.
(Exact name of registrant as specified in its charter)
Delaware | 001-35373 | 90-0712224 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) | ||
7300 North Kendall Drive, 8th Floor, Miami, Florida |
33156 | |||
(Address of principal executive offices) | (Zip Code) |
Registrants telephone number, including area code (305) 670-7696
N/A
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13a-4(c)) |
ITEM 5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
On September 20, 2012, Fiesta Restaurant Group, Inc. (the Company) announced that James E. Tunnessen, the Executive Vice President of Pollo Tropical, and Michael A. Biviano, the Executive Vice President of Taco Cabana, will retire from the Company effective January 31, 2013.
On September 20, 2012, the Company issued a press release announcing the retirement of James E. Tunnessen and Michael A. Biviano from the Company. The entire text of the press release is attached as Exhibit 99.1 and is incorporated by reference herein.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits
99.1 | Fiesta Restaurant Group, Inc. Press Release, dated September 20, 2012 |
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Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
FIESTA RESTAURANT GROUP, INC. | ||
Date: | September 20, 2012 | |
By: | /s/ Joseph A. Zirkman | |
Name: | Joseph A. Zirkman | |
Title: | Vice President, General Counsel and Secretary |
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Exhibit 99.1
FOR IMMEDIATE RELEASE Investor Relations Contact: Raphael Gross 203-682-8253 investors@frgi.com |
Fiesta Restaurant Group Announces Executive Transition; Danny Meisenheimer and Todd
Coerver to Assume Leadership Roles at Pollo Tropical and Taco Cabana
Miami, FL (Businesswire) September 20, 2012 Fiesta Restaurant Group, Inc. (Fiesta or the Company) (NASDAQ: FRGI), the owner, operator, and franchisor of the Pollo Tropical® and Taco Cabana® fast-casual restaurant brands, today announced the upcoming retirements of Jim Tunnessen, Executive Vice President Chief Operating Officer of Pollo Tropical, and Mike Biviano, Executive Vice President Chief Operating Officer of Taco Cabana, effective as of January 31, 2013. Tunnessen will be succeeded by Danny Meisenheimer at Pollo Tropical and Biviano will be succeeded by Todd Coerver at Taco Cabana.
Both Danny and Todd currently hold the position of Chief Brand Officer for their respective brands, said Tim Taft, Chief Executive Officer of Fiesta. Danny and Todd have partnered with Mike and Jim and their elevation to COO will ensure a seamless transition. With change comes opportunity and going forward, Danny and Todd will be supported by tenured operating professionals. Vicky Timmer will be promoted to the role of Vice President of Operations at Pollo Tropical, and Mark Phillips will assume the role of Vice President of Operations at Taco Cabana. These promotions will create avenues for advancement for the next generation of operations leadership as we put ourselves in position for future growth.
Taft added, Ive had the good fortune to work with both Danny and Todd over the last twenty years. I have the utmost confidence in their leadership abilities as well as their skill in culture and brand building. These teams are excited to enter into the next phase of our evolution. New leadership means fresh perspectives on our business, and we will leverage our current successes while we tackle the opportunities of tomorrow. Both brands are grateful for the legacy established by Jim and Mike, they have been great stewards of our companies and instrumental in getting us to the position we enjoy today.
About Fiesta Restaurant Group, Inc.
Fiesta Restaurant Group, Inc. owns, operates and franchises the Pollo Tropical® and Taco Cabana® restaurant brands with 250 company-owned and operated restaurants and 41 franchised restaurants in the U.S., Puerto Rico, the Bahamas, Costa Rica, Ecuador, Honduras, Panama, Trinidad & Tobago, and Venezuela as of September 1, 2012. The brands specialize in the operation of fast-casual, ethnic restaurants that offer distinct and unique flavors with a broad appeal at a compelling value. Both brands feature made-from-scratch cooking, fresh salsa bars, and drive-thru service and catering. For more information about Fiesta Restaurant Group, Inc. visit our corporate website at www.FRGI.com.
Forward-Looking Statements
Except for the historical information contained in this news release, the matters addressed are forward-looking statements. Forward-looking statements, written, oral or otherwise made, represent our expectation or belief concerning future events. Without limiting the foregoing, these statements are often identified by the words may, might, believes, thinks, anticipates, plans, expects, intends or similar expressions. In addition, expressions of our strategies, intentions or plans, are also forward-looking statements. Such statements reflect managements current views with respect to future events and are subject to risks and uncertainties, both known and unknown. You are cautioned not to place undue reliance on these forward-looking statements as there are important factors that could cause actual results to differ materially from those in forward-looking statements, many of which are beyond our control. Investors are referred to the full discussion of risks and uncertainties as included in our filings with the Securities and Exchange Commission.