05.09.2007 12:30:00
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O'Charley's Inc. Names J. Harold Allen Vice President of Design & Construction
O'Charley's Inc. (NASDAQ/NM: CHUX), a leading casual-dining restaurant
company, announced today that J. Harold ("Jay”)
Allen joined the Company as vice president of design and construction.
In his new position, Allen will be responsible for all of the Company’s
design and construction activities for new company-operated and
franchised restaurants, and for the "Project
RevO’Lution” and "Dressed
to the Nines” re-branding initiatives.
Prior to joining O’Charley’s,
Allen, age 55, was senior vice president at Forrester Construction in
Rockville, Md., where he was responsible for all construction operations
and reported directly to the president. Previously, he was vice
president design and construction for HMSHost in Bethesda, Md., the world’s
largest developer and operator of food and beverage facilities in
airports and toll roads. Prior to that he held similar positions with
Marriott International and Sodexho Marriott Services. Allen has received
a number of industry awards for excellence, including the American
Building Congress Excellence in Construction Award and the President’s
Award for Outstanding Achievement and Contribution to Education
Services. He earned a bachelor of architecture degree from the
University of Tennessee in Knoxville.
"Jay is the consummate professional with a
20-year record of success in development, planning and construction
management in the restaurant and hospitality industries,”
said Gregory L. Burns, O’Charley’s
Inc. chairman and chief executive officer. "His
primary focus will be on establishing best practices and policies for
design and construction that will maximize capital efficiency and drive
performance. He has successfully developed four design and construction
departments from the ground up during his career, experience that will
be invaluable to our re-branding and new restaurant development efforts.”
Consistent with the Company's philosophy of aligning the interests of
its management with those of its shareholders, the Company has granted
Allen restricted stock awards for an aggregate of 5,000 shares of the
Company's common stock that will vest ratably over three years. These
awards constitute inducement awards under Nasdaq Marketplace Rule 4350.
About O’Charley’s
Inc.
O’Charley’s Inc.,
headquartered in Nashville, Tenn., is a multi-concept restaurant company
that operates or franchises a total of 364 restaurants under three
brands: O’Charley’s,
Ninety Nine Restaurant, and Stoney River Legendary Steaks.
The O’Charley’s
concept includes 240 restaurants in 19 states in the Southeast and
Midwest, including 229 company-owned and operated restaurants in 16
states, four franchised O’Charley’s
restaurants in Michigan, one franchised restaurant in Ohio, one
franchised restaurant in Iowa, one franchised restaurant in Tennessee,
three joint venture restaurants in Louisiana, and one joint venture
restaurant in Wisconsin. The menu, with an emphasis on fresh
preparation, features several specialty items such as hand-cut and aged
USDA choice steaks, a variety of seafood and chicken, freshly baked
yeast rolls, fresh salads with special-recipe salad dressings and
signature caramel pie. The Company operates Ninety Nine restaurants
in 114 locations throughout Connecticut, Maine, Massachusetts, New
Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and
Vermont. Ninety Nine has earned a strong reputation as a
friendly, comfortable place to gather and enjoy great American food and
drink at a terrific price. The menu features a wide selection of
appetizers, salads, sandwiches, burgers, entrees and desserts. The
Company operates 10 Stoney River Legendary Steaks restaurants in
Georgia, Illinois, Kentucky, Ohio, Missouri and Tennessee. The
steakhouse concept appeals to both upscale casual-dining and fine-dining
guests by offering high-quality food and attentive customer service
typical of high-end steakhouses, but at more moderate prices.
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