Back Yard Burgers Announces Plans To Separate Chairman And Ceo Positions; Management Restructuring

By: Back Yard Burgers | 9 Shares 154 Reads

(Monday, February 27, 2006) - The Board of Directors of Back Yard Burgers,
Inc. (Nasdaq: BYBI) (the "Company") today announced plans to separate the Chairman and
Chief Executive Officer positions of the Company. The Board of Directors also accepted the
resignation of Michael W. Myers from his positions as President and Chief Operating Officer of
the Company, effective immediately.
The Board of Directors will conduct an executive search for an individual to serve as the
Chief Executive Officer/President of the Company. Mr. Lattimore M. Michael, Chairman and
Chief Executive Officer of the Company, will continue to serve as Chief Executive Officer until
a new CEO/President is appointed by the Board of Directors. The Board of Directors expects
that, after the appointment of a new CEO/President, Mr. Michael will continue to serve as
Chairman of the Board but would not serve as an executive officer of the Company.
In connection with the matters described above, the Board of Directors appointed Joseph
L. Weiss to serve as Chief Operating Officer on an interim basis until a new CEO/President is
retained. Mr. Weiss has served as a director of the Company since 1989 and is currently
president of A. Weiss Company, a franchisee of the Company. From 1993 to 1999, Mr. Weiss
was President and Chief Operating Officer of the Company. Because of his appointment as
interim Chief Operating Officer, Mr. Weiss has resigned from his positions on the Board's Audit
Committee and Compensation Committee.
About Back Yard Burgers: Back Yard Burgers operates and franchises quick-service
restaurants in 20 states, primarily in markets throughout the Southeast region of the United
States. The restaurants specialize in charbroiled, freshly prepared, great-tasting food. As its
name implies, Back Yard Burgers strives to offer the same high-quality ingredients and special
care typified by outdoor grilling in the backyard. Its menu features made-to-order gourmet
Black Angus hamburgers and chicken sandwiches - charbroiled over an open flame, fresh salads,
chili and other specialty items, including hand-dipped milkshakes, fresh-made lemonade and
fresh-baked cobblers.