Famous Dave's Announces Additional Leadership Change
MINNEAPOLIS - June 9, 2014 // GLOBE NEWSWIRE // - Famous Dave's of America, Inc. (Nasdaq:DAVE), today announced the resignation of Dean Riesen from the company's board of directors, effective June 6, 2014. Mr. Riesen had served on the company's board since 2003, and as Chairman since 2011.
"I would like to thank Dean for his contributions to Famous Dave's," said Ed Rensi, Famous Dave's Chief Executive Officer. "Famous Dave's future has never been brighter. We have a strong management team and a new board in place dedicated to serving our customers the country's best BBQ, supporting our franchisees' growth and profitability, and creating value for our shareholders. This is a national brand with unique growth potential. We have a strong management team and board of directors and we are prepared to move forward and realize our full potential."
About Famous Dave's
Famous Dave's of America, Inc. develops, owns, operates and franchises barbeque restaurants. As of today, the company owns 53 locations and franchises 141 additional units in 34 states, the Commonwealth of Puerto Rico, and one Canadian province. Its menu features award-winning barbequed and grilled meats, an ample selection of salads, side items and sandwiches, and unique made-from-scratch desserts.
Statements in this press release that are not strictly historical, including but not limited to statements regarding the timing of our restaurant openings and the timing or success of our expansion plans, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, which may cause the company's actual results to differ materially from expected results. Although Famous Dave's of America, Inc. believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectation will be attained. Factors that could cause actual results to differ materially from Famous Dave's expectation include financial performance, restaurant industry conditions, execution of restaurant development and construction programs, franchisee performance, changes in local or national economic conditions, availability of financing, governmental approvals and other risks detailed from time to time in the company's SEC reports.
SOURCE Famous Dave's of America
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