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Restaurant Industry News
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Friday November 21st, 2008 |
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Curt Glowacki Rejoins Mexican Restaurants, Inc. as Chief Executive Officer
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Mexican Restaurants, Inc. (MRI) (NASDAQ:CASA) Board of Directors announced today that Curt Glowacki has rejoined the Company and has been appointed President, Chief Executive Officer effective immediately. |
Mr. Glowacki succeeds Lou Neeb, who served as interim CEO. Mr. Neeb will continue to serve as the Company's non executive chairman.
'We are delighted that Curt has decided to return to the MRI family. Curt was instrumental over the last 20 years in transforming our organization into a world-class organization, and a growth company. His insights, leadership, and strategic vision will be critical as the organization now positions itself to expand and grow its concepts', stated Lou Neeb on behalf of the Board.
'MRI was a labor of love and it is an honor to be afforded the opportunity to once again lead this great organization. We enjoyed tremendous successes in the past, and I am incredibly excited about working with the employees, its leadership team, and the Board in achieving our growth strategies for the future and in creating shareholder value', said Mr. Glowacki.
About Mexican Restaurants, Inc.
Mexican Restaurants, Inc., based in Houston, Texas, operates 79 Mexican restaurants (60 Company-owned, 18 franchises and one licensed). The current system includes seven brands: Casa Olé, Monterey's Tex Mex Café, Monterey's Little Mexico, Tortuga Mexican Kitchen, Mission Burritos, La Senorita and Crazy Jose's. In 2006 the Company had annual system sales of more than $100 million and Company revenues exceeding $82.0 million.
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