O'Charley's Inc. (NASDAQ/NM:CHUX) announced that Steven J. Hislop, currently the Company's president and chief operating officer, has been named concept president - O'Charley's, effective May 1, 2005. The Company has no immediate plans to fill Mr. Hislop's previous positions.
Mr. Hislop has been president of O'Charley's Inc. since May 1999. He joined the Company in 1988 as director of operations and was named executive vice president and chief operating officer in March 1997.
Gregory L. Burns, chairman and chief executive officer of O'Charley's Inc., noted, "To ensure that we have a long-term approach appropriate to running a multi-concept, vertically-integrated enterprise, our strategic planning has focused on how to best grow our company and allocate the resources necessary to produce long-term growth and returns for our shareholders. Steve's leadership of the O'Charley's concept is consistent with these strategic plans. He has successfully overseen the O'Charley's concept for a number of years, and we are very confident that Steve's experience will continue to position O'Charley's for new growth opportunities in the future."
O'Charley's Inc. operates 224 company-owned O'Charley's restaurants in 16 states in the Southeast and Midwest, with two franchised O'Charley's restaurants in Michigan. An O'Charley's restaurant in Louisiana is operated by a joint venture in which the Company has an ownership interest.
