SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 29, 2016
BRINKER INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
Delaware | 1-10275 | 75-1914582 | ||
(State of Incorporation) | (Commission File Number) | (IRS Employment Identification No.) | ||
6820 LBJ Freeway
Dallas, Texas 75240
(Address of principal executive offices)
Registrant’s telephone number, including area code 972-980-9917
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425).
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12).
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)).
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).
Item 5 - Corporate Governance and Management
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On June 29, 2016, Brinker International, Inc. ("Company") announced that effective June 30, 2016, Kelli Valade will become the President of Chili's Grill & Bar. Mr. Roberts will continue in his role as President and Chief Executive Officer of the Company. Ms. Valade joined the Company in November 1996 serving as Director of Human Resources for On the Border Mexican Grill & Cantina until 2001, and as Vice President for Emerging Brands and Corporate Human Resources from 2002 to 2008, and as Senior Vice President of Chili's Grill & Bar and On the Border PeopleWorks and Brinker Shared Services from October 2008 to July 2009, and as Executive Vice President and Chief Operating Officer for Chili's Grill & Bar from July 2009 to June 2016.
Additionally, Mr. Roger F. Thomson, a named executive officer, retired from the Company on June 30, 2016 as previously announced on August 24, 2015.
Item 9 - Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
99.1 Press Release dated June 29, 2016
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
BRINKER INTERNATIONAL, INC. | ||
Date: June 30, 2016 | By: | /s/ Wyman T. Roberts |
Wyman T. Roberts, President and Chief Executive Officer | ||
2
Exhibit 99.1
Brinker International Names Kelli Valade as President of Chili's
DALLAS, June 29, 2016 -- Brinker International, Inc. (NYSE:EAT), today announced Kelli Valade has been named President of Chili's® Grill & Bar. In this role, Valade will be responsible for overseeing all aspects of domestic restaurant operations, marketing, franchising and PeopleWorks for the brand.
“Six years ago, we tapped Kelli to lead the change to become a more accountable organization. Through our evolution to a culture of accountability, Kelli and our restaurant leadership teams have achieved unprecedented improvements in restaurant margins and guest satisfaction scores. They did it by lowering costs while balancing an improved and consistent guest experience that enabled us to deliver a compelling value proposition,” said Wyman Roberts, CEO and President of Brinker International. “We are confident Kelli’s experience, leadership and exceptional restaurant operations team will continue to deliver on our key initiatives to drive a truly differentiated experience for our guests and shareholders.”
With 20 years of experience at Brinker International, Valade has held multiple leadership roles in PeopleWorks and operations and most recently served as Executive Vice President and Chief Operating Officer for Chili’s. Prior to joining Brinker International, Valade held a human resources position at Carlson Restaurants Worldwide.
Doug Comings has been named Valade's successor as Senior Vice President and Chief Operating Officer for Chili's. In this role, Comings will oversee operations for all Chili’s domestic restaurants. Previously, Comings served in a dual capacity as Vice President of Domestic Franchise and Regional Vice President for Chili’s. In this position, he oversaw operations for over 570 company-owned and franchised restaurants, including new restaurant development and franchisee relationships and agreements. Doug began his career with Brinker International in 1994 as a Chili’s server and over the past 22 years has grown into various operations leadership roles.
Brinker International, Inc. is one of the world's leading casual dining restaurant companies. Founded in 1975 and based in Dallas, Texas, as of March 23, 2016, Brinker owned, operated, or franchised 1,647 restaurants under the names Chili's® Grill & Bar (1,596 restaurants) and Maggiano's Little Italy® (51 restaurants).