Steak n Shake Company Chairman Alan Gilman to Assume Interim Role as President and CEO
August 13 2007 - 3:57PM
PR Newswire (US)
INDIANAPOLIS, Aug. 13 /PRNewswire-FirstCall/ -- The Steak 'n Shake
Company (NYSE:SNS) announced today that Chairman of the Board, Alan
Gilman, has taken on expanded responsibility, becoming the interim
President and Chief Executive Officer. Mr. Gilman joined Steak n
Shake as President and CEO in 1992 after a long and distinguished
career in executive positions with Federated Department Stores. Mr.
Gilman has served as Chairman of the Board since August, 2003.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000606/STEAKLOGO )
Peter Dunn, President and CEO, after five years in this role, has
notified the Company that he has decided to resign as an officer
and director effective immediately to pursue other interests. Mr.
Dunn stated, "I appreciate my time with Steak n Shake and believe
it is an outstanding brand with a strong future." Mr. Gilman
thanked Mr. Dunn for his contributions to Steak 'n Shake stating,
"We appreciate the hard work and dedication Peter gave to the
Company." In taking over leadership, Mr. Gilman remarked, "We are
fortunate to have a strong and experienced financial and operations
team in place, and we are confident that we will be able to
accomplish a seamless transition. As the Company moves forward the
focus will remain on providing outstanding service and quality food
to its guests." Steak 'n Shake is a full service, casual dining
restaurant serving a core menu of its famous STEAKBURGER(TM)
sandwiches, thin 'n crispy French fries, old fashioned hand-dipped
milk shakes, chili, home style soups, fresh salads, a variety of
desserts and breakfast. All of the food is prepared to the guest's
order and served by friendly, well-trained associates. Steak n
Shake restaurants feature full-service dining areas, counter
service and drive-thru windows and are open 24 hours a day, seven
days a week. http://www.newscom.com/cgi-bin/prnh/20000606/STEAKLOGO
http://photoarchive.ap.org/ DATASOURCE: The Steak 'n Shake Company
CONTACT: Linda Jackson, +1-317-439-2252, , or Wendy Mehringer,
+1-317-840-8424, , both of Borshoff Johnson Matthews,
+1-317-631-6400; Brad Cohen of ICR, Inc., +1-203-682-8211, Mobile,
+1-203-247-5496, Fax, +1-203-222-9372, ; Bill Harnew of The Steak n
Shake Company, +1-317-633-4100, fax, +1-317-633-4105, Web site:
http://www.steaknshake.com/
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