BJ's Restaurants CEO Levin steps down; ex-Darden CFO to lead on interim basis
By Mark R. Long
BJ's Restaurants said its chief executive Gregory S. Levin has stepped down, and that board member and former Darden's Restaurants' Chief Financial Officer C. Bradford Richmond has taken over as interim CEO.
Richmond joined BJ's board in February and will continue to serve on it during his appointment, the company said on Wednesday. Levin was named CEO in 2021. He will be leaving his position on the board as well, effective Wednesday.
BJ's Board Chair Lea Anne S. Ottinger thanked Levin for his 19 years of service with the company, saying he was instrumental in chain's expansion to 217 restaurants in 19 states, as well as stabilizing it during the past few tumultuous years.
Shares of BJ's (BJRI) were down 30 cents to $31.65 in after-hours trading. The shares are down about 11% this year.
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08-28-24 1802ET
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