Bloomin’ Brands Announces Board Changes
28 Agosto 2023 - 8:15AM
Business Wire
Rohit Lal Appointed New Independent
Director
R. Michael Mohan Named Chairman; Jim Craigie
Retires as Chairman and Director
Bloomin’ Brands, Inc. (NASDAQ: BLMN) today announced that Rohit
Lal, who currently serves as Executive Vice President and Chief
Information Officer for Saia Inc., has joined the company’s Board
of Directors. In addition, R. Michael Mohan, who has served as a
Director since 2017, has been named Chairman of the Board. Mohan
succeeds Jim Craigie, who has retired as Chairman and as a Director
after 10 years of service to Bloomin’ Brands. These appointments
are part of the Company’s ongoing Board refreshment and succession
planning, and its commitment to good corporate governance.
“I’m honored to assume the role of Chairman and I look forward
to continuing to work closely with my fellow directors and the
leadership team in supporting the company’s initiatives to elevate
the customer experience, deliver sustainable sales and profit
growth and drive shareholder value,” said Mohan. “On behalf of the
entire Board, I am grateful to Jim for his leadership and many
valuable contributions to Bloomin’ Brands over the past
decade.”
Mohan added, “Rohit’s expertise in the areas of digital, supply
chain logistics and cybersecurity complements our current Board
composition. All three areas play a pivotal role in growing our
dynamic brands and we are excited to benefit from his additional
perspectives.”
David Deno, Chief Executive Officer, said, “Rohit’s proven
success will help guide the digital transformation we have
underway. We look forward to his insights and expertise as we
continue to drive strategies that maximize customer-facing
experiences. I would also like to express my sincere appreciation
for Jim’s guidance and commitment and welcome Mike as our new Board
Chairman.”
Lal currently leads IT teams in enterprise-wide solutions from
applications to analytics in his role as Executive Vice President
and Chief Information Officer for Saia. Lal is an expert in
transforming IT systems and cultures and ensuring IT solutions and
data-driven decisions become competitive tools to enable and
advance an organization’s strategic objectives. He brings
experience in designing and implementing solutions focused on
customer satisfaction, productivity, and asset utilization. Prior
to Saia, Lal held the role of Director, Enterprise Architecture for
CONA Services, an IT shared services company owned by the 11
largest Coca-Cola Bottlers in North America.
Mohan was appointed to the Board in 2017. He currently serves as
Chairman of the Compensation Committee and is a member of the
Nominating and Corporate Governance Committee. He served as
President and Chief Operating Officer and in various other
executive roles in merchandising and marketing during his nearly
18-year tenure at Best Buy Co., Inc. Mohan is an operations expert,
with significant experience in retail management and digital
marketing, as well as a deep understanding of Bloomin’ Brands’
dynamic family of brands, its guests, and its go-forward
strategy.
About Bloomin’ Brands, Inc.
Bloomin' Brands, Inc. is one of the largest casual dining
restaurant companies in the world with a portfolio of leading,
differentiated restaurant concepts. The Company has four
founder-inspired brands: Outback Steakhouse, Carrabba's Italian
Grill, Bonefish Grill and Fleming’s Prime Steakhouse and Wine Bar.
The Company owns and operates more than 1,450 restaurants
throughout 47 states, Guam and 13 countries, some of which are
franchise locations. For more information, please visit
bloominbrands.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230825089242/en/
Cathie Koch Group Vice President, Corporate Affairs (813)
830-5127
Bloomin Brands (NASDAQ:BLMN)
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