Business Context and Reporting Period
This Form 8-K was filed by Red Robin Gourmet Burgers, Inc. on October 16, 2012. The report discloses a corporate governance event regarding the appointment of a senior executive officer.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and contains no financial performance data.
Material Changes
The material change reported is the appointment of Terry Harryman as Vice President, Chief Accounting Officer, and Controller, effective October 29, 2012. Mr. Harryman will report to Stuart B. Brown, the Company's Chief Financial Officer and Senior Vice President.
Management Commentary and Risks
Management highlighted Mr. Harryman's extensive background, including his previous role as vice president and controller for SONIC Drive-In, where he managed accounting functions and internal controls. The filing explicitly states there are no related party transactions, no special arrangements regarding his appointment, and no familial relationship between Mr. Harryman and any current directors or executive officers.
Investor Verification Checklist
- Confirm the effective date of the new Controller's appointment (October 29, 2012).
- Verify the reporting line to the Chief Financial Officer, Stuart B. Brown.
- Review the candidate's prior experience at SONIC Drive-In and his CPA certification.
- Confirm the absence of related party transactions or undisclosed compensation arrangements.