Appointment of Andre Fernandez, Hal Lawton and Harmit Singh Brings
Diverse Experience and New Perspectives to Board
MINNEAPOLIS–(BUSINESS WIRE)–Buffalo Wild Wings, Inc. (NASDAQ:BWLD) today announced the appointment
of three new independent directors to the Company’s Board of Directors.
Andre Fernandez, president of CBS RADIO, Hal Lawton, senior vice
president of North America at eBay, Inc., and Harmit Singh, executive
vice president and chief financial officer of Levi Strauss & Co., will
join the Company’s Board, effective immediately.
“We are delighted to add Andre, Hal and Harmit to our Board of
Directors. They are all highly respected leaders with key expertise,
strong values and significant financial acumen,” said Sally Smith,
president and chief executive officer. “Their appointments underscore
our commitment to proactive Board refreshment, strong corporate
governance and independence and diversity across our Board. We look
forward to working with Andre, Harmit and Hal and are confident that
their insight will benefit Buffalo Wild Wings as we continue to drive
value for our shareholders.”
Mr. Fernandez, Mr. Lawton and Mr. Singh are expected to stand for
reelection at the Company’s 2017 Annual Meeting of Shareholders. With
these appointments, Buffalo Wild Wings has expanded its Board from eight
to nine members, eight of whom are independent and five of whom have
been added in the past six years. In connection with the Board
refreshment process, current directors Dale Applequist and Warren Mack
have each decided to advance their planned retirements from the Board,
respectively, such that they are effective immediately.
“On behalf of the Buffalo Wild Wings Board, I’d like to thank Dale
and Warren for their many years of service and dedication to the
Company. Their decision to retire early upon our identification of three
new, highly-qualified directors demonstrates their commitment to
enhancing Buffalo Wild Wing’s governance through refreshment. Dale and
Warren have been instrumental in creating the strong brand that Buffalo
Wild Wings is today, and the Company is better for their
service,” said James Damian, Chairman of the Board of Buffalo Wild Wings.
About Andre Fernandez
Andre Fernandez, age 48, is the president of CBS RADIO. In this role,
Mr. Fernandez is responsible for the overall direction and management of
the company, which includes 117 over-the-air radio stations in 26 major
markets. Prior to joining CBS RADIO in April 2015, Mr. Fernandez served
as the president and chief operating officer of Journal Communications,
Inc. Previously, Mr. Fernandez served in a number of leadership roles of
increasing responsibility at the General Electric Company, including
chief financial officer of Telemundo Communications, a Spanish language
broadcast television network; chief financial officer and controller of
GE Latin America; and chief financial officer of GE Digital Energy.
Additionally, Mr. Fernandez has been named to Billboard’s “Power 100
list” which recognizes the most influential executives in the music
industry, and in July 2016, he was ranked the second most powerful
person in radio on Radio Ink’s “40 Most Powerful People in Radio” list,
up from number five in 2015. Mr. Fernandez currently serves as Vice
Chairman of the Board at Froedtert Health and he is on the board of the
National Association of Broadcasters. Mr. Fernandez graduated cum laude
from Harvard University with a degree in economics.
About Hal Lawton
Hal Lawton, age 42, is the senior vice president of North America at
eBay, Inc. At eBay, Mr. Lawton’s responsibilities include all functions
for the Americas business unit, including merchandising, marketing,
operations, business selling, consumer selling, global shipping, global
payments and global customer experience. Before joining eBay in 2015,
Mr. Lawton held a number of leadership positions at Home Depot, Inc.,
including senior vice president of merchandising of hardlines and senior
vice president and president of the Company’s online business. Mr.
Lawton earned a Bachelor of Science in Chemical Engineering and Pulp and
Paper Science from North Carolina State University before pursuing a
Master of Business Administration from the Darden Graduate School of
Business at the University of Virginia.
About Harmit Singh
Harmit Singh, age 53, is the executive vice president and chief
financial officer of Levi Strauss & Co. In this role, he is responsible
for managing the company’s finance, information technology, strategic
sourcing and global business services functions globally. Prior to
joining Levi Strauss & Co. in January 2013, Mr. Singh served as chief
financial officer of Hyatt Hotels Corporation. Before Hyatt Hotels
Corporation, Mr. Singh held various global leadership roles at Yum!
Brand foods, including chief financial officer of Pizza Hut. Mr. Singh
holds a Bachelor of Commerce from Shri Ram College of Commerce, Delhi
University, and is a Chartered Accountant from India. He is also a
member of the CNBC Global CFO Council and Wall Street Journal CFO
About the Company
Buffalo Wild Wings, Inc., founded in 1982 and headquartered in
Minneapolis, is a growing owner, operator and franchisor of Buffalo Wild
Wings® restaurants featuring a variety of boldly-flavored, made-to-order
menu items including its namesake Buffalo, New York-style chicken wings.
The Buffalo Wild Wings menu specializes in 21 mouth-watering signature
sauces and seasonings with flavor sensations ranging from Sweet BBQ™ to
Blazin’®. Guests enjoy a welcoming neighborhood atmosphere that includes
an extensive multi-media system for watching their favorite sporting
events. Buffalo Wild Wings is the recipient of hundreds of “Best Wings”
and “Best Sports Bar” awards from across the country. There are
currently more than 1,190 Buffalo Wild Wings locations around the world.
To stay up-to-date on all the latest events and offers for sports fans
and wing lovers, like Buffalo Wild Wings on Facebook, follow @BWWings on
Twitter and visit www.BuffaloWildWings.com.
Statements in this press release constitute forward-looking statements
for purposes of the Safe Harbor provisions under the Private Securities
Litigation Reform Act of 1995. These statements relate to terms of
service and future nominees for election to serve as directors of the
Company. All statements other than statements of historical fact are
statements that could be deemed forward-looking statements and are based
upon the current beliefs and expectations of our management. We have
attempted to identify forward-looking statements by words such as,
“intends,” “may,” and other comparable terminology. Actual results may
vary materially from those contained in forward-looking statements based
on a number of factors, including, but not limited to, the factors
disclosed from time to time in our filings with the U.S. Securities and
Exchange Commission, including the factors described under “Risk
Factors” in Part I, Item 1A of our Annual Report on Form 10-K for the
fiscal year ended December 27, 2015, as updated in subsequent reports
filed with the SEC. Investors should take such risks into account when
making investment decisions. Shareholders and other readers are
cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date on which they are made. We
undertake no obligation to update any forward-looking statements.
Buffalo Wild Wings, Inc.
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