James C. Pappas, Chairman of the Board – Mr. Pappas is Managing Member of JCP Investment Management, LLC and has significant experience in the valuation and management of investment securities as well as experience in investment banking and corporate finance from his career with major investment banking firms. He has concentrated much of his efforts in the restaurant and retail business sectors and possesses a thorough understanding of the restaurant business in addition to his expertise in corporate finance. Mr. Pappas has been a director since 2012 and is Chairman of both the Executive and the Compensation and Leadership Committees of the Board.
James J. Liguori, President and Chief Operating Officer – Mr. Liguori has been an officer and director of the Company since 1984 and has been responsible for all aspects of restaurant operations. He has expertise in restaurant operations, marketing and the operations of the franchisors.
Marilyn A. Eisele – Ms. Eisele is currently President and Chief Financial Officer, NDI Medical, LLC (medical device commercialization firm) and has served as chief financial officer of both public and privately held businesses, primarily in manufacturing, advanced materials, technology and the retail industries. She also has a background in public accounting with a national accounting firm and maintains an active CPA license in Ohio. Her education and experience give her strong expertise in the areas of operations and finance, including the raising of capital. Ms. Eisele has been a director since 2011, serves on the Compensation and Leadership Committee and is Chairperson of the Audit Committee of the Board.
Jefferson P. Gramm – Mr. Gramm has been a Managing Director, Managing Partner and Portfolio Manager of Bandera Partners LLC, a value-oriented investment partnership, and Bandera Partners Management LLC, an affiliate general partner entity, since August 2006. Previous to Bandera Partners, Mr. Gramm was a Managing Director of Arklow Capital, LLC, a hedge fund manager focused on distressed and value investments. Mr. Gramm’s experience in finance, especially in areas of distressed and value investments are of great value to the Company in reviewing acquisition targets and negotiating and completing potential acquisitions. Mr. Gramm has been a director since April, 2013 and serves on both the Executive and the Compensation and Leadership Committees of the Board.
Steven S. Kaufman – Mr. Kaufman is Managing Member, Kaufman & Company, LLC and has been a practicing attorney for many years, both as the head of a regional practice and a partner in a national law firm and member of its executive committee. He has strong expertise in the areas of risk management, conflict resolution and finance as well as business law and litigation. Mr. Kaufman has been a director since 1989 and serves on both the Audit and Compensation and Leadership Committees of the Board.
Bernard Lerner – Mr. Lerner is Chief Executive Officer, Automated Packaging Systems, Inc. and also a founder of the multi-national producer of packaging materials and machinery. He brings to the Board of Directors expertise in all areas of business operations including human resources, administration and finance. Mr. Lerner has been a director since 1989 and serves on the Audit Committee of the Board..
Jacob J. Saour – Mr. Saour is an Associate Director in the Capital Markets Group of Cushman & Wakefield, a global real estate services firm based in New York. Prior to his current position, Mr. Saour worked for Houlihan Lokey, a Los Angeles based global investment bank, in the Tangible Asset Group. Mr. Saour’s interdisciplinary knowledge of real estate, capital markets, finance and investments will allow him to contribute helpful insight in overseeing Company’s real estate holdings. Mr. Saour has been a director since July 2013 and serves on the Compensation and Leadership Committee of the Board.