An announcement from BJ’s Restaurants (BJRI) is now available.
BJ’s Restaurants, Inc. has appointed C. Bradford Richmond as Interim Chief Executive Officer, a seasoned executive with prior CFO experience at Darden Restaurants and strategic roles at Red Lobster and Olive Garden. Richmond’s one-year interim tenure includes a monthly cash compensation, housing allowance, and an equity grant that vests upon his service termination. Simultaneously, Gregory S. Levin has departed as CEO and President, a decision unrelated to any company disagreement. Richmond’s appointment and Levin’s departure reflect strategic leadership changes within the company.
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