Bert Vivian Joins Rick Federico as Co-CEO of P.F. Chang's.SCOTTSDALE, Ariz. -- P.F. Chang's China Bistro, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : PFCB) today announced that the Company's President, Robert Vivian, will assume the role of co-CEO along with his longtime friend and business partner, Rick Federico, effective immediately. "Bert and I Bert and I taciturn “down-Easterners.” [Am. Culture: Misc.] See : Taciturnity have always worked as partners, in every sense of what that word means," said Mr. Federico. "Having Bert assume a co-CEO role is merely an institutional recognition of that relationship, while, at the same time, allowing us to allocate CEO-level responsibilities in a way that we think plays to our respective strengths." Mr. Federico will be directly responsible for the operations of the Company's two restaurant brands, P.F. Chang's China Bistro and Pei Wei Pei Wei may refer to:
"Rick and I have worked together for the better part of our professional careers," said Mr. Vivian. "We are both extremely dedicated to the success of our brands, as well as providing a meaningful return to our stockholders, employees and other stakeholders Stakeholders All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government. . I look forward to continuing to work with Rick, the rest of our talented management team and our Board, as we navigate these challenging times and help P.F. Chang's achieve its full potential." Mr. Vivian has served as President of the Company since December 2000. Prior to December 2000, Mr. Vivian served as Chief Financial Officer for the Company since joining P.F. Chang's China Bistro, Inc. in 1996. About P.F. Chang's P.F. Chang's China Bistro, Inc. owns and operates two restaurant concepts in the Asian niche. P.F. Chang's China Bistro features a blend of high-quality, traditional Chinese cuisine Chinese cuisine (Chinese: 中國菜) originated from different regions of China and has become widespread in many other parts of the world — from East Asia to North America, Australasia and Western Europe. and American hospitality in a sophisticated, contemporary bistro setting. Pei Wei Asian Diner offers a modest menu of freshly prepared Asian cuisine Asian cuisine is a term sometimes used in the West as an umbrella term for the various cuisines of East Asia and Southeast Asia and for fusion dishes based on combining them. It does not usually include Polynesian, Central Asia or Middle Eastern cuisine. in a relaxed, warm environment offering attentive counter service and take-out Take-out A cash surplus generated by the sale of one block of securities and the purchase of another, e.g., selling a block of bonds at 99 and buying another block at 95. Also, a bid made to a seller of a security that is designed (and generally agreed) to take the seller out of flexibility. |
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