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Bugaboo appoints chief financial officer.


EAST PROVIDENCE East Providence, city (1990 pop. 50,380), Providence co., E R.I., on the Providence and Seekonk rivers; inc. as a city 1958. It has a petrochemical production facility and is a wholesale and distribution center for petroleum products in the S New England area. , R.I.--(BUSINESS WIRE)--March 15, 1995--Bugaboo Creek House 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
: RARE) has appointed Mark Peterson, senior vice president and chief financial officer of the company.

Robert Stetson, vice chairman of the company, who has been serving as interim chief financial officer, will continue to serve on the board of directors and will assist Edward P. "Ned" Grace, III, president and chief executive officer, with strategic planning and development.

Stetson is the president and chief executive officer of the managing general partner of U.S. Restaurant Properties Master L.P., a New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
 listed company.

Mark Peterson, 44, has a distinguished career in chain restaurant finance and systems. From 1983 to 1994, he served in various financial capacities, including vice president-information services for the General Mills Restaurant Group; senior vice president of financial operations for Red Lobster Restaurants; and vice president-controller for The Olive Garden restaurant division. Peterson was a key member of The Olive Garden management team when The Olive Garden grew from 14 restaurants to 320 restaurants over a six-year period. Prior to General Mills, he was an auditor with Arthur Anderson. Most recently, he has been vice president- controller of Waldenbooks, a subsidiary of Kmart.

Ned Grace commented, "We are delighted to add Mark Peterson to the senior management team. Mark brings a wealth of experience in all areas of restaurant finance. I want to thank Bob Stetson for filling the interim CFO See Chief Financial Officer.  role until we reached sufficient size for a full-time CFO. Bob and I will continue to work closely together on the long-term direction of the company."

Bugaboo Creek Steak House Bugaboo Creek Steak House is an American steak house with locations in ten states. It is decorated as a hunting lodge in the Canadian Rockies and has won numerous 'Best Steak House' awards from CitySearch and AOL.  Inc. operates two restaurant concepts: Bugaboo Creek Steak House, a casual dining restaurant with a Canadian mountain lodge theme; and The Capital Grille, a fine dining restaurant emphasizing dry aged steaks. There are currently nine restaurants, six Bugaboo Creak creak  
intr.v. creaked, creak·ing, creaks
1. To make a grating or squeaking sound.

2. To move with a creaking sound.

n.
A grating or squeaking sound.
 units and three Capital Grille units, open in the states of Massachusetts, Rhode Island Rhode Island, island, United States
Rhode Island, island, 15 mi (24 km) long and 5 mi (8 km) wide, S R.I., at the entrance to Narragansett Bay. It is the largest island in the state, with steep cliffs and excellent beaches.
, Virginia, Connecticut, and in Washington, D.C. Additionally, the company manages three non-owned restaurants on a fee basis.

CONTACT: Bugaboo Creek Steak House Inc.

Edward P. "Ned" Grace, III, 401/433-5500 x120
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 15, 1995
Words:355
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