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CHECKERS DRIVE-IN RESTAURANTS NAMES VICE PRESIDENT-FINANCE, CFO

 CLEARWATER, Fla., Jan. 12 /PRNewswire/ -- N. John Simmons Jr. was announced today as the vice president-finance, chief financial officer, effective Jan. 18, for Checkers Drive-In Restaurants, Inc. (NASDAQ: CHKR) headquartered here. Simmons is a partner with KPMG Peat Marwick, a Big Six accounting firm, and is a prominent civic leader in the Tampa Bay area.
 In making the announcement, founder, president and chief executive officer James E. Mattei said, "John has been an invaluable advisor to Checkers and a key member of the professional team which assisted Checkers in its initial public offering in November 1991 and its secondary offering in May 1992." Simmons has been the lead partner on the Checkers account since Checkers relocated to Clearwater in 1989. As the company's auditor, Simmons has an integral knowledge of Checkers' operations.
 Paul C. Campbell, current chief financial officer, will be the new vice president financial planning and will concentrate his efforts on developing and analyzing financial programs to support Checkers' aggressive growth.
 Checkers, which finished 1992 as one of the over-the-counter market's strongest performers, increased revenues by 118 percent and earnings by 289 percent for the first nine months of 1992 over the comparable period in 1991. Year end 1992 figures have not been released.
 Checkers' system-wide sales through the first nine months ended Sept. 30, 1992 were $117,221,000 compared to $49,523,000 for the same period a year earlier. Company revenues during the same period in 1992 were $43,894,000 with earnings of $7.5 million, up from revenues of $19,511,000 and earnings of $1.9 million a year earlier.
 -0- 1/12/93
 /CONTACT: Herbert G. Brown of Checkers Drive-In Restaurants, Inc., 813-441-3500/
 (CHKR)


CO: Checkers Drive-In Restaurants, Inc. ST: Florida IN: LEI SU: PER

JB-JJ -- FL007 -- 4120 01/12/93 14:36 EST
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Publication:PR Newswire
Date:Jan 12, 1993
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