Chief operating officer leaves Schlotzsky's Inc.AUSTIN, Texas--(BUSINESS WIRE)--April 25, 1996--Jack Morgan Morgan, American family of financiers and philanthropists. Junius Spencer Morgan, 1813–90, b. West Springfield, Mass., prospered at investment banking. resigned as chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Schlotzsky's Inc., the company announced Thursday. He left to pursue other interests. Morgan, a member of Schlotzsky's Inc.'s board of directors, whose term would have expired ex·pire v. ex·pired, ex·pir·ing, ex·pires v.intr. 1. To come to an end; terminate: My membership in the club has expired. 2. in May of this year, also resigned that position. Morgan, who was with the company for two years, previously was chief financial officer of Schlotzsky's Inc., and was appointed COO (Cell Of Origin) See mobile positioning. in January of 1996. His duties will be divided between John C. Wooley, Schlotzsky's president and chief executive officer for the past 15 years, and Darrell Kolinek, senior vice president for Franchise Services and a Schlotzsky's veteran of over 16 years. CONTACT: Schlotzsky's Inc., Austin Laura Bernstein, 512/469-7592 |
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