Denny's Corporation Appoints New Board Chair; Debra Smithart-Oglesby to Succeed Robert E. Marks.SPARTANBURG, S.C. -- Please replace the release dated May 24, 2006 with the following corrected version due to multiple revisions. The corrected release reads: DENNY'S CORPORATION APPOINTS NEW BOARD CHAIR; DEBRA DEBRA Dystrophic Epidermolysis Bullosa Research Association of America SMITHART-OGLESBY TO SUCCEED ROBERT E. MARKS The Board of Directors for Denny's Corporation (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 :DENN) named Debra Smithart-Oglesby as Board Chair following its Annual Meeting held today in Spartanburg, S.C. A 15-year finance and food service veteran, Smithart-Oglesby has served as CFO See Chief Financial Officer. of Brinker International, Inc. and is a board member for Noodles & Company. She is currently president of O/S Partners, an investment capital and consulting services firm. She succeeds Robert E. Marks, who continues to serve on the Board. "Since I became a Denny's board member in 2003, I've had the pleasure of working with Directors and Management in the turnaround of the company and in helping Denny's achieve a more manageable capital structure. I look forward to playing an integral role in Denny's achieving future success as a great restaurant operating company operating company A business that engages in transactions with outsiders. ," said Smithart-Oglesby. Denny's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and President Nelson J. Marchioli stated: "As we transition Denny's into the next phase of growth, Debra will be a tremendous advantage with her financial and restaurant background. Her experience with franchisees will be invaluable as Denny's continues to strengthen and grow its franchise base and move the brand forward in a profitable direction." "Our sincere appreciation is extended to Rob Marks for his leadership as Chair during the past two years and his continued service as Chair of the company's Audit and Finance Committee," Marchioli added. Smithart-Oglesby earned a master's in business administration from Southern Methodist University Southern Methodist University, at Dallas, Tex.; United Methodist; coeducational; chartered 1911. The school's facilities include laboratories for electron microscopy and stable isotopes, a museum of paleontology, and a graduate research center. and holds a bachelor's degree in accounting from the University of Texas at Arlington For other system schools, see University of Texas System. History Established in 1895 as Arlington College, it was renamed Carlisle Military Academy (1902), Arlington Training School (1913), and Arlington Military Academy (1916). . About Denny's: Denny's is America's largest full-service family restaurant chain, consisting of 544 company-owned units and 1,030 franchised and licensed units, with operations in the United States, Canada, Costa Rica, Guam, Mexico, New Zealand and Puerto Rico. The company's stock is traded under the ticker "DENN," and additional information is available on Denny's web site at www.dennys.com. |
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