Printer Friendly

CIATTI'S INC. ANNOUNCES RETIREMENT OF WILLIAM C. FERRIL; PHILIP R. DANFORD NAMED INTERIM PRESIDENT AND CHIEF EXECUTIVE OFFICER

 CIATTI'S INC. ANNOUNCES RETIREMENT OF WILLIAM C. FERRIL;


PHILIP R. DANFORD NAMED INTERIM PRESIDENT AND CHIEF EXECUTIVE OFFICER
 MINNEAPOLIS, May 18 /PRNewswire/ -- Ciatti's, Inc. (NASDAQ: CIAT) announced today that William C. Ferril, the company's president and chief executive officer since 1988, is retiring from the company effective immediately. Ferril has agreed to continue as director of the company.
 The company also announced that Philip R. Danford, the company's current executive vice president and chief operating officer, was named interim president and chief executive officer by the board of directors while the company searches for a new president and chief executive officer. Thomas A. Kelm, a director of the company, was named to head a search committee to look for a permanent president and chief executive officer.
 The board of directors, as well, named L.E. "Dan" Danford, Jr. as chairman of Ciatti's.
 In announcing his resignation, Ferril indicated that he had served as president of the company for four years, and during that period the company had grown from a total of five restaurants to its current total of 13 restaurants. The company's newest restaurant, which opened in May, 1992, is located in Woodbury, Minn.
 Philip R. Danford was a founder of the company and has been with the company since 1981. He has served as executive vice president and chief operating officer since 1988.
 Ciatti's, Inc. is a Minneapolis-based company that operates 13 Italian restaurants in Minnesota and Wisconsin.
 -0- 5/18/92
 /CONTACT: Philip R. Danford, interim president and CEO of Ciatti's Inc., 612-941-0108/
 (CIAT) CO: Ciatti's, Inc. ST: Minnesota IN: LEI SU: PER


AH -- NY092 -- 1586 05/18/92 19:49 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:May 18, 1992
Words:275
Previous Article:GEORGIA REGIONAL STOCK REPORT FOR MONDAY, MAY 18
Next Article:UPJOHN ENDORSES FDA ADVISORY COMMITTEE RECOMMENDATIONS ON HALCION
Topics:


Related Articles
CIATTI'S ANNOUNCES RESIGNATION OF DIRECTORS
CIATTI'S ANNOUNCES CHANGE OF AUDITOR
CIATTI'S REPORTS FOURTH QUARTER, FISCAL 1992 RESULTS
CIATTI'S ANNOUNCES CHANGE OF LEGAL DOMICILE, REVERSE STOCK SPLIT
CIATTI'S INC. ANNOUNCES NEW CONCEPT
CIATTI'S, INC., ANNOUNCES REPURCHASE OF SHARES
CIATTI'S ANNOUNCES REPURCHASE OF SHARES
CIATTI'S INC. REPORTS SECOND QUARTER RESULTS
CIATTI'S NAMED BRUEGGER'S FRANCHISEE FOR DALLAS/FORT WORTH MARKET
Ciatti's, Inc. Files Lawsuit Against Bruegger's Franchise Corporation

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters