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Famous Dave's of America Inc. Message Board

  • casual_observer_27 casual_observer_27 Jul 28, 2014 1:04 PM Flag

    DAVE going private

    Before the last post was deleted, the question came up on whether DAVE will be going private. For me, that is a foregone conclusion. Why else bring in a retired CEO of McDonalds and a new CFO which has a history of acquisitions in the restaurant industry. These guys are not going to stick around. They're going to make the company as profitable as they can before selling. Every board member who has been replaced over the last year mostly by hedge fund managers who have no intention of staying on long term. Here is the background on the CFO: 'Pawlowski has experience in acquisition and turnaround strategies, particularly with regard to restaurant companies, and was most recently CEO and co-founder of Capitol C Holdings, LLC, a restaurant development, acquisition and operating company. Previously, Richard worked with Bain & Company. Richard earned his MBA from Harvard Business School and undergraduate degree in Engineering in Metallurgy, Economics and Management from the University of Oxford. '

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DAVE
26.66+0.22(+0.83%)Sep 18 3:59 PMEDT

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