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Famous Dave's of America Inc. Message Board

  • casual_observer_27 casual_observer_27 Mar 12, 2014 11:09 AM Flag

    Announcement coming?

    Chris O'Donnell was terminated as President and COO effective end of March. Soon the company will announce their replacement for this position. While Ed Rensi has been named interim CEO and may be instrumental in developing a growth plan for Famous Dave's, I doubt that he will replace O'Donnell. Activist hedge fund managers Patrick Walsh and Adam Wright have made bold changes in this company because they have large investments in the company compared to the previous management which mostly looked to line their own pockets. I predict they will make another bold choice to head this company as President and COO. When that announcement, I would not want to be short this stock.

    Sentiment: Strong Buy

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