
2 Red Robin board members bow out following improvements
Activist investors James Pappas and Chris Martin have exited the board after supporting a turnaround plan that included debt reduction and potential refranchising strategies.
Dave Pace is a person in Burnaze's franchise knowledge graph, mentioned since 2017. 36 stories link here, each summarized from the original publisher.

Activist investors James Pappas and Chris Martin have exited the board after supporting a turnaround plan that included debt reduction and potential refranchising strategies.
Red Robin announces board changes after refinancing with $115 million credit facility.
Red Robin offers free meals to veterans and military members on Veterans Day.
As announced on September 1, 2026, Red Robin completed the substantial majority of the closings under its three refranchising transactions with Op Burgers, LLC, Kuber Oregon, LLC and Kuber Washington, LLC, and Evergreen Dining LLC.

Red Robin Gourmet Burgers has completed the refranchising of 108 corporate-owned locations to three multi-unit operators for $89.4 million to reduce company debt.

Red Robin has completed the sale of 108 company-owned restaurants to three separate buyers.
(NASDAQ: RRGB) ("Red Robin" or the "Company"), a casual dining restaurant chain serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, today announced that it has completed the s
Red Robin partners with The Faris Foundation to support childhood cancer research.

Red Robin has been losing customers for about three years, a result of a tough economic environment that has kept consumers from dining out as much, and the resurgence of a key competitor in Chili’s.

The 500-unit gourmet burger chain reported its best traffic performance since early 2023 following the implementation of its 'First Choice' strategic turnaround plan.
Our second quarter delivered meaningful operating and financial improvement as we continue our disciplined execution of our First Choice plan, said Dave Pace, Red Robin's President and Chief Executive Officer.
"Scott has a proven track record of building iconic brands, connecting with guests and delivering broad-based business results," said Dave Pace, President and CEO of Red Robin.
ENGLEWOOD, Colo., Aug. 10, 2026 // PRNewswire // -- Can't decide between chicken, shrimp or ribs for dinner?

The 500-unit burger chain is introducing Garage Beer, co-owned by Jason and Travis Kelce, to its national menu as part of its ongoing brand turnaround strategy.

Since May, the chain has entered three agreements to offload over 100 restaurants to franchisees as it works to raise capital to pay down debt.

- Finance - Franchising - Casual Dining - News Red Robin to sell 86 restaurants to franchisees for $72.5M The two separate deals are the latest in a refranchising effort at the cas

Red Robin Gourmet Burgers announces refranchising agreements, selling 86 company-owned locations for $72.5 million.
Under the terms of the agreements and following closing, the new franchisees will acquire and operate restaurants in the following markets:

Red Robin sells 30 locations in refranchising deal to Evergreen Dining LLC for $23.5 million.
Under the terms of the agreement, Red Robin will receive $23.5 million in cash.
During the first quarter of 2026, Red Robin delivered continued progress in traffic trends and restaurant-level profitability at levels they haven't achieved in several years, reflecting the growing momentum behind…

The burger chain has named former Bloomin’ Brands executive Mark Graff as chief financial officer to oversee financial strategy and operational planning.
ENGLEWOOD, Colo., April 29, 2026 // PRNewswire // -- Red Robin Gourmet Burgers, Inc.
In mid-2025, Red Robin launched its First Choice strategic plan and saw steady improvement in its business performance throughout the balance of the year.