THE CHEESECAKE FACTORY INCORPORATED (NASDAQ:CAKE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS
On December 8, 2016, the Corporate Governance and Nominating Committee recommended, and the Board of Directors (the “Board”) of The Cheesecake Factory Incorporated (the “Company”) subsequently approved, the appointment of Edie A. Ames effective, December 14, 2016 to fill the vacancy following an increase to the number of seats as described in Item 8.01 below. Ms. Ames will stand for election at the 2017 Annual Meeting of Stockholders.
ITEM 8.01 OTHER EVENTS
On December 9, 2016, the Board increased the number of directors from six to seven, effective December 14, 2016 in accordance with the Company’s By-Laws.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits
99.1 Press release dated December 13, 2016 entitled “The Cheesecake Factory Appoints Edie A. Ames to Board of Directors”
About THE CHEESECAKE FACTORY INCORPORATED (NASDAQ:CAKE)
The Cheesecake Factory Incorporated is engaged in the restaurant and bakery business. The Company operates approximately 200 Company-owned restaurants, including approximately 190 restaurants under The Cheesecake Factory mark and approximately 10 restaurants under the Grand Lux Cafe mark. The Company’s segments include The Cheesecake Factory restaurants, and other, which includes Grand Lux Cafe, RockSugar Pan Asian Kitchen, bakery and international licensing. It operates a restaurant under the RockSugar Pan Asian Kitchen mark. It also operates approximately two bakery production facilities, which produce desserts for its restaurants, international licensees and third-party bakery customers. The Company’s restaurants offer lunch and dinner, as well as Sunday brunch. Its restaurants also offer a bar. Its menu consists of over 200 items in addition to items presented on supplemental menus, such as its SkinnyLicious menu, which offers approximately 50 items. THE CHEESECAKE FACTORY INCORPORATED (NASDAQ:CAKE) Recent Trading Information
THE CHEESECAKE FACTORY INCORPORATED (NASDAQ:CAKE) closed its last trading session down -0.87 at 62.70 with 790,530 shares trading hands.