Wingstop Inc. (NASDAQ:WING) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
On May 23, 2017, Michael F. Mravle informed the Company of his intention to resign his position as Chief Financial Officer, effective June 23, 2017, to pursue a role in a privately held company. The Company wishes to express sincere thanks and appreciation to Mr. Mravle for his service, and our hope for his success in his next role. Mr. Mravle will be working with the Company up to his departure date to help ensure continuity and an effective transition. At this time, the Company has not announced a successor.
About Wingstop Inc. (NASDAQ:WING)
Wingstop Inc. is a franchisor and operator of restaurants that specialize in cooked-to-order, hand-sauced and tossed chicken wings. The Company offers its guests with over 11 flavors on bone-in and boneless chicken wings paired with hand-cut, seasoned fries and sides. It is a casual chicken wings-focused restaurant chain with various concepts, which include wings as add-on menu items or focus on wings in a bar or sports-centric setting. The flavors include Atomic, Mango Habanero, Cajun, Louisiana Rub, Mild, Hickory Smoked BBQ, Lemon Pepper, Garlic Parmesan, Hawaiian and Teriyaki. It offers various order options, including eat-in, to go, individual, combo meals and family packs. It operates through two segments: Franchise and Company. The Franchise segment consists of its domestic and international franchise restaurants, which represent the majority of its system-wide restaurants. The Company segment consists of company-owned restaurants, which are located only in the United States. Wingstop Inc. (NASDAQ:WING) Recent Trading Information
Wingstop Inc. (NASDAQ:WING) closed its last trading session down -0.12 at 29.72 with 519,633 shares trading hands.
