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Red Robin Gourmet Burgers, Inc. Announces Leadership Transition

Core Viewpoint - G.J. Hart will step down as President and CEO of Red Robin Gourmet Burgers after a transformative tenure, with David A. Pace appointed as his successor, and Anthony S. Ackil taking over as Chairman of the Board [1][2][3] Leadership Transition - David A. Pace, previously Chairman of the Board, will assume the role of President and CEO immediately, focusing on the next phase of the company's transformation [2][5] - Anthony S. Ackil will succeed David A. Pace as Chairman of the Board, effective immediately [3] G.J. Hart's Contributions - G.J. Hart has been with the company for five-and-a-half years, successfully implementing measures to enhance guest experience and transform Red Robin into an operations-focused restaurant [1] - Under Hart's leadership, the company has made significant strides in improving food quality and service, establishing a strong foundation for future growth [4][6] David A. Pace's Background - David A. Pace brings 35 years of leadership experience in the food, beverage, and retail industries, having previously served as Co-CEO of Tastemaker Acquisition Corporation and CEO of Jamba Juice, where he tripled profit performance [5][7] - Pace's extensive industry expertise positions him well to lead Red Robin through its ongoing transformation [5] First Quarter 2025 Outlook - The company expects first quarter comparable restaurant sales to increase approximately 3% and anticipates Adjusted EBITDA to exceed the previously communicated range of $18 million to $19 million [6]