Group 1 - The Chief Financial Officer of Ring Energy, Inc., Travis T. Thomas, has resigned effective immediately to pursue other opportunities, and his resignation was not due to any disagreements with the company [1] - Rocky Kwon, the Vice President of Accounting, has been appointed as the Interim Chief Financial Officer while the company searches for a new CFO; Kwon has been with Ring since 2021 and has extensive financial leadership experience [2] - Paul D. McKinney, the Chairman and CEO, expressed confidence in the company's financial goals and thanked Thomas for his five years of service, emphasizing the company's commitment to shareholder value and debt reduction [3] Group 2 - Ring Energy, Inc. is focused on oil and gas exploration, development, and production, with current operations centered on its Permian Basin assets [4]

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]