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Posted 14 July, 2022

DENNY'S Corp appointed new CEO

CEO Change detected for ticker Nasdaq:DENN in a 8-K filed on 14 July, 2022.


  On July 14, 2022, the Board of Directors (the "Board") of the Company increased the size of the Board from nine to ten members and appointed Chief Executive Officer and President, Kelli Valade, to serve as a director of the Company.  

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Overview of DENNY'S Corp
Leisure/Arts/Hospitality • Restaurants
Denny's Corp. engages in the operation of restaurants and franchised, and licensed restaurants. It operates through the Denny's and Other segments. The Denny's segment includes the results of all company and franchised and licensed Denny’s restaurants. The Other segment refers to the results of all company and franchise restaurants. The company was founded by Harold Butler and Richard Jezak in 1953 and is headquartered in Spartanburg, SC.
Market Cap
$479M
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DENNY'S Corp by TradingView
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


On July 14, 2022, the Board of Directors (the "Board") of the Company increased the size of the Board from nine to ten members and appointed Chief Executive Officer and President, Kelli Valade, to serve as a director of the Company. The appointment is effective immediately. Additionally, for so long as she continues to serve as Chief Executive Officer and President, she will be nominated annually to serve as a director, subject to the approval of stockholders at the annual meeting of stockholders. There are no other arrangements between Ms. Valade and any other person pursuant to which Ms. Valade was selected as a director, nor are there any transactions to which the Company or any subsidiary thereof is a party and in which Ms. Valade has a material interest subject to disclosure under Item 404(a) of Regulation S-K. Ms. Valade, as an employee of the Company, is not independent, as defined under the rules used by the NASDAQ Stock Market, and will not serve on any board committees, nor will she receive the compensation paid to non-employee directors.