UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 


 

FORM 8-K

 


 

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): August 14, 2014

 


 

IGNITE RESTAURANT GROUP, INC.

 (Exact name of registrant as specified in its charter)

 


 

Delaware

 

001-35549

 

94-3421359

(State or other jurisdiction of
Company or organization)

 

(Commission File Number)

 

(I.R.S. Employer
Identification No.)

 

9900 Westpark Drive, Suite 300, Houston, Texas

 

77063

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: (713) 366-7500

 

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 


 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

               Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

               Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

               Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

               Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 
 

 

 

Item 5.02     Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

(d) On August 14, 2014, the Board of Directors of the Ignite Restaurant Group, Inc. (the “Company”) appointed Shauna Ryan King to the Board of Directors as an additional director to serve as a Class I director with a term to expire at the 2016 annual stockholders meeting. There are no arrangements between Ms. King and any other person pursuant to which Ms. King was selected as a director.

 

Ms. King currently serves as Vice President, Finance and Business Operations for Yale University, a position she has held since 2006, where her responsibilities include Strategic and Financial Planning, Capital and Operating Budgeting, Departmental Business Operations, Information Technology, Dining Operations, Shared Services and Procurement. Prior to her role at Yale University, Ms. King provided management, financial and operations consulting to select clients with SKing Consulting from 2003 to 2006, as well as from 1994 to 1998. Between her consulting endeavors, Ms. King held numerous leadership positions at PepsiCo, Inc., including Chief Transformation Officer; President, PepsiCo Shared Services and Global Information Officer; Vice President and General Manager, Club Channel and Vice President, Field Finance at Frito-Lay, Inc. Prior to these roles, Ms. King held various business development, finance and marketing related roles at PepsiCo Food Systems, Frito-Lay, Inc. and PepsiCo Bottling Group, in addition to starting her career as a CPA at Price Waterhouse. Ms. King graduated magna cum laude with a BS in Psychology from St. Lawrence University followed by an MBA from Cornell University and an Honorary Masters Degree from Yale University.

 

In connection with her service on the Board of Directors, Ms. King will enter into an Indemnification Agreement with the Company, a form of which was previously filed as Exhibit 10.12 to Amendment No. 7 to the Company’s Registration Statement on Form S-1 filed on May 8, 2012.

 

A copy of a press release announcing Ms. King’s appointment is attached hereto as Exhibit 99.1 and incorporated by reference herein.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits.

 

99.1 Press release dated August 20, 2014

 

 

 

 

Signatures

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

Date: August 20, 2014

 

 

 

IGNITE RESTAURANT GROUP, INC.

 

 

 

 

By:

/s/ Michael J. Dixon

 

 

Michael J. Dixon

 

 

President and Chief Financial Officer

 

3


ex99-1.htm

Exhibit 99.1

 

 

 

For Immediate Release

 

 

 

Ignite Restaurant Group Appoints Shauna Ryan King to Board of Directors

 

 

HOUSTON--August 20, 2014 - Ignite Restaurant Group (Nasdaq: IRG), today announced the appointment of Shauna Ryan King to its Board of Directors, effective August 14, 2014.

 

Ms. King currently serves as Vice President, Finance and Business Operations for Yale University, a position she has held since 2006, where her responsibilities include Strategic and Financial Planning, Capital and Operating Budgeting, Departmental Business Operations, Information Technology, Dining Operations, Shared Services and Procurement. Prior to her role at Yale University, Ms. King provided management, financial and operations consulting to select clients with SKing Consulting from 2003 to 2006, as well as from 1994 to 1998. Between her consulting endeavors, Ms. King held leadership positions at PepsiCo, Inc., including Chief Transformation Officer in 2003, and President, PepsiCo Shared Services and Global Information Officer from 2000 to 2003. She also held the positions of Vice President and General Manager, Club Channel and Vice President, Field Finance at Frito-Lay, Inc. Prior to these roles, Ms. King held various business development, finance and marketing related roles at PepsiCo Food Systems, Frito-Lay, Inc and PepsiCo Bottling Group, in addition to starting her career at Price Waterhouse.

 

Ray Blanchette, Chief Executive Officer of Ignite Restaurant Group, stated, “I am very pleased to welcome Shauna to the Ignite Board of Directors. Throughout her successful career, she has proven to possess a broad set of skills, which have allowed her to tackle complex issues and improve productivity at a number of businesses and institutions. Her business acumen and leadership will no doubt prove valuable for the entire Ignite organization.”

 

 

About Ignite Restaurant Group

Ignite Restaurant Group, Inc. (NASDAQ: IRG) owns and operates over 300 restaurants throughout the U.S. Headquartered in Houston, Ignite's portfolio of restaurant concepts includes Joe's Crab Shack, Romano's Macaroni Grill and Brick House Tavern + Tap. Each brand offers a variety of high-quality, chef-inspired food and beverages in a distinctive, casual, high-energy atmosphere. The company is also a franchisor for Macaroni Grill in locations in the U.S., U.S. territories and internationally. For more information on Ignite and its distinctive brands visit www.igniterestaurantgroup.com.

 

 

 

Investor Relations

Fitzhugh Taylor

(203) 682-8261

fitzhugh.taylor@icrinc.com