BRINKER INTERNATIONAL, INC. ANNOUNCES CEO RETIREMENT AND SUCCESSION PLAN

WYMAN ROBERTS TO RETIRE, KEVIN HOCHMAN APPOINTED AS SUCCESSOR

DALLAS, Could 16, 2022 /PRNewswire/ — Brinker International, Inc. (NYSE: Take in) introduced nowadays that Wyman Roberts will retire as Chief Government Officer and President of the business, President of Chili’s^® Grill & Bar and as a member of the Board of Directors successful June 5, 2022. Roberts, 63, will continue to serve the business in an advisory purpose for 12 months as part of the company’s succession system.

The Board of Directors appointed Kevin Hochman, 48, as President and CEO of Brinker Intercontinental, President of Chili’s, and as a member of the Board of Directors productive June 6, 2022.

“Right after an extended research for a successor, the Board is delighted to have Kevin serve as Brinker’s up coming CEO,” said Joe DePinto, Chairman of the Board. “Kevin is a proficient chief and progressive thinker with strategic vision, passion and a productive keep track of record of making models. We are assured he will build shareholder value and preserve the firm’s lifestyle as we perform to bring Chili’s, Maggiano’s and our virtual models to even additional Company.”

“On behalf of the Board of Directors and tens of 1000’s of Group Members, I want to thank Wyman for his perseverance and leadership at Brinker for the very last 17 years,” reported DePinto. “Wyman is a leader with that unique ability to make significant strategic conclusions in a way that will make individual Friends really feel unique at tables in our dining places all over the world. His investment decision in folks and the following generation of leaders, together with his expenditure in running devices and new systems, have grown our brand names through unpredictable problems and established up our corporation for continued accomplishment in the long term. Wyman leaves a legacy that will proceed to positively impression Brinker, its Team Members and Guests for many years to come.”

Roberts has served as Main Govt Officer and President of the firm and as a member of the Board of Directors because January 2013, and in several other government roles with the business considering the fact that August 2005, such as President of Chili’s, Chief Advertising and marketing Officer of Brinker and President of Maggiano’s Minor Italy^®.

“Given that beginning with Brinker 17 several years ago, I have been motivated by the enthusiasm for creating Company truly feel particular that our ChiliHeads, Maggiano’s Teammates and BrinkerHeads convey to our dining places just about every single day,” said Roberts. “It has been a privilege to guide and be a component of this excellent enterprise. I am amazed with Kevin’s character and management competencies, and I glimpse ahead to viewing him take our enterprise to the next level of accomplishment as we make this transition.”

Acknowledged as an fantastic brand builder and innovation chief, Hochman brings considerable experience and abilities to Brinker. Hochman most recently served as President and Main Idea Officer of KFC, U.S., getting been appointed to that place in March 2017. He concurrently served as President of Pizza Hut, U.S. from December 2019 to January 2022, and formerly served as Main Marketing Officer of KFC, U.S. from January 2014 to February 2017. Prior to that Hochman labored at Procter & Gamble for much more than 18 yrs in many manufacturer management and internet marketing roles. 

“I am honored to be appointed Brinker’s President and CEO and take pleasure in the help of Wyman and the Board,” stated Hochman. “I’ve been pretty amazed with our functions and technological know-how and see enormous likely for rising our iconic Chili’s and Maggiano’s models. Brinker’s mission is about producing individuals experience specific, and that is one thing I have tried using to do all through my job. I appear ahead to performing with our Brinker crew to accelerate advancement by creating long lasting and far more regular connections with our Visitors and Group Customers.”

About Brinker Global, Inc.
Brinker Worldwide, Inc. (NYSE: Consume) is a person of the world’s top relaxed eating restaurant corporations and household of Chili’s® Grill & Bar, Maggiano’s Little Italy® and two digital makes: It really is Just Wings® and Maggiano’s® Italian Classics. Founded by Norman Brinker in Dallas, Texas, we have ventured significantly from property, but stayed true to our roots. Brinker owns, operates or franchises a lot more than 1,600 eating places in 29 countries and two U.S. territories. Our passion is earning men and women experience exclusive, and we hope you truly feel that passion every single time you take a look at one particular of our restaurants or invite us into your property by takeout or shipping. Find out additional about Brinker and its manufacturers at brinker.com.

Ahead Hunting Statements

The statements and tables contained in this release that are not historical facts are forward-on the lookout statements in just the that means of Area 27A of the Securities Act of 1933 and Section 21E of the Securities Trade Act of 1934. We intend all forward-hunting statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All forward-seeking statements are built only primarily based on our present-day strategies and expectations as of the day these types of statements are built, and we undertake no obligation to update ahead-on the lookout statements to reflect functions or conditions arising soon after the day this sort of statements are built. Ahead-on the lookout statements are neither predictions nor assures of long run activities or performance and are subject to challenges and uncertainties which could cause real final results to differ materially from our historical outcomes or from those people projected in ahead-wanting statements. This kind of hazards and uncertainties contain, among other things, uncertainty of the magnitude, duration, geographic arrive at and impression of the coronavirus (“COVID-19”) pandemic on community, countrywide and global economies the current, and uncertain long term, impact of the COVID-19 pandemic and governments’ responses to it on our sector, small business, development, track record, projections, prospective clients, money issue, operations, income flows, and liquidity the impact of opposition adjustments in client preferences purchaser notion of foodstuff protection reduced disposable cash flow unfavorable publicity greater minimum amount wages governmental restrictions the impression of mergers, acquisitions, divestitures and other strategic transactions the Company’s ability to satisfy its small business strategy system decline of vital management staff failure to employ and retain substantial-excellent restaurant management the affect of social media failure to protect the protection of facts of our company and team users solution availability regional company and financial disorders litigation franchisee good results inflation changes in the retail marketplace technological innovation failures failure to secure our intellectual assets outsourcing impairment of goodwill or belongings failure to retain productive inner management in excess of monetary reporting steps of activist shareholders adverse weather conditions ailments terrorist acts overall health epidemics or pandemics (this kind of as COVID-19) and tax reform as well as the hazards and uncertainties described in “Danger Things” in our Yearly Report on Type 10-K and potential filings with the Securities and Exchange Commission.

 

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Resource Brinker International Payroll Firm, L.P.