Papa Murphy’s Holdings, Inc. Announces Appointment of New Chair, Jean M. Birch
September 22 2016 - 3:00PM
Papa Murphy’s Holdings, Inc. (NASDAQ:FRSH) today announced the
appointment of Jean M. Birch, a current director, as Chair
effective September 30, 2016.
Jean Birch has served as a Director since April
2015. Ken Calwell, President and Chief Executive Officer of
Papa Murphy’s Holdings, Inc. stated, “Jean Birch has a long and
successful track record leading franchised restaurant concepts and
has been a key member of our Board. The management team and I
look forward to working with Jean in her new capacity as Chair of
the Board as we and our franchise owners continue to execute on the
strategies that we believe will drive profitable long-term growth
for both our shareholders and our franchise owners.”
The appointment of Jean Birch follows the
resignation of current Chair, John Barr, effective on the same
date. Mr. Barr has served as Chair of the Company’s Board since the
Company’s IPO and has served in various capacities at predecessor
companies since 2004.
Calwell continued, “On behalf of the Board and
Company, I would like to thank John for his dedicated service to
Papa Murphy’s and the contributions he has made to the Company over
the years. Under John’s leadership, the system nearly doubled from
both a unit and a sales perspective. We all wish him the best in
the future.”
At this time, the Board has determined not to
fill the vacancy created by Mr. Barr’s resignation.
Mr. Barr stated, “I am grateful for my long
association with Papa Murphy’s and consider it a privilege to have
been able to lead the Company in varying capacities. I am
particularly appreciative of the support I’ve received from the
Board as well as the senior management team during my tenure.
I believe Papa Murphy’s is a uniquely positioned brand
with a strong, loyal consumer following and positive outlook for
2017 and beyond.”
About Papa Murphy’s Papa
Murphy's Holdings, Inc. (Nasdaq:FRSH) is a franchisor and operator
of the largest Take ‘N' Bake pizza brand in the United States,
selling fresh, hand-crafted pizzas ready for customers to bake at
home. The company was founded in 1981 and currently operates more
than 1,500 franchised and corporate-owned fresh pizza stores in 38
States, Canada and United Arab Emirates. Papa Murphy's core purpose
is to bring families together through food people love with a goal
to create fun, convenient and fulfilling family dinners. In
addition to scratch-made pizzas, the company offers a growing menu
of grab 'n' go items, including salads, sides and desserts. Order
online today at www.papamurphys.com.
Investor Contact:
Fitzhugh Taylor, ICR
fitzhugh.taylor@icrinc.com
877-747-7272
Media Contact:
Jessica Liddell, ICR
jessica.liddell@icrinc.com
203-682-8208
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