Subj: Chicago Pizza Appoints Ernest Klinger as President and...
Date: 6/21/99 6:18:56 AM Pacific Daylight Time
From: AOL News
BCC: Lhn5
Chicago Pizza Appoints Ernest Klinger as President and Co-Chairman
MISSION VIEJO, Calif.--(BUSINESS WIRE)--June 21, 1999--Chicago Pizza & Brewery Inc. (Nasdaq SmallCap: CHGO) Monday announced that Ernest Klinger had been appointed president and co-chairman of the board of the company.
The company also announced that Paul Motenko and Jeremiah Hennessey will serve as co-chief executive officers and shall serve with Klinger as co-chairmen of the board of directors.
Since 1983, Klinger has served as the chief financial officer of Arden Group, the parent corporation of Gelsons Supermarkets, a leading regional supermarket chain with annual revenues of $300 million. Klinger has served as a director of Chicago Pizza since 1997. In addition, Klinger has held management and finance positions with various private and public companies throughout his career.
Motenko stated that "We are very excited to have Ernie Klinger join our management team. We feel his depth of business experience as well as his familiarity with the company and its business will enable him to be an invaluable asset to the company in the future."
Chicago Pizza & Brewery operates 29 casual dining restaurants, some of which incorporate brewpubs. Ten of the restaurants are located in Southern California, one is located in Lahaina, Maui and one is located in Boulder, Colo. The company operates seven BJ's restaurants in Oregon and 10 Pietro's restaurants in Oregon and Washington.
BJ's restaurants offer customers a moderately priced menu that includes deep-dish Chicago-style pizza as well as sandwiches, salads, desserts, critically acclaimed hand-crafted beers and more. Visit Chicago Pizza & Brewery on the Web at bjsbrewhouse.com.
The information presented herein contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, which are intended to be covered by the safe harbors created thereby. The company's results may differ significantly from the results indicated by such forward-looking statements. Factors that might cause such differences include, but are not limited to: (i) the company's ability to manage growth and conversions, (ii) construction delays, (iii) restaurant and brewery industry competition and other such industry considerations, (iv) marketing and other limitations based on the company's historic concentration in Southern California and current concentration in the Northwest, (v) consumer trends, (vi) increased food costs and wages, including, without limitation, the recent increase in the minimum wage, and (vii) other general economic and regulatory conditions.
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CONTACT:
Chicago Pizza & Brewery Inc., Mission Viejo
Paul Motenko, 949/367-8616
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