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Non-Tech : KKRO Koo Koo Roo

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To: Mama Bear who wrote (389)4/1/1998 9:33:00 PM
From: Andreas Samson  Read Replies (1) of 479
 
'Iacocca said he's only a temporary chairman of Koo Koo Roo.'

From the Detroit Free Press, Tuesday edition...

>> "I've got enough on my plate," he quipped. "I'll hang around as
long as it takes to give them a hand."

He said he hopes the chain's turnaround efforts succeed --
partly because he eats there several times a week.

"Being on the board, I felt if they did the things that were
necessary, it wouldn't take too long to turn things around. And
I didn't want to walk out on them," he said. "The board asked
me to serve as acting chairman during 'a period of adjustment,'
and I hope that's going to be a matter of months."<<

The game is up. Iacocca is officially a figurehead.
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