Business
Bloomin’ Brands Announces Board Changes
Rohit Lal Appointed New Independent Director R. Michael Mohan Named Chairman; Jim Craigie Retires as Chairman and Director TAMPA, Fla.--(BUSINESS WIRE)--
About this update from Bloomin' Brands, Inc.
[{"type":"text","content":"\nRohit Lal Appointed New Independent Director\n\n\nR. Michael Mohan Named Chairman; Jim Craigie Retires as Chairman and Director\n\n\n TAMPA, Fla.--(BUSINESS WIRE)--\nBloomin’ Brands, Inc. (NASDAQ: BLMN) today announced that Rohit Lal, who currently serves as Executive Vice President and Chief Information Officer for Saia Inc., has joined the company’s Board of Directors. In addition, R. Michael Mohan, who has served as a Director since 2017, has been named Chairman of the Board. Mohan succeeds Jim Craigie, who has retired as Chairman and as a Director after 10 years of service to Bloomin’ Brands. These appointments are part of the Company’s ongoing Board refreshment and succession planning, and its commitment to good corporate governance.\n\n\n“I’m honored to assume the role of Chairman and I look forward to continuing to work closely with my fellow directors and the leadership team in supporting the company’s initiatives to elevate the customer experience, deliver sustainable sales and profit growth and drive shareholder value,” said Mohan. “On behalf of the entire Board, I am grateful to Jim for his leadership and many valuable contributions to Bloomin’ Brands over the past decade.”\n\n\nMohan added, “Rohit’s expertise in the areas of digital, supply chain logistics and cybersecurity complements our current Board composition. All three areas play a pivotal role in growing our dynamic brands and we are excited to benefit from his additional perspectives.”\n\n\nDavid Deno, Chief Executive Officer, said, “Rohit’s proven success will help guide the digital transformation we have underway. We look forward to his insights and expertise as we continue to drive strategies that maximize customer-facing experiences. I would also like to express my sincere appreciation for Jim’s guidance and commitment and welcome Mike as our new Board Chairman.”\n\n\nLal currently leads IT teams in enterprise-wide solutions from applications to analytics in his role as Executive Vice President and Chief Information Officer for Saia. Lal is an expert in transforming IT systems and cultures and ensuring IT solutions and data-driven decisions become competitive tools to enable and advance an organization’s strategic objectives. He brings experience in designing and implementing solutions focused on customer satisfaction, productivity, and asset utilizati...